Jewelry Sales Down 8.6% in February 2023
The jewelry market softened year over year in February. Overall jewelry sales by US specialty jewelers fell 8.6%. The declines reflect gradual receding consumer demand for diamonds from the record highs of 2021-2022. Jewelry sales declined 13.7%. Loose natural diamond sales declined too, down 21.7% versus February 2022. On a month over month basis, total […]
Why Retail Trend Analytics Are Needed in the Jewelry Industry
In the fragmented jewelry retail sector, retail trend analytics did not exist. Until now, with the introduction of Tenoris.bi.