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: