Watches
Watches hold a unique position in the jewellery trade, blending craftsmanship, design, and technology to create enduring appeal for consumers and lucrative opportunities for retailers. From luxury Swiss timepieces to emerging British watch brands, the sector continues to evolve with shifting trends, innovation in materials, and changing customer expectations. Jewellery Focus covers the watch industry from a trade perspective, offering news on brands and launches, market analysis, retail insights, and updates on supply chain and distribution. Our coverage equips jewellers, distributors, and suppliers with the intelligence needed to navigate this dynamic segment.
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Feb- 2023 -10 FebruaryRetailers
Watches of Switzerland falls short of expectations amid Christmas strikes
Watches of Switzerland has reported that its revenues increased 17% to £407m in the 13 weeks to January 29 this year, narrowly falling short of analysts’ consensus expectations of £425m. The company said its lower than expected sales growth was because of rail and postal strikes over Christmas and general…
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8 FebruaryDesigners
Dior launches Dior Grand Soir Automate watch line
French jeweller Dior has launched its new line of watches titled “Dior Grand Soir Automate”. The line has three different versions of the watch which is part of the overall Dior Grand Soir line. This line has been released every year since 2012. The brand said “creative freedom, aesthetic audacity…
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Jan- 2023 -23 JanuaryRetailers
Billionaire Bill Ackman takes minority stake in Bremont
Billionaire hedge fund manager Bill Ackman has taken a minority stake in luxury British watch brand Bremont, according to the Financial Times. It comes after he became one of the brand’s customers, and will now provide financial backing as the company plans to bring large-scale watch manufacturing back to the…
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20 JanuaryRetailers
Beaverbrooks sees record December sales
Jewellery retailer Beaverbrooks has announced record breaking December sales with an 8% increase compared with 2021. The retailer also stated that it saw an 18% increase in sales when only accounting for the last two weeks of the month compared with 2021. Despite the cost of living crisis and rail…
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Dec- 2022 -22 DecemberRetailers
Goodman bros to distribute Angel Whisperer in UK
Goodman bros has announced that it has been appointed as the distributor of Angel Whisperer from Engelsrufer in the UK and Ireland. The company has successfully distributed Angel Whisperer in other territories and has now been given the green light to replicate the operation in the UK and Ireland. Angel…
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19 DecemberRetailers
Laings announces £60m turnover in post-pandemic rebound
Retail jeweller Laings has announced a 62% increase in turnover, up to £60m, in its results for the year ended 31 May 2022. The company’s pre-tax profit was £5.4m up from £2.8m in 2021. Its gross margin also rose to 34% from 32.8%. The results were supported by “healthy growth”…
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16 DecemberRetailers
Goldsmiths upgrades Solihull showroom
Goldsmiths has relocated its Solihull showroom to a new larger location in the Touchwood shopping centre. Goldsmiths’ Solihull features a whole new interior design, and includes Goldsmiths diamond jewellery offering alongside engagement, wedding, and eternity rings, and a large new hospitality area plus a repairs and service lounge. Craig Bolton,…
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13 DecemberFeatures
Vicenzaoro January 2023 launches new B2B area
At VOJ – Vicenzaoro January 2023, it’s time for watches. The new TIME community, dedicated to contemporary watchmaking with multi-channel distribution, will be making its debut from 20 to 24 January. The B2B area will integrate the product offer of the Italian Exhibition Group show with a selection of brands and…
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13 DecemberRetailers
Irish jeweller teams up with Montblanc for Dublin boutique
Irish jeweller Paul Sheeran has teamed up with luxury retailer Montblanc to open a new boutique in Dublin. The store will be Montblanc’s first in Dublin and will allow Paul Sheeran jewellery to be sold alongside Montblanc’s range of leather accessories. Paul Sheeran Jewellers is an Irish, family owned and…
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5 DecemberRetailers
Latest Cheffins Jewellery sale grosses £369,000
The last Cheffins Jewellery, Silver and Watches Sale of 2022 grossed over £369,000, with the auction seeing a 95% sale rate across the 531 lots offered. It took place on Thursday 24 November at the firm’s sale rooms in Cambridge. Leading the jewellery section was a pair of Burmese ruby…
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