Gems and jewelry market in the UK

Gems and jewelry market in the UK. Britain does not have raw material sources in the country. However, the United Kingdom. In London, a center for trade and diamond cutting was one of the world's largest trading company De Beers, the diamond, the largest in the world. The market share of over 40 percent of global diamond production value of the Diamond Trading Company (DTC) is the base of the (sort) valuation (value) and diamond (sell) is located in London. The import of rough diamonds from De Beers diamond mine owner / shareholders in different countries is important for Botswana; Namibia; South Africa and Canada in the stone. British sources in the country as well.

In terms of jewelry. Most manufacturers are small companies - small Clustered together in the same district. The gem and jewelry centers in the United Kingdom has two of the Hatton Garden in London and The Jewellery Quarter in Birmingham and the major manufacturers. Have moved their production bases overseas. To reduce production costs. And import as may be necessary in some cases, companies in the United Kingdom acted as a distribution base for jewelry brand only. The brand is known worldwide sales of the small number of sales to consumers, but the top level of the market. Abbeycrest PLC is the largest manufacturer, which moved the production base to Thailand. A full range of business operations. Since the design, manufacture and distribution of gold and silver jewelry. It has production facilities in Abbeycrest 100 million worth of gems and jewelry, located in Lamphun. The acquisition of Essex International plc's largest jewelry manufacturer in Thailand also has a production base and market, Hong Kong. 1.2 Production capacity / number of workers. Hatton Garden is the center of the gem and jewelry business more than 300 experts and technicians to do a cameo. Designer jewelry and more than 1,000 employees of The Jewellery Quarter in Birmingham, at present, is the center of retail stores and over 100 jewelry designers. 2. Marketing. 2.1 Products in the UK market is worth about 4.9 billion pounds. 2.2 product potential. British consumer's love of design (design) special (special), modern (modern) and fine (delicate) is also a favorite jewelry set. The necklace is a piece that sells best.


Statement jewelry, jewelry trend of 2011 is a great piece of jewelry is very colorful and exotic (huge, colourful, unusual) that will stand out from the clothes to wear. Whether it is a bracelet that is too large in size (oversized bracelets) earrings longer than the size (extra-long earrings) necklace bizarre (extravagant necklaces) is for the necklace will work a combination of silver and gold. bronze. The design The shape of the ornaments of the tribes in Africa. The use of colored stones and gems of different colors in the necklace chain arranged in a layered (layered chains), with glass beads, pearls, feathers are also popular. Part of a chandelier earrings (chandelier) became popular again. It is a very long almost to the shoulder. The length of a gem flutter bright (bright colours), glass beads and diamond cut that is not implied. On the part of the ring. Trends in the jewelry has been popular as a summer or fall, the ring of a cocktail ring, which this year focuses on animal motifs (especially butterflies), and flower motifs (especially leaf clover) by using the stone variety (muti colored stones. ) funky design and unique style is very popular for bracelets that are fashionable this year is a nested loop bracelets (bangles). 2.3 Consumer Behavior. Years ago. Jewelry, silver (white metal) tend to be popular. Gold jewelry has continued. Both in the UK market and most markets around the world, the UK market, at church, a market of consumers who have the platinum or platinum status has been very popular. The gold and platinum jewelry with a market share above 90 percent, while silver has a market share of approximately 7 percent. The current economic recovery is still fragile and the United Kingdom. There are a lot of people lost their jobs. And inflation remained relatively high. An Event to buy jewelry. Which is classified as luxury goods tends to decline. And become a more important factor in buying decisions. 2.4 channel. 2.4.1 Wholesalers and import agents. Play an important role, since most products are imported from abroad. The products under the trademarked name a lot. However, for products under the name of a famous trademark is often sold in some retail locations. The import agent or distributor has quite a lot. Our company is a leading supplier of jewelry can be found on website of the Jewellery Distributors' Association of the UK's www.jda.org.uk. 2.4.2 buyers (Buying Group) is a consortium of vendors, independent or network of small retailers. Which plays a huge role during the wholesalers to retailers. Since the total order volume and greater powers to negotiate with the seller or distributor. The major buyers such as Houlden Group whose members are the retailers for more than 30 locations and more than 70 of the retail network (website: www.houlden.biz).


 2.4.3 Suppliers are large. - Abbeycrest PLC, a leading manufacturer and distributor of gold jewelry and money. The production base is located in the Abbeycrest PLC was Abbeycrest Thailand limited, which has a factory worth 100 million baht in Bangkok in 2003 and acquired Essex International plc manufactures jewelry Thailand's major addition. There is also a production base and market by Abbeycrest Hong Kong, Hong Kong, the production and marketing Abbeycrest International profile can be viewed from the website http://www.abbeycrest.co.uk/Contact.htm. - Signet Group PLC is a major retailer. Focus on the middle market. The administration is divided into two parts: the US division (equivalent to approximately 78 percent of total sales) and by the UK division UK division for the fiscal year 2010 sales in the United Kingdom were U.S. $ 733.2 million. The company has a market share of 11 percent and 558 retail stores in the United Kingdom. The Company's products under their own name is a trademark of H Samuel, Ernest Jones, Leslie Davis, Forever Diamond and Perfect Partner http://www.signetjewelers.com/sj/pages/aboutus/overview. - Goldsmiths PLC is an old jeweller for the United Kingdom. Established since 1778 focusing on the market. There are 130 retail stores across the UK. http://www.goldsmiths.co.uk/. - F Hinds Ltd is a family business. With over 107 retail stores in the United Kingdom. http://www.fhinds.co.uk/. 2.4.4 The Department Store Department Store. As retailers with large product is designed Harrods; Selfridges; Marks & Spencer; Harvey Nichols; Liberty; House of Fraser; Debenhams also a super source for large, such as Tesco; Sainsbury's; ASDA, which has a section. for non-food items as part of ASDA initiated the allocation of space within the mall. To sell jewelry. Later it was acquired in 1999 by Walmart, the largest jewelry retailers in the U.S..

2.4.5 Retail sales by catalog and Internet. Has been steadily increasing in popularity, with an Argos store of general merchandise retailers. As well as gems and jewelry. Largest in the United Kingdom and Ireland. With over 700 stores and sell products through the catalogue (catalogue retailer) do not show the product page. Customers can order on-line or purchase at the store itself, have noted Argos Home Retail Group is a subsidiary of the giant retailer. UK http://www.homeretailgroup.com/. 2.5 Import. Britain is a net importer of jewelry made with precious metals, the latest in the first 11 months of the year 2553 the UK trade deficit in goods was included. Million U.S. dollars. 2.5.1 Imports from around the world. During the first 11 months of the year 2553 the UK imported gems and jewelry from around the world totaled 46,035.31 million U.S. dollars decreased by 0.26 from the same period the previous year by 60 percent of imports of gold by. diamond jewelry, precious metals, silver and platinum pieces made of precious metal or metal clad with precious metal, respectively, an increase in imports of all items except gold and silver.



For the import of precious metal jewelry. Categories with a maximum value of import of gold and platinum jewelry, representing 87.28 percent of total imports, jewelry, precious metal (jewelry with precious metal), followed by silver. Which accounted for 12.18 percent of imports and ornaments of base metal, respectively. 2.5.2 Imports from Thailand UK imported gems and jewelry from Thailand during the first 11 months of 2553 totaled 196.63 billion U.S. dollars, decreased by 4.16 from the same period the previous year by a percentage 77.57 of the imports is an ornament painted metal. values. The gold / platinum look. Money and jewelry with semi precious stones. And semi-precious stones that do not interweave. Which accounted for 12.67 percent of imports and Imitation jewelry such as increased imports of all items. The gold / platinum look. Likely to import jewelry from Thailand. In the last 10 years, imports of gold / platinum from the country increased steadily every year until 2006, the imports began to decline. The downward trend continued just four years, imported from Thailand decreased by 58.92 percent and now has to import close to silver. The import of silver is up and down. But the trend is quite stable. 2.5.3 Thailand's competitors in the UK market. Competitors in Thailand for the gold and platinum in the UK market is the United States, France, Switzerland, Hong Kong, India, Italy, UAE, China and the Netherlands respectively in the first 11 months of the year 2553 the UK imported gold jewelry and a raft. Platinum's rise from all countries except from Switzerland, Italy and Thailand, the import decline. For silver. Thai to dominate the market as a source by a succession of more than 10 years until 2009, however, the market share of Thailand's declining steadily over the current year, Thailand has a market share of silver in the United Kingdom is No. 2. behind Denmark. Market share of Thai and international competitors in the United Kingdom. Italy, which is Thailand's traditional rival in the UK market. I continued to lose market share as well as the market share of Denmark is very high up in a few years. It is a market. 3. Regulations. 3.1 The Hallmarking Act 1973 into law, which requires that the means testing and hallmarking of precious metal jewelry stamp on it. Consistent with the standards of purity (purity) as required by law. The entrepreneurs who sell precious metals. Without such a seal. It is the fault of the test is done in the United Kingdom. The independent agency is the Assay Offices, which has offices in London, Birmingham; Sheffield and Edinburgh, the United Kingdom as a member Convention on the Control and Marking of Articles of Precious Metals (Hallmarking Convention) to the Convention Common Control Mark (CCM. ), which means that Jewelry that can be imported and sold in the CCM brand. United Kingdom without having to ask for UK hallmarking