US watch and jewelry sales back in black in April

By Ya'akov Almor / July 04, 2019 / www.idexonline.com / Article Link

Watch and jewelry sales were finally back in the black in April, but overall, market growth in the US retail jewelry sector remained subdued, compared to the sales results of the same month in 2018. Year-over-year, total jewelry and watch sales grew 1.5 percent in April. Please note that the US government publishes sales data of jewelry two months "after the fact." Interesting enough, while total US retail sales dipped an unexpected 0.2 percent in April, watches and jewelry sales fulfilled their promise and began clawing out of the long decline in sales.nd jewelry sales were finally back in the black in April, but overall, market growth in the US retail jewelry sector remained subdued, compared to the sales results of the same month in 2018. Year-over-year, total jewelry and watch sales grew 1.5 percent in April. Please note that the US government publishes sales data of jewelry two months "after the fact." Interesting enough, while total US retail sales dipped an unexpected 0.2 percent in April, watches and jewelry sales fulfilled their promise and began clawing out of the long decline in sales.

The full report on the US jewelry market will be published in the July issue of IDEX Magazine, that will appear early next week.   

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