Jewelry Sales Decline in April, Lab-Grown Sales Growth Decelerates
Despite an impressive start of the year, jewelry sales are declining and lab-grown diamonds are experiencing a certain change in their growth trend.
Consumers Show Growing Appetite for Larger Lab-Grown Diamonds
Consumer purchases of lab-grown diamonds have shifted away from the traditional. They prefer larger lab-grown diamonds. Tenoris April 2023 Market Comments and market report.
December 2022 Jewelry Sales Down
December jewelry sales activity softened against an exceptionally strong 2021. With it, holiday season sales and annual sales were down as well. However, there were pockets of improved activity, especially in higher-priced items. In the 2022 holiday season, sales declined 10%, while average price per unit remained steady. Follow the link for a detailed run down.
Jewelry Sales Down 12% in November
As expected for the holiday season, US jewelry retailers experienced a rise in activity in November from October. Some are expressing concerns due to the economic outlook and the year-over-year decline in sales. However, consumer demand was still robust, and far ahead of sales in 2019. Jewelry Demand in November and Year to Date Total […]