Latest Intelligence on Jewellers

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Type Product title / description Pub Price
CommentWire
CommentWire

UK workforce: rise in employment of over 50s in the retail sector

The Employers Forum on Age, which represents 245 companies across the UK, says a growing number of older people are coming out of retirement and entering the workforce. A new law being introduced in October bans discrimination on age. This not only has the potential to extend our working live and changes the future of retirement, it also challenges employers on how to manage their workforce.

Published By Datamonitor
14 Jun 2006
CommentWire
CommentWire

UK retail: car-free Oxford Street not just for Christmas?

Christmas shoppers heading for London's West End will enjoy a little respite from petrol fumes and overcrowded pavements on December 17, when Oxford Street closes to traffic. Indeed, a growing number of retailers believe that permanently freeing the street of traffic is the only way to make sure shoppers regard it as an attractive alternative to more pedestrian-friendly out-of-town destinations.

Published By Datamonitor
08 Dec 2005
CommentWire
CommentWire

Tiffany & Co: losing its sparkle in Japan

Despite the fall in operating profit, Tiffany's results are solid given the general conditions of the US economic environment. It achieved a 9% rise in sales for the quarter ending July 31, showing the strength of the brand - but Japan remains a problem it has yet to solve.

Published By Datamonitor
01 Sep 2006
CommentWire
CommentWire

Tiffany & Co.: good news hampered by one-off losses

The luxury retailer Tiffany & Co. reported positive Q4 and full year results, despite the sharp downturn in the US economy and losses from discontinued operations. Although it is dependent upon international sales to support its full year growth, the company's home market appeared to remain resilient; however, 2008 looks more challenging.

Published By Datamonitor
25 Mar 2008
Expert View
Expert View

Theo Fennell: demand for luxury drives profits

The luxury jeweler Theo Fennell has reported 41% sales growth and like-for-likes up by 35% for the half year to September 30, 2006, helped by contributions from its expanding international business. This was backed up by strong like-for-like sales growth in its core UK market, underlining the growing appeal and potential of its designer-led range.

Published By Datamonitor
22 Nov 2006
Expert View
Expert View

Tesco set to take crown as UK's largest non-food retailer

By the end of 2006, Tesco will not only be UK's biggest food retailer, it will also claim the crown as UK's largest non-food retailer. According to Verdict Research, Tesco will increase the pace of its non-food sales growth in 2006, thrusting it ahead of former non-food king ARG, owner of Argos and Homebase.

Published By Datamonitor
09 Aug 2006
CommentWire
CommentWire

Signet: splitting UK operations could pose scale problems

The proposed deal between the two parties would see Signet's UK operations split, with Gerald Ratner retaining ownership of H Samuel and Baugur acquiring Ernest Jones and Leslie Davis. Although this deal would offer many benefits for former H Samuel owner Gerald Ratner, in UK retail, scale is a hugely important factor and a split could lead to a decline in margins for the jeweler.

Published By Datamonitor
06 Nov 2006
CommentWire
CommentWire

Signet: don't sell H Samuel

The possible acquisition of parent company Signet could result in the H Samuel chain being sold. However, if this happened, the most likely move for the acquirer would be to take the business more upmarket - resulting in increased competition for Signet's more successful UK operations.

Published By Datamonitor
04 Aug 2006
CommentWire
CommentWire

Signet: between a rock and a hard place

Jewelry specialist Signet is in an awkward situation. While some premium and luxury goods retailers are still performing well, these are largely retailers with aspirational brands able to command loyalty from a highly affluent customer base. This is a very different position to Signet, which offers more affordable luxuries for mainstream consumers and is set to face continuing pressures in 2008.

Published By Datamonitor
10 Apr 2008
Expert View
Expert View

Signet Group: issues profit warning

Signet has warned analysts that profits could be lower than expected after a disappointing third quarter. With stores in both the US and the UK, Signet's announcement of a slowdown in sales and a profit warning has been interpreted by many analysts as evidence of the slowdown in consumer spending and a tough Christmas ahead in both markets. However, there are other factors to consider too.

Published By Datamonitor
28 Nov 2007

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