Retail Sales
Retail sales are a key driver of the UK jewellery trade, reflecting consumer trends, seasonal peaks, and broader economic conditions. For jewellers, suppliers, and manufacturers, monitoring retail performance is crucial to planning inventory, marketing, and growth strategies. Jewellery Focus provides comprehensive coverage on retail sales, including market analysis, sales figures, consumer behaviour insights, and strategies for maximising performance in-store and online.
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Jun- 2014 -3 JuneEconomy
Economic growth reaches ‘record high’, says CBI
Economic growth reached a record high in May, posting the highest reading since data began in 2003, according to the latest CBI growth indicator. The survey of 726 respondents across the manufacturing, retail and service sectors registered record high growth in business activity, with a balance of +35%, up from…
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3 JuneEconomy
Cash use down by 14% over the last five years, says BRC
By Helen Dickinson, director general of the British Retail Consortium Customers are using less cash than ever as retailers make it easier and more convenient to shop and pay. New data reveals that a growing proportion of smaller payments previously made in cash are now being made in other ways.…
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May- 2014 -27 MayEditor's Blog
Can you smell a retail boom?
I love to be the bearer of good news. The UK just had the biggest year-on-year rise in the quantity of goods bought in the retail sector since 2004. Yes, you heard right. OK, so a lot of the 6.9 per cent fillip has been precipitated by food sales (thanks, Tesco,…
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21 MayRetailers
Retail sales jump by 6.9% in April, says ONS
The quantity bought in the retail industry in April this year increased by 6.9 per cent compared with the same period last year, and by 1.3 per cent compared with March, according to the latest figures from the Office for National Statistics (ONS). This was the highest year-on-year growth in…
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Apr- 2014 -29 AprilEditor's Blog
Another trade show on the continent? Sounds good to me…
There’s no arguing with the notion that a busy trade show means its appertaining sector is buoyant. That’s why the inaugural Jewellery & Gem Fair Europe, organised by UBM Asia, spells good news for the industry as a whole. After the show closed, the organisers excitedly trotted out a press release…
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28 AprilCurrent Affairs
March retail sales jump 4.2%, says ONS
Overage retail sales across the UK rose by 4.2 per cent in March compared with the same period in 2013, and by a more modest 0.1 per cent compared with February 2014, according to the latest figures from the Office of National Statistics (ONS). Highlights from ONS report: In March…
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8 AprilEditor's Blog
The buying begins
It now seems that the upward trend for hallmarking figures is gaining strength. Across the four major assay offices in the UK, the total number of items hallmarked in the first quarter of this year was up by 23 per cent, compared with the same period the previous year. The…
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Mar- 2014 -11 MarchEconomy
Three-month retail sales growth ‘in line’ at 2.8%, says BRC
The three-month average growth in retail sales to the end of February was 2.8 per cent, according to the latest figures from the British Retail Consortium (BRC). These figures mean the three-month period was in line with the 12-month trend, which now sits at 2.7 per cent growth. However, on…
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Feb- 2014 -27 FebruaryEconomy
H&T pawnbrokers’ 2013 full year profits dip 60%
The UK’s largest pawnbroking group, H&T, has revealed that pre-tax profits slumped a hefty 60 per cent to £6.7m, for the full year to 31 December 2013. Total sales for the full year were £49.9m, down by 19.9 per cent compared with the previous year’s £62.3m. The figures come as…
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Jan- 2014 -7 JanuaryEconomy
H&T Group announces 18% profit increase
Pawnbroker group H&T has announced an 18% jump in profits despite a rapidly falling gold price. A 29 per cent drop in the gold price over the last 12 months has had an impact on the business with reduced earnings from both gold purchasing and pawnbroking scrap. The H&T Group…
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