Pandemic Positively Impacted Jewelry Sales: Survey

By Rapaport News / July 13, 2021 / www.diamonds.net / Article Link

RAPAPORT... Nearly one-third of consumers increased their spending on jewelry during the pandemic, according to a survey by The Plumb Club.Much of that was due to participation in remote meetings, The Plumb Club said Monday. Some 41% of respondents stated they were more tempted to wear jewelry that was easily visible during online gatherings, and 23% indicated they were wearing jewelry more frequently.Over half browsed for or bought more jewelry online than they would have done in normal circumstances - a consequence of being at home, the organization said. However, there was a discrepancy between what consumers reported they wore versus what they bought. Rings were the most popular pieces for people to wear at home, but 62% said they were most likely to buy necklaces and earrings when shopping online.The Plumb Club surveyed 1,049 US-based participants aged between 25 and 60 with a college education or higher and a combined household income of at least $75,000. All claimed they had purchased jewelry in the past year or were intending to do so in the upcoming year, the group added.Image: A jewelry store display. (Shutterstock)

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok