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Jewelry Sales Increased Sharply in July, Survey Finds

VMS

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 They were up 54.2 percent versus July 2019.

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Pandora Joins Retail Roster at 112 W. 34th St.

VMS

Global jewelry brand Pandora (Copenhagen, Denmark) has signed a lease to open a store at 112 W. “The retail brands at 112 W 34th St. are some of our best-performing stores based on store foot traffic and retail sales,” said Fred C. . “The retail brands at 112 W 34th St. New York) announced.

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Luxury Retailers Eye Smaller Cities

VMS

In 2021, retail sales there ranked third in China, and as many as 169 global brands arrived in the city, says the local commerce commission. These included South Korean eyewear brand Gentle Monster, French jewelry brand Van Cleef & Arpels and Paris-based leather goods purveyor Louis Vuitton.

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Analysis: Southeast Asia retail remains on the rollercoaster

Inside Retail

Meanwhile, in Vietnam, retail sales were down a calamitous 33.7 The definition of retail sales in Vietnam includes both accommodation and food and beverage, which experienced sales declines of 66.9 per cent drop in retail sales in July. Retail sales in the country were down 8.1

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Benefits of Glass Display Cases

Jahabow

Pay close attention to how they can enhance sales and boost average purchase prices. For industries that depend on staying ahead of the trend curves — like jewelry stores — glass cases can offer a sophisticated merchandising platform that doesn’t detract from the quality of your goods. Glass Displays are Stylish.

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Japan’s department stores: What’s left when the tourism tide goes out?

Inside Retail

The weak yen that is helping bring the tourists is also driving an increase in their average spending: they are buying up big-ticket items at department stores, particularly jewelry, watches and designer bags. So duty-free sales numbers at the big flagships in major tourist destinations are strong.

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Is Your Store Prepared for the Upcoming Holiday Season?

Parcel Pending

The payments company also predicts: 46% growth in clothing sales from November 1 through December 24, 2021, compared with the same time frame in 2020. 59% growth in jewelry sales. 93% growth in all other luxury purchases (excluding jewelry). Keeping Shoppers Happy – The Retailer’s Mantra for 2021 and Beyond.

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