Industry Report

U.S. Retail Jewelry Holiday Sales: 2016

The Christmas season was generally a positive one for jewelry stores in 2015, as many top retailers enjoyed increased same-store sales and growing net revenues. The picture was not as rosy for luxury and apparel retailers, some of whom a few enjoyed a positive Q3 while others, such as Macy’s, ended the year by laying off thousands of employees in the wake of weak holiday season sales.

Jewelry brands under the Signet umbrella fared particularly well, as mainstays Kay and Jared the Galleria posted strong growth over last year’s sales figures. Zale and Piercing Pagoda benefited from increased same-store sales, while Gordon’s year-on-year sales dropped considerably for the holiday season.

Nathan Munn | Polygon.net

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U.S. Retail Jewelry Holiday Sales: 2016

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