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.
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
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
US Jewelry Market Experiences Declines in October
The US jewelry market experienced a decline in activity in October. Sales largely declined compared to September and year over year.