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New Report Expects U.S. Demand for Jewelry to Grow Despite Uncertainty Elsewhere

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Improved job market credited for last year’s increase in sales.

U.S. jewelry demand increased last year on the strength of sustained economic recovery and an improved job market, according to a new report from De Beers that’s cited by Rapaport. The article says that total U.S. jewelry sales jumped by 5 percent to $39 billion, though that wasn’t enough “to lift the global industry which contracted 2 percent because of sluggishness in emerging-market economies and the strength of the U.S. dollar.” De Beers expects U.S. demand to continue growing in 2016 amid an uncertain global economy.

Read more at Rapaport

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Trish Parks has always wanted to be in the jewelry business and that passion has fueled her success. The original Corinth Jewelers opened in the Mississippi town of the same name in 2007. This year, Parks moved her business from its original strip mall location to a 10,000-square foot standalone store. To make room for fresh, new merchandise, she asked Wilkerson to organize a moving sale. “What I remember most about the sale is the outpouring excitement and appreciation from our customers,” says Parks. Would she recommend Wilkerson to other jewelers? “I would recommend Wilkerson because they came in, did what they were supposed to and made us all comfortable. And we met our goals.”

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