Lily Arkwright Trading Update.


For immediate release: 24.06.20

Lily Arkwright Trading Update.

UK lab diamond and moissanite engagement ring retailer Lily Arkwright provides a trading update for the year to date.

MD Philip Dawson commented: “Trading has been very encouraging and in line with management expectations, we continue to grow market share within the UK and internationally. Lily Arkwright are well positioned to further accelerate growth in lab created jewellery, with new collections and improved e-commerce offerings planned throughout the remainder of 2020.

Coronavirus has undoubtedly touched almost every aspect of civilisation in recent months and we feel the real economic effects will ultimately lag the pandemic with a recession confirmed in the coming weeks and businesses feeling the aftermath of worldwide shutdowns and higher unemployment levels. This being the case, we are still tremendously upbeat about the remainder of the year and look forward to the future with confidence, buoyed by our fantastic collections, dedicated staff and loyal customer base.”

Lily Arkwright specialise in lab grown ethical and sustainable jewellery including moissanite, lab diamonds and coloured precious gemstones

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