Rapaport Intelligence Report: What the Industry’s CEOs Earn
Executive compensation in the diamond and jewelry sector tends to track the market’s health – but the global situation is complex.
Category: Retail
Record 202.9 million consumers made purchases during five days from Thanksgiving to Cyber Monday, reports NRF.
Revenue from jewelry, watches, clocks and valuable gifts up 10% year on year.
Consumers spent $14.25 billion, higher than Adobe’s projected $14.2 billion.
Revenue up 3.1% year on year in third fiscal quarter.
Thanksgiving Day spending also reached a new high, up 5% year on year.
Jeweler plans to open 50 stores in at least three new countries from 2026 to 2028.
Category, up 3% year on year, takes second place behind apparel, according to Mastercard.
Bespoke retailer Alexandra Beth Samit discusses consumers’ reactions to the rising cost of jewelry.
Consumers spend $79.7 billion in first 23 days of November.
Decrease softens as Hong Kong market improves.
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