News

US online jewellery sales dips by 22%

Overall online sales surpass expectations

diamond world news service

Online sales in the US have shown unexpected rise in the period December 1, 2008 to December 5, 2008. The economic slowdown was expected to eat into the online sales’ pie, instead it has shown a 22 percent in increase during the period, backed by strong promotions and heavy discounts.

Although in comparison to the 2007 sales, jewellery and watches sales declined by 22 percent. An industry website notes that sales between the said period amounted to $3.74 billion, a hike by 9 percent, as compared to last year. Sales in November, as reported by the website were slow and amounted to the sales between November to December 5 being unchanged at $14.92 billion.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Building the Heritage Infrastructure Natural Diamonds Have Never Had

De Beers Report Signals Evolving US Diamond Demand and Strong Natural Diamond Position

Heritage Auctions Debuts Fine Jewellery and Timepieces Sale in Hong Kong

Van Cleef & Arpels Unveils Fascinating Egypt High Jewellery Collection

ALROSA Approves Natural Diamond Promotion Program Through 2030