Billionaire retailer Brett Blundy, who dominates fast-fashion jewellery with his ASX-listed Lovisa chain, is now aiming for the premium market with his new concept Jewells.

The upmarket UK-based Jewells is on track to open seven stores by the end of this month. This appears to be just the initial step in a plan for significant global expansion. Jewells had planned to open 15 stores but could not secure the new sites with UK landlords.

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