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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Jul- 2022 -18 JulyNews
Richemont Q1 sales rise 12% to £2.55bn
Richemont has reported sales growth of 12% for the first quarter ending 30 June 2022, rising from €4.39bn (£3.72bn) to €5.26bn (£4.46bn), with its Jewellery Maisons business also delivering 12% sales growth from €2.51bn (£2.13bn) to €3bn (£2.55bn). The group’s other business areas, mostly composed of Fashion and Accessories Maisons,…
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8 JulyNews
Cost of living crisis weighs on retail sales growth
High levels of inflation and the deepening cost of living crisis have prompted further slowing of retail sales growth, according to BDO’s High Street Sales Tracker (HSST). It found that total like-for-like (LFL) sales, combined in-store and online, increased by +8.4% in June compared to the equivalent month in 2021,…
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Jun- 2022 -1 JuneRetailers
Deakin and Francis appoints business development manager
Deakin and Francis has announced the appointment of Mark Riddle as the company’s new business development manager. In his new role, Riddle will focus on working with existing UK accounts to build sales, secure compatible new UK wholesale distribution for the Deakin and Francis brand, and identify new corporate clients.…
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1 JuneEconomy
Almost half of businesses hit with price increases
Approximately half (48%) of businesses currently trading have reported that the prices of materials, goods, or services bought in April 2022 had increased from March 2022, while 23% reported that prices sold had increased across the same period. According to the Office for National Statistics (ONS), the wholesale and retail…
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May- 2022 -12 MayEconomy
UK economy shrinks in March
The UK economy shrunk by 0.1% in March as consumers started to feel the bite of rising energy prices and the cost of living. The latest figures also come after a period of no growth in February. During the period, services fell by 0.2% on the month and was the…
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4 MayRetailers
Dollie Jewellery welcomes business partner amid global revamp
Dollie Jewellery has appointed Melanie Tillett as its new business partner in a bid to revamp the silver jewellery brand. Dollie Jewellery is now expanding its presence nationally and internationally, and Tillett will be responsible for pushing the company as it prepares to enter the global marketplace. Tillett is the…
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Apr- 2022 -11 AprilEconomy
UK GDP slows to 0.1% in February
Gross domestic product (GDP) slowed in the UK as the economy only saw 0.1% growth in February, down from a growth rate of 0.8% in January. According to the Office for National Statistics (ONS), services grew by 0.2% and was the main contributor to February’s growth in GDP, although this…
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Dec- 2021 -23 DecemberRetailers
Auree to debut on Liberty’s online shop
Jewellery brand Auree will debut a selection of pieces from various collections on department store Liberty’s online shop. A curated edit is now available within the store’s jewellery section, including necklaces, bracelets and earrings priced from £30. The launch marks the continuation of a wholesale expansion for Auree, who set…
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Oct- 2021 -11 OctoberProduct Launches
Natalie Perry Jewellery releases Entwined bridal collection
Independent designer, Natalie Perry, has released her first bridal collection called ‘Entwined’ which is composed of eight pieces. The eight piece collection comprises engagement rings and unisex wedding bands made from 100% recycled gold, set with responsibly-sourced rose cut diamonds and brilliant cut diamonds. The designs are a “unique take…
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Sep- 2021 -28 SeptemberRetailers
Sif Jakobs Jewellery director to step down
Sif Jakobs Jewellery has announced that Mark Riddle, the director for UK and Ireland, will leave the company on 30 September 2021. After three-years at the helm, Riddle said that during his time at the group, despite the challenges of Covid-19 and Brexit, wholesale sales trebled since 2018. With over…
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