Latest Jewelry Industry News And Trends
To that finish, fantastic jewelry retailers have demonstrated an adaptability and buoyancy over the previous decade that was not only surprising, however must be celebrated given the current times. In 2010 Zamels was Australia’s third-largest jewellery chain with one hundred retail shops; however, by June 2020, a whopping sixty three Zamels stores had closed. During the same interval The Jewellery Group additionally closed two single store ‘brands’, Vivien’s and Budgens. The reply doubtless lies in more strenuous competition from online incumbents and new entrants, on circumstance that low-margin, high-volume fashion jewellery is more suited to web gross sales than higher-value,…Continue Reading