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According to Fitch Ratings and the Harvard Business Review, a combination of online and in-store sales will make all the difference in the year ahead.
In its latest market brief, Synchrony Financial predicted that technology and convenience will drive the segment this year.
Of those who plan to spend them, the greatest percentage will put that money toward everyday expenses.
According to The Knot, the average spend is now above $6,000 while The Wedding Report says it’s closer to $3,400.
The U.S. is among the most romantic, as it topped the list for online jewelry searches, Karus Chains found.
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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.