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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Aug- 2024 -28 AugustE-Commerce
Ebay UK expands Authenticity Guarantee to pearl jewellery
Ebay UK has expanded its Authenticity Guarantee service to pearl jewellery in collaboration with GIA, the Gemological Institute of America. The news comes as the marketplace saw a 30% increase in gemstone sales in the first six months of 2024. New and pre-loved pearl pieces sold for £500 and over…
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23 AugustNews
H&T Pawnbrokers profit before tax jumps to £9.9m
H&T Group, the UK’s largest pawnbroker and a retailer of new and pre-owned jewellery and pre-owned watches, has reported a 12.5% increase in profit before tax to £9.9m in H1 2024. The group stated that the core pawnbroking business continues to be the foundation of group profits as it is…
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Jul- 2024 -24 JulyDesigners
LVMH watches and jewellery arm sees profits and revenues fall in H1
LVMH’s jewellery and watches business has reported a 19% decline in profits from recurring operations to €877m (£736.6m) and a 3% fall in revenues to €5.15bn (£4.33bn) in the first half of 2024. According to LVMH, its profits were “heavily affected by exchange rate fluctuations”. Despite the drop in revenues…
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8 JulyRetailers
Laings becomes authorised Rolex certified pre-owned retailer
Laings has announced it has become an authorised Rolex Certified Pre-Owned retailer across its UK estate of showrooms. In joining the programme, Laings provides the opportunity for its clients to purchase previously owned Rolex watches that the brand itself has certified and guaranteed. This comes after Laings’ launched a new,…
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Jun- 2024 -10 JuneRetailers
Mappin and Webb opens new Scottish showroom
Mappin and Webb has announced the opening of its new showroom in the heart of the luxury retail quarter on Multrees Walk, in Edinburgh. The double story showroom has become the brand’s largest Scottish showroom and follows the refurbishment of its Glasgow store. On the ground floor, the store will…
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May- 2024 -30 MayRetailers
Laings to open new refurbished Glasgow flagship
Laings has announced that it is set to open its new flagship store on Glasgow’s Buchanan Street. Following a £5m investment, the B-listed building Rowan House, has been transformed into a fully furnished showroom, covering 7,113sq ft across two floors of retail space. The building will include the recently opened,…
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29 MayRetailers
David Yurman enters UK market with Watches of Switzerland partnership
American luxury jewellery brand David Yurman has expanded in the UK in partnership with The Watches of Switzerland Group. From July 2024, David Yurman will be available at Mappin and Webb, Regent Street and online. The store will feature an exclusive curation of the brand’s men’s and women’s collections, with…
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22 MayRetailers
Goldsmiths unveils new Hublot shop
Goldsmiths has announced the launch of a new Hublot shop-in-shop within its Trafford centre showroom. The new space is in accordance with the Hublot interior design concept “The Art of Fusion”. Customers will be able to browse a number of Hublot collections as well as an exclusive Watches of Switzerland…
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9 MayRetailers
Watches of Switzerland acquires Roberto Coin
Watches of Switzerland Group has signed and completed the acquisition of the entire share capital of Roberto Coin Inc. for a total cash consideration of $130m (£104.2m). Roberto Coin S.p.A., founded in the Italian city of Vicenza, designs and manufactures delicately handcrafted jewellery with a unique ruby signature under the…
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Apr- 2024 -23 AprilTrade Organisations
The NAJ launches Codes of Practice for whole UK industry
The National Association of Jewellers (NAJ) has announced that its Codes of Practice are now available to all jewellery businesses in the UK, irrespective of whether they are a member of the association or not. In 2022, the NAJ launched its strategy centred around compliance, profitability, and responsibility. This strategy…
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