RAPAPORT… Matt Stuller, founder and chairman of jewelry manufacturer Stuller, is upbeat about the market ahead of the holiday season despite the cautious economic environment. Full-year jewelry sales across the US retail sector should be just about in line with 2021, “which would be great considering how strong last year was,” Stuller said on the Rapaport Diamond Podcast.
In a conversation with Rapaport’s Avi Krawitz, Stuller discusses how he got into the jewelry industry, the jewelry wholesaler’s growth, how it has navigated the Covid-19 crisis, the state of the jewelry market — including its challenges — and his expectations for the holiday season.
Listen to the podcast here:
Podcast: Stuller Optimistic for US Holiday Season
The Bottom Line
- Stuller expects full-year US jewelry sales to match 2021 levels, which were notably strong.
- The company has successfully navigated challenges posed by the Covid-19 pandemic.
- Stuller remains positive about holiday season demand amid a cautious economic environment.
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