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And they will increasingly use the internet for research or involve gift recipients in the final purchase decision.
National Jeweler breaks down the results of the survey on diversity in the fine jewelry industry that it conducted in partnership with Jewelers of America.
But they have very little knowledge about the area, indicating the trade needs to have clear messaging about origin and benefit to the buyer.
It was a bright spot for the category, where overall retail sales were down 4 percent between Oct. 11-Dec. 24.
Sherry Smith breaks down gross sales, average retail sale and more for independent jewelers in the first 21 days of the month.
In this year unlike any other, newly engaged couples spent less but celebrated just as much.
Consumers will need additional fiscal stimulus from Congress, said National Retail Federation CEO Matthew Shay.
Ten retailers from across the United States discuss their bestsellers, keeping customers comfortable, and more in our second holiday sales roundup.
According to the survey, self-purchasers don’t wait for a special occasion to treat themselves.
National Jeweler

Fine Jewelry Industry News

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.