|
|
Article: "JEWELRY & WATCH REPORT, 2007" by Unity Marketing Inc. October 2007.
- Article from:
- M2 Presswire
- Article date:
- October 2, 2007
CopyrightCOPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
M2 PRESSWIRE-2 October 2007-MindBranch: "JEWELRY & WATCH REPORT, 2007" by Unity Marketing Inc. October 2007(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:02102007
A consumer insights study of the jewelry and watch market
In 2006 American consumers spent $62.2 billion buying jewelry and watches, posting a dramatic 6.5 percent increase over sales in 2005 of $58.4 billion. The luxury end of the jewelry market posted the strongest growth last year with fine watches rising 39 percent and fine jewelry up 10 percent. By contrast the fashion or costume segment in the jewelry market declined by 8 percent and sales of costume watches were off by 20 percent, ...