[Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings] 5/06/2018 11:20:00 PM

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May 7, 2018, 2:20:28 AM5/7/18
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2012, sales in American jewelry stores jumped 11.8% on a year-on-year basis to $ 6.301 billion, Rapaport reports. This result was a record high monthly sales since December 2007, when the sales volume reached $ 6.5 billion. Taking into account the negative consumer price inflation (CPI) for jewelry - this index fell by 2.9 in December %, - it can be noted that the growth in sales indicates even an even stronger market.
Annual sales in jewelry stores in the US showed an increase of 5.7% compared to 2011 and amounted to $ 30.797 billion, which was a record high since 2007, when sales amounted to $ 30.82 billion.
Considering the fact that during this time many retailers left the jewelry business, exceeding the $ 30 billion mark for the first time in five years was an impressive achievement in the field of jewelry sales. In 2012, the consumer price index for jewelry remained high, but by the end of the year it showed a weakening, and the average price growth eventually amounted to only 1%.



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Posted By Blogger to Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings at 5/06/2018 11:20:00 PM

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May 7, 2018, 2:20:41 AM5/7/18
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Against the background of a sharp decline in demand in Asia, the export of Swiss watches in September for the first time in three years fell. Its volume decreased by 2.7% compared to the same period last year and amounted to $ 1.9 billion. Such a sudden decline followed the steady growth in the last 30 months. However, this did not become a cause for particular concern, as demand is now growing due to the festive period at the end of the year. Some well-known watch brands have seriously reacted to the update of the assortment and added to their collections with new attractive models, issued especially before Christmas.
The said decline confirms the expected slowdown of economic growth and aims the industry in its general movement towards the planned figure for this year, which will far exceed the level achieved in 2011. The corresponding change in the first nine months of this year was + 13.6%.
In general, good forecasts for the Swiss watch market are supported by various studies conducted by industry experts. Among them - Jean-Claude Biver, President of Hublot, expecting a doubling of exports to CHF 40 billion ($ 43 billion) over the next 15 years.
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