Program aims to educate young consumers about mined stones’ positive qualities.
Economic headwinds, Chinese caution and the threat of lab-grown are the trade’s current concerns. But the recurring difficulties that existed before Covid-19 have not gone away.
Revenue up 10% year on year in first half.
Revenue for jewelry up 27% year on year in September.
Same-store sales up 31% year on year in second quarter.
Revenue for category up 57% year on year in August.
Revenue from jewelry, watches, clocks and valuable gifts up 64% in June.
1ct. RAPI down 2.7% in July.
Weak consumer demand, lower average selling price, and rise in costs impact bottom line.
Shipments to municipality up 46% year on year in June.
Lifting of travel restrictions drove 11% sales growth in first half.