Retail sales for watches and jewelry in the United States showed little movement in March, edging up by just 0.4%, according to newly released data from the U.S. Department of Commerce. The modest growth reflects a continued trend of subdued momentum in the luxury accessories market. Jewelry outperformed watches in March, with a slight uptick […]

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Richemont, the Swiss luxury giant, celebrated a strong close to the year with a 14% surge in jewelry sales across its flagship maisons, including Cartier, Van Cleef & Arpels, Vhernier, and Buccellati. The group credited the festive season and the enduring appeal of its iconic designs for the robust performance, which contributed to its highest-ever […]

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The growth in watch and jewelry sales in the US slowed again in May, for the third consecutive month, according to the latest year-on-year estimates by the US Department of Commerce. Sales are still increasing – generally among multi-line retailers rather than specialty jewelers – but the rate of increase is less. Sales were marginally […]

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After eight months of consecutive decline, US watch and jewelry sales came within a whisker of positive growth in October. Year-on-year change for the month was -0.7 per cent, according to the latest Department of Commerce figures. That’s the most encouraging performance since an increase of 2.2 per cent in February. Every other month since […]

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The numbers are in the 2017 holidays were a banner season for the U.S. retail industry. Mastercard’s consumer analytics tool, SpendingPulse, found that holiday consumer spending was up 4.9 percent this year compared to the same period in 2016. This stat, which the company released Dec. 26, represents a new record for the largest year-over-year […]

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