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Thursday, March 26, 2009

Jewelry Market Update

US Jewellery Superstore sells at 40-80% discount
http://www.commodityonline.com/goldnews/US-Jewellery-Superstore-sells-at-40-80-discount-2009-03-25-16319-3-1.html

The U.S. jewellery sector is contracting along with the economy, and national and regional chains alike are struggling to stay afloat. The good news for price-conscious consumers is that this trend is creating once-in-a-lifetime buying opportunities. The Henricks Jewelers sale is a perfect example.
- Gary Jorgensen

Useful link:
www.buxbaumgroup.com

We are seeing similar trend in Asia as well.

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