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The Month In Review: January January 28, 2020 (0 comments)
Merrick, NY—As both a new year and a new decade kick off, upscale jewelers had even more reason to celebrate: the 2019 holiday sales season was the strongest ever. The Centurion Holiday Sales Success Indexshowed more than 80% of respondents had sales increases over the holiday season, and the majority of those were up 10% or more. But underneath the good news ran a thread of worry: the majority of those sales came from older (55+) consumers, not Millennials, showing jewelers still have work to do to entice this important audience.
January also saw the return of major jewelry on the red carpet, another scathing exposéinvolving diamonds and fraud, and we bid a sad farewell to pearl patriarch Ray Mastoloni Sr. In case you missed any, here were January’s top news stories:
2019 Holiday Is Luxury Jewelers’ Strongest Ever, But Not Because Of Millennials
Editorial: The Top Trends That Will Change How You Do Business In The New Decade
20 Global Luxury Market Trends For 2020
Statement Jewels Are Back! The Top Trends And Brands At The Golden Globes
2019 Was A Great Year for Jewelry, But Now What?
In Memoriam: Raymond L. Mastoloni Sr., Pearl Industry Leader
Jewelers Security Alliance Honors Four; Announces Milestone Of No Jewelry Deaths In 2019
Another Explosive NY Times Article Impacts Industry
Diamonds Take Center Stage At SAG Awards
Holiday 2019: A Few More Key Sales Metrics From Better Jewelers