Retail Jewelry Industry in the U.S. 2013

2012 was a year of growth, innovation, and change for retail jewelers in America. Total revenues from fine jewelry and watch sales in the U.S. reached a record $71.3 billion in 2012, an increase of 5.9% over 2011 ($67.3 billion). Consumers are gradually becoming more comfortable with online shopping, and online jewelry sales are growing in tandem with other retail sectors. In 2012, wholesale fine jewelry prices rose at a rate of 2.5% year-over-year, in line with historical pricing trends, while retail prices fell by 1.2%, further diminishing margins for commercial retailers. Opportunities for brick-and-mortar jewelry retailers to enter the fragmented mid-range U.S. market remain significant.

Nathan Munn | Polygon.net