Wholesale
Wholesale is the backbone of the UK jewellery supply chain, connecting manufacturers, distributors, and retailers with the products and materials they need to meet market demand. From precious metals and gemstones to finished collections and display solutions, wholesale operations shape the success of both independent jewellers and major retail chains.
Jewellery Focus covers the wholesale sector in depth, reporting on supplier innovations, market trends, pricing developments, and logistical challenges affecting the trade. We provide insights for retailers seeking reliable partners, as well as for wholesalers looking to adapt to shifting consumer behaviours, sustainability demands, and regulatory changes.
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May- 2025 -8 MayManufacturers
De Beers to close lab-grown diamond brand
De Beers Group has announced its intention to close its lab-grown diamond jewellery brand, Lightbox, marking its commitment to natural diamonds. As part of the closure process, De Beers Group is discussing the sale of certain assets, including inventory, with potential buyers. The business was launched with transparent linear pricing…
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Feb- 2025 -21 FebruaryManufacturers
De Beers revenues plummet 23% in FY24
De Beers has reported a 23% reduction in total revenues to $3.3bn (£2.61bn) year-on-year, primarily due to a 25% reduction in rough diamond sales to $2.7 billion (£2.13bn). The consequential impact of lower sales volumes, a lower average price index and higher unit costs resulted in an underlying EBITDA of…
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Jan- 2025 -17 JanuaryDesigners
Richemont’s jewellery maisons boost Q3 sales
Richemont has reported a 10% increase in its Q3 sales to €6.2bn (£5.2bn), driven by its jewellery sales which saw a 14% rise to €4.5bn (£3.80bn), adding to 71% of group sales. The group’s four jewellery maisons, Buccellati, Cartier, Van Cleef and Arpels and Vhernier’s sales growth was fuelled by…
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Dec- 2024 -13 DecemberDesigners
Toolally launches in John Lewis
British jewellery brand Toolally has announced its launch on JohnLewis.com with its Peacocks and Pearls collection. Available at John Lewis from the end of November, The Peacocks and Pearls collection is a nod to the colour palette and vibe of the late 60s and early 70s. The 23-piece jewellery collection…
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Aug- 2024 -28 AugustDesigners
Astley Clarke and Edge of Ember merge leadership
Aeternum Holding, owner of Astley Clarke and Edge of Ember, has announced that the two brands will merge under one leadership. As part of this transition, Scott Thomson, who has served as CEO of Astley Clarke since 2013, will be stepping down As a result of this Lynette Ong, founder…
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5 AugustRetailers
Wolf appoints new sales manager
Wolf has announced the appointment of Neil Cooksley as its new sales manager for the north of England, Northern Ireland and Scotland. Cooksley has worked within the watch and jewellery industry for almost 25 years having started his career at a high street jeweller. Following that, he then moved to…
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Jul- 2024 -9 JulyManufacturers
The Royal Mint appoints global head of growth for precious metals
The Royal Mint has announced that Nick Bowkett will take on the role of head of Growth for precious metals, leading its expansion into new markets globally. The Royal Mint is the UK’s home of precious metals, having worked with them for over 1,100 years. Today, it operates a “thriving”…
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May- 2024 -20 MayDesigners
Richemont sales rise 3% to €20.6bn in FY 2024
Richemont has reported a 3% increase in group sales to €20.6bn (£17.6bn) in FY 2024, driven by jewellery Maisons and retail, representing 69% of group sales. However, the group’s operating profit dropped by 5% to €4.8bn (£4.11bn). Profit for the year from continuing operations, which incorporated net one-time unallocated charges…
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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 -10 AprilRetailers
Auree launches online with John Lewis
British contemporary jewellery brand Auree has launched online in partnership with John Lewis. Coinciding with the start of the Spring/Summer season, a curated edit is now available within the store’s jewellery section, including necklaces, bracelets, rings and earrings priced from £35. The launch marks the continuation of a wholesale expansion…
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