Why sales of fine jewellery during Covid defied expectations
Inside Retail
MAY 12, 2021
In the US, jewellery sales saw a 106 per cent increase year on year in March which reflects the impact of stimulus payments and the reopening of the economy, according to Mastercard’s SpendingPulse report. Where fast fashion has been such a ‘go-to’ for ‘treat yourself’ spending, the longevity of such pieces weighs on spenders today.
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