Jewelry News, Products, Developments & Industry KnowledgeJewelery News
According to knowledge published in Business Weekly, people used their time in quarantine to gauge their life and their values and lots of of them at the moment are purchasing jewellery as a self-care measure to reward themselves for their time in quarantine. Others are shopping for jewellery for family members as a method to acknowledge the difficulties we’ve been through during the pandemic. Another cause why jewellery sales are seeing an increase is because people are buying as a way to escape the fact of what’s occurring on the planet. According to some reports, jewelry gross sales dropped by as a lot as 82 p.c during the initial stages of the coronavirus when individuals had been quarantined at home and retail shops were shuttered across the globe. According to Edahn Golan, jewellery sales in February of 2020 had been $2.65 billion, however had dropped to solely $470 million in …