Wednesday, July 6, 2022
  • Laboratory Services
    • Diamond Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • Gemstone Testing
      • For Natural Gemstones
      • For Treated or Enhanced Gemstones
      • For Synthetic Gemstones
    • Jewelry Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • More Lab Services
      • Assurance by GSI
      • Laser Inscription
      • Light Analysis
      • Screening and Detection
        • Screening All Jewelry
        • The Importance of Transparency
  • GSI Grading Reports
    • Natural Diamond Grading Reports
    • Laboratory-Grown Diamond Grading Reports
    • Colored Stone Identification Reports
    • Jewelry Reports
  • Research
    • Research TBD
    • From the Lab TBD
    • Equipment Features TBD
  • Education
    • About Education
    • Courses
    • Videos
  • My GSI
    • Verify Your Report
    • Virtual Vault
    • Online Tracking
  • About GSI
    • The Four Pillars
    • Management Team
    • Affiliations
    • FAQ
  • GSI News
    • Press Releases
    • Latest Press
    • Latest Social Media
  • Laboratory Services
    • Diamond Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • Gemstone Testing
      • For Natural Gemstones
      • For Treated or Enhanced Gemstones
      • For Synthetic Gemstones
    • Jewelry Grading
      • For Natural Diamonds and Gemstones
      • For Laboratory-Grown Diamonds and Gemstones
    • More Lab Services
      • Assurance by GSI
      • Laser Inscription
      • Light Analysis
      • Screening and Detection
        • Screening All Jewelry
        • The Importance of Transparency
  • GSI Grading Reports
    • Natural Diamond Grading Reports
    • Laboratory-Grown Diamond Grading Reports
    • Colored Stone Identification Reports
    • Jewelry Reports
  • Research
    • Research TBD
    • From the Lab TBD
    • Equipment Features TBD
  • Education
    • About Education
    • Courses
    • Videos
  • My GSI
    • Verify Your Report
    • Virtual Vault
    • Online Tracking
  • About GSI
    • The Four Pillars
    • Management Team
    • Affiliations
    • FAQ
  • GSI News
    • Press Releases
    • Latest Press
    • Latest Social Media
No Result
View All Result

2021 Shaping Up as Best Year In Decade For Many Jewelers

Jewelry Industry Admin by Jewelry Industry Admin
October 8, 2021
in Jewelry News
0

RELATED POST

These Are The Top Jewelry Brands of 2021, According To The Big Survey

GN’s Partnership for Lab Grown Diamonds Now Available


THE MAJORITY OF jewelers anticipate their “best ever” or “better than average” sales for 2021, according to the 2021 Big Survey results.

The annual survey found that some 40 percent of jewelry stores expected 2021 to be a once-in-a-decade year for sales, while a further 40 percent expected it to be better than the previous 10-year average.

Just 6 percent predicted that 2021 would be “worse than average.”

“Jewelry has been a major benefactor of this pandemic in that people weren’t able to spend luxury dollars on other things such as travel,” one jewelry store owner told the survey.

Other sector players said that uncertainty and pandemic lockdowns had unleashed bottom-line cuts and creativity that fed into a profitable 2021 retail recovery.

“There’s always room to cut the fat and become a leaner and meaner machine,” said a Big Survey respondent.

Advertisement

“We were surprised that things didn’t shut down for us but rather increased … [because] we immediately reacted by going online and generating orders,” said another respondent.

The 2021 Big Survey was carried out between August and September, attracting more than 600 anonymous responses from owners of independent jewelry stores across the United States and Canada. The full results will be published in the upcoming November issue of INSTORE.



2021 Shaping Up as Best Year In Decade For Many Jewelers originally appeared via instoremag.com

Related Posts

Jewelers Reveal the Strangest Questions They’ve Been Asked by Customers
Jewelry News

These Are The Top Jewelry Brands of 2021, According To The Big Survey

October 28, 2021
GN’s Partnership for Lab Grown Diamonds Now Available
Jewelry News

GN’s Partnership for Lab Grown Diamonds Now Available

October 28, 2021
Angelina Jolie Raises Eyebrows with Custom Face Jewelry: Judge the Jewels
Jewelry News

Angelina Jolie Raises Eyebrows with Custom Face Jewelry: Judge the Jewels

October 28, 2021
GN Diamond Concurs with Mastercard SpendingPulse
Jewelry News

‘Cast’ Online Jewelry Brand Raises $12M to Pursue Self-Purchasing Women

October 27, 2021
‘Tis The Season for Jewelry Buying
Jewelry News

‘Tis The Season for Jewelry Buying

October 27, 2021
The Family Dynamics in an Independent Jewelry Store Begin to Spiral out of Control
Jewelry News

The Family Dynamics in an Independent Jewelry Store Begin to Spiral out of Control

October 27, 2021
Next Post
Valentine’s Day Pendants – Romantic Necklace Designs Inspired by the Heart

Valentine's Day Pendants - Romantic Necklace Designs Inspired by the Heart

USA | India | Israel | Belgium | Botswana | Dubai  | Hong Kong | Australia New Zealand | Canada | China  | Jordan Egypt | UK | Denmark | Saudi Arabia | Bahrain

HOME | ABOUT GSI | GSI SERVICES & REPORTS
GSI RESEARCH | MY GSI EDUCATION
GSI PRESS

Follow us

No Result
View All Result
  • Contact Us
  • About Us
  • Privacy & Policy
  • Terms and Conditions

© 2021 Copyright Rick Mulholland DEMO

No Result
View All Result
  • Home
  • About GSI
    • The Four Pillars
    • Management Team
    • Affiliations
  • GSI Services and Reports
    • Laboratory Services
    • GSI Grading Reports
  • GSI Research
  • My GSI
    • Verify Your Report
    • Trade Client Portal
    • Virtual Vault
  • Education
    • Courses
    • Videos
  • GSI Press
    • Latest GSI News (Press Releases)
    • About Jewelry and More

© 2021 Copyright Rick Mulholland DEMO