Connect with us

International News

US jewellery, watches sales up by 4.4 per cent year-on-year

Published

on

Sales of watches and jewelry in the US showed further signs of growth in December 2024, up 4.4 per cent year-on-year, according the latest figures from the US Department of Commerce. But there’s been a marked slowdown since the 10 per cent increases of last September and October.

November saw sales up by just 3.0 per cent, revised down from 5.8 per cent based on actual through-the-till transactions rather than estimates. October has been revised up from 9.7 per cent to 10.0 per cent.

The average monthly year-on-year growth for the full year is 5.4 per cent, so December was little below par. Having said that, it was the 15th consecutive month of growth after a long period (the end of 2022 and much of 2023) of falling sales.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

International News

Paraíba Necklace To Headline Bonhams Paris Auction

81.17-Carat Cushion-Cut Neon- Blue Paraíba Tourmaline, Set In An Openwork Diamond Mount.

Published

on

Bonhams will lead its October 29 Fine Jewellery sale in Paris with a Kat Florence necklace centered on an 81.17-carat cushion-cut neon-blue Paraíba tourmaline, set in an openwork diamond mount. The piece carries an upper estimate of EUR 80,000 ($89,469).

The sale will include more than 180 lots, with jewelry from Cartier, Chaumet, and Buccellati, plus colored gemstones including sapphires, rubies, and emeralds. Among the highlighted lots are a Chaumet 13.70-carat Sri Lankan sapphire ring, estimated at EUR 45,000–65,000, and a Cartier 11.50-carat Madagascar sapphire ring, estimated at EUR 40,000–60,000.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x