Industry Analysis & Industry Trends
Industry operators sell jewellery items, watches, clocks, silverware and gift items across varying price points. The performance of the industry is strongly linked to levels of consumer confidence and household disposable income. Jewellery and watches are considered to be discretionary items, and customers therefore choose to reduce their expenditure on these products. Luxury jewellery and watches, however, at higher price brackets, are generally unaffected by fluctuations in confidence and income, benefiting from constant demand from wealthy customers... purchase to read more
Industry Report - Industry Locations Chapter
The industry is fiercely contested, as a result operators place high importance on the position and location of their stores. It is paramount that operators locate their stores in regions with high customer footfalls. For this reason, the geographic spread of jewellery stores is highly correlated with the size of the population. Operators also look to regions with high average levels of disposable income, as operators want to be close to their end users.
London is estimated to account for the highest proportion of industry establishments, accounting for 19.6% in the current year. London is estimated to be the second highest populous region, operators are drawn to populated regions and as a result are drawn to London. Var.. purchase to read more