A crucial change to GIA grading reports could restore confidence among the trade and consumers.
Category: Retail
Spending up 1.2% from November and 3.5% year on year.
Jeweler cites weak consumer sentiment, particularly during holiday season.
Revenue from jewelry up 41% year on year in third fiscal quarter.
Revenue up 7% year on year to $257.8 billion, Adobe Analytics reports.
Michigan-based retailer Randy Cole explains the demographics.
Revenue from jewelry, watches, clocks and valuable gifts up 3.6% year on year.
Sales from category up 1.6% year on year, data provider says.
Deal starts with 20% investment and leads to full ownership by 2032.
Figure down 2.5% from 2024 holiday season so far, but projections show post-Christmas surge.
NRF foresees 158.9 million US consumers buying gifts the final weekend before Christmas.