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.
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 […]
The US jewelry market experienced a decline in activity in October. Sales largely declined compared to September and year over year.
Jewelry retail sales by specialty jewelers declined 6.9% in September. Beating the trend were items priced $5,000 and up, as well as LGD-set jewelry. Natural diamond year to date sales declined 3.1%. (New York, October 14, 2022) September exhibited weaker consumer demand for diamonds and jewelry in the American consumer market. Thanks to the impressive […]