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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Nov- 2016 -21 NovemberEconomy
Retailers ‘bullish’ for Black Friday and Christmas sales
Retailers are optimistic that they will achieve a positive result in their biggest sales period, with most anticipating increased revenues on Black Friday and across the Christmas period. The Barclays Christmas Survey 2016 found the majority of retailers are more confident about Christmas trading compared with 2015 (60%), with just…
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2 NovemberCurrent Affairs
Diamond prices decline in October
Diamond markets were quiet in October with wholesale businesses closing for the respective Chinese, Jewish and Indian holidays. The latest RapNet Diamond Index (RAPI) from the Rapaport Group also found trading slowed as larger US holiday orders were already filled and dealers shifted to accommodate specific requirements from their retail…
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Sep- 2016 -27 SeptemberDesigners
Links of London owner posts strong results for H1 2016
The FF Group – owner of watch and accessory brands Links of London and Folli Follie – has posted strong first-half results despite an “adverse global environment”. Consolidated revenues for the group reached €653m (£567m), compared with €594m (£516m) in the same period of 2015 – an increase of 9.8%.…
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Aug- 2016 -23 AugustCurrent Affairs
Men in retail sector paid £4,523 more than women
Men in the retail and wholesale sector are paid on average £4,523 more than women, new research has claimed. According to figures released today by the Chartered Management Institute (CMI) and XpertHR, men are more likely than women to have been promoted into senior and higher paying management roles in…
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Apr- 2016 -12 AprilEconomy
De Beers reports stable rough diamond demand
The De Beers Group has reported stable rough diamond demand, following its third sales cycle of 2016. The company reported rough diamond sales of $660m (£465m) compared with the $617m (£434m) realised in its second sales cycle earlier this year. The company said continued stability in polished diamond prices and…
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11 AprilCrime
VIDEO: Illegal gold mining is ‘driving organised crime in Latin America’
Illegally mined gold in South America has overtaken cocaine and is now the “most important” way to earn money for organised crime gangs, according to a new report. The new report, from The Global Initiative Against Transnational Organised Crime, found in Peru and Colombia – the largest cocaine producers in…
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Feb- 2016 -19 FebruaryCurrent Affairs
WFDB warns of synthetic diamonds fraudulently marked as natural
The World Federation of Diamond Bourses (WFDB) has announced it has been informed that a vendor on online wholesale trading platform, Alibaba, is offering fraudulent diamonds. WFDB said the vendor is offering CVD lab-grown synthetic diamonds inscribed with the numbers of genuine GIA-graded natural diamonds reports. The seller on Alibaba,…
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Nov- 2015 -5 NovemberEconomy
Retailers ‘confident’ for Christmas and Black Friday trading
A record number of retailers are confident about the fast-approaching Christmas trading period and Black Friday, according to new figures from Barclays. The bank’s Christmas Survey found that more than three quarters (77%) reported they are more confident about Christmas trading this year. An even higher proportion (79%) said they…
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Oct- 2015 -9 OctoberBrand Profiles
Interview with Scott Thomson, CEO of Carat*
Luxury fashion jewellery brand Carat* spent the latter half of 2014 expanding its footprint both in the UK and overseas. MICHAEL NORTHCOTT caught up with founder and CEO, Scott Thomson [divider style=”solid” top=”20″ bottom=”20″] Give us a 60-second roundup of what’s been going on in the last 12 months We’ve…
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8 OctoberManufacturers
Gemfields profits fall despite rise in revenue
Coloured gemstone supplier Gemfields has report total revenue of $171.4m (£112m) – up from $160.1m (£104.6m) last year – in its financial report for 2015. Despite this, the company reported that its pre-tax profits decreased to $12.3m (£8m) for the year ended June 30, 2015 – down from $16.3m (£10.7m)…
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