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US JEWELLERY AND WATCH SALES CONTINUE TO RISE IN NOVEMBER 2019

Sales of fine jewellery and fine watches rose 3% year-on-year
US luxury jewelry shoppers
Credit: Syda Productions / shutterstock.com

According to a recent analysis by IDEX Online, sales of fine jewellery and fine watches rose 3% year-on-year in November 2019 – the fifth consecutive month of positive sales.

 

tiffany jewelry store tokyo
Credit: Iris Hortman

 

As for the subsequent months, IDEX Online remarks that while many jewellers are yet to release their holiday results, the growth as evidenced by Signet Jewelers’ sales during the holiday season (up 1.6%), coupled with holiday spending in general (growth of 4.1% year-on-year to $730.2 billion) – mark a definite positive trend.

 

zales jewelry signet jewelers
Credit: Andriy Blokhin / shutterstock.com

 

In an earlier report, IDEX Online indicated that consumers “put jewellery front and center this year”; this, according to a Mastercard SpendingPulse report which shows that jewellery sales have increased 1.8% over the holiday shopping period.



Tags: Diamonds News, Jewelry News, Diamond Jewelry News

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