Better February Sales, say US Jewelers

By John Jeffay / April 16, 2023 / www.idexonline.com / Article Link

(IDEX Online) - Seven out of 10 US jewelers reported sales in February were the same or better than the same month last year. That's according to a sample of 177 retailers who were asked to assess sales for the month by the Instore magazine. Fourteen per cent said they'd enjoyed an increase of more than a quarter.Another 28 per cent said they'd seen some increase, and 27 per cent reported no change. Twenty-three per cent said sales were down, and another eight per cent said sales were down by 25 per cent or more.Custom-designed pieces and lab-grown diamonds continue to be popular, said the report.Brand most mentioned as selling were Shy Creation, Gabriel & Co. and Stuller."Custom is crazy so far this year," said one jeweler. "We're seeing a ton of people come in with inherited pieces, wanting to rework them into new designs."Another said: "Bridal was strong. We started a clearance case for the first time in both stores and it did very well."Pic courtesy Shy Creations

Recent News

Most major producers and TSXV gold have major gains

November 09, 2026 / www.canadianminingreport.com

Gold stocks rebound as metal price jumps

November 09, 2026 / www.canadianminingreport.com

Big Gold Q3/26 strong results continue

November 02, 2026 / www.canadianminingreport.com

Gold stocks decline as major sector rotation continues

November 02, 2026 / www.canadianminingreport.com

Gold stocks slump in global sector rotation

October 26, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok