New report: jewelry industry bouncing back: although the last two years have been particularly tough on jewelry retailers, a new industry study indicates that there appears to be some light at the end of the tunnel. .(Industry Overview)(Cover Story)

JCK's High-Volume Jeweler, November, 2002 by Beres, Glen A.

Despite the sluggish economy and downturns in the stock market, consumer desire to buy jewelry remains strong--which could translate into a strong Christmas for volume jewelry retailers, according to a new industry report. "The Jewelry Report 2002: The Market, The Competitors, The Trends" details key facts about the jewelry industry on a comparative basis over the last few years.

The report was compiled by Unity Marketing, a Stevens, Pa.-based marketing consulting and research firm. Some of the key findings from the comprehensive study include: * Half of all U.S. households bought jewelry in the past year, with 39% buying fine jewelry and 31% buying costume jewelry. * High-income households spend more than two times the national average on fine...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.