Ernest Jones
This coverage examines Ernest Jones’ operations and strategy within the UK retail market. Reporting highlights store activity, product collections, marketing campaigns, leadership decisions, and customer engagement initiatives shaping its position in the jewellery and watch sector. Insights are tailored for retail professionals monitoring premium retail, consumer trends, and brand positioning in jewellery and timepieces.
-
Jun- 2024 -27 JuneLuxury Goods
Watches of Switzerland EBITDA falls 11% amid 2% rise in group revenues
Watches of Switzerland has reported a 11% decline in adjusted EBITDA amid a 2% rise in group revenues to £1.5bn at constant currency for the 52 weeks ended 28 April 2024. Its US sales increased 11% to £692m, while its UK and Europe sales dipped by 5% to £846m, impacted…
Read More » -
Nov- 2023 -7 NovemberNews
Today’s news in brief-7/11/23
Fast fashion brand Shein has reportedly expressed interest in acquiring Topshop. This comes shortly after the acquisition of Missguided and its intellectual property rights from Frasers Group. Asos, the current owner of Topshop, has been considering selling the brand to bolster its financials following a significant loss of nearly £300m…
Read More » -
7 NovemberNews
Watches of Switzerland Q2 revenues rise to £379m
Watches of Switzerland has reported that revenues increased to £379m in Q2 2023, up from £374m for the same period last year, due to robust demand for luxury watches. US revenue reached £165m, up 11% at constant currency. The group reported strong sales due to the opening of new mono-brand…
Read More » -
Feb- 2021 -11 FebruaryHigh Street
Two-fifths of retailers expect Valentine’s sales boost
Two-fifths of retailers (41%) expect to see a boost in sales in the run up to Valentine’s Day. According to Barclaycard Payments, £787m is expected to be spent on the celebratory day, despite ongoing Covid-19 restrictions. As a result of the expected 26% spike to predicted sales, 63% of retailers…
Read More » -
1 FebruaryAnalysis
Adapting and diversifying as a result of Covid-19
It’s no secret that 2020 was a tough year for many businesses. The closure of non-essential stores meant that the majority of retailers have had to find new ways to continue operation. Whilst the situation has and continues to be difficult for many businesses, we’ve also seen many become more…
Read More » -
Sep- 2020 -4 SeptemberLuxury Goods
H. Samuel owner swings to loss in Q2
The parent company of H.Samuel and Ernest Jones, Signet Jewellers, swung to a loss of $81.7m (£62m) in its second quarter of trading, down from a loss of $36.1 (£27.4m) the year before. Total sales also fell by 34.9% to $888m (£623m) in the quarter ended August 1, 2020. Meanwhile,…
Read More » -
Mar- 2018 -13 MarchGovernment
Leading retailers support plan for sustainability and equality
Over 25 leading UK retailers, including Sainsbury’s and John Lewis, have signed up to a series of pledges to tackle global challenges over the coming decades. The ‘Better Retail Better World’ scheme includes a series of stretching targets for the retail industry to achieve by 2020, and uses the United…
Read More »
