Gems And Jewelry News: Gems And Jewellery Latest Information, Gems And Jewelry Right Now News, Gems And Jewelry Breaking News
After a robust Q1 pushed by upbeat sales ahead of the Chinese New Year’s vacation, full-scale lockdowns in key cities slowed Q2 demand down considerably. And Q3 staged a sizable q-o-q recovery as local financial progress rebounded and COVID-related restrictions eased. Investment motives constitute another key driver of Q3’s jewelry demand strength as shoppers seek value preservation in gold merchandise amid COVID-related uncertainties and the rapidly depreciating local currency. Read the newest jewelry news and insights from Retail Jeweller, spanning the jewelry retail trade, designer brands, jewelry suppliers and wholesalers, and the retail business information that’s shaping the dialog in the UK jewelry market.
- These new dynamics created – or accelerated – a quantity of trends that will proceed to have an effect on the Australian retail panorama within the months and years to come back, altering client behaviour in addition to the practicalities and logistics of retail gross sales.