Specialty Jewelers Rebound from Covid Disaster

(IDEX Online) - Specialty jewelers' sales in the US have rebounded dramatically after the Covid-19 disaster of March, April and May, according to IDEX Research estimates.  The turn-around came in early summer as those retail merchants were able to re-open their stores.  Specialty jewelers' sales finally showed positive year-to-year comparisons in both August and September. Specialty jewelers - which generate about 42 per cent of total fine jewelry and watch sales in the U.S. market - are those retail merchants with stores in which jewelry is the vast majority of merchandise sold.  

Because there has been no Commerce Department data related to specialty jewelers' sales since January due to the pandemic and store closures, IDEX Online is now using its own database to provide best-guess stats on the state of specialty jewelers' sales trends. 

IDEX Research data is shown on the graph below, along with an analysis of trends.  Finally, we've included information about how we derived our data.  

IDEX Online subscribers please click here to read the full report