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Uae: Gold Jewellery Prices Hit 3-week-high; Why Are Consumers Nonetheless Buying? News

LVMH, the world’s main luxury items conglomerate, has reported revenue development of 5% to €7.9 billion in its Watches & Jewellery… Every retail vacation season for the rationale that pandemic has been distinctive, and that would be the case once more this yr, National Retail Federation… The global jewellery industry convened in Istanbul for the 54th version of the Istanbul Jewelry Show, the place the truthful, showcasing exquisite… Istanbul Jewelry Show, organized by Informa Markets with the sponsorship of Elmas Kule, gathered the world’s jewellery trade for the…

With costs beginning within the $25-$35 range, it places Pandora within the reach of most consumers’ wallets and its expansive range of appeal designs assures there’s something within the collection for everybody. This is its omnichannel strategy, anchored by its almost 7,000 bodily retail touchpoints, together with 1,423 Pandora-owned concept shops and 5,348 other points of sale. Overall, Pandora direct-to-consumer retail accounts for 68% of sales – 42% in Pandora physical stores and 26% via its online shops.

Zarb suggested retailers to reassess advertising, whereas Davey stated it was very important for jewellers to focus on great customer support and making a ‘distinctive setting’ – a buying expertise that can’t be matched …