07/04/2022
• Samuel Ord
The first quarter of 2022 is in the books and heading through April, the latest Retail Edge report indicates that it continues to be a positive year from a market perspective, particularly when it comes to inventory average sale figures.
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15/03/2022
• Richard Chiu
The Australian Jewellery Fair ran over the weekend and has been declared a success. The boutique-style event, which was sold out four weeks before opening, was promoted as “Kick Start 2022”.
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01/03/2022
• Richard Chiu
Jewellery sales continue to gain good traction based on the latest Retail Edge report for 1 to 28 February, credited to a strong consumer buying attitude even after the Christmas and New Year sales season.
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02/02/2022
• Richard Chiu
After a strong December 2021 performance, there was a sight decline in jewellery sales in January revealing a new pattern of consumer behaviour leaning towards value and suitability rather than cost.
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25/01/2022
• Jeweller Research
While the harbingers of doom like to paint a dire picture of the future of retailing - aided by closed stores, empty shelves, lack of staff and economic instability – the wise note that, with great challenges come new opportunities. The pandemic may have simply catalysed a long-overdue ‘great retail reset’ which has helped savvy retailers rebirth.
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03/01/2022
• Richard Chiu
Jewellery sales in December maintained a steady uptrend based on previous forecasts as overall sales dollars saw an increase by 1.8 per cent compared with the same period in 2020 despite a decline in diamond jewellery sales, according to Retail Edge Consultant’s month-end report.
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30/12/2021
• Richard Chiu
Nationwide Jewellers has announced it has streamlined its Retail Jewellery Business Management Course to allow more members to take advantage of the free training program.
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18/12/2021
• Richard Chiu
Jewellery sales have maintained an upward trend for the first half of December highlighted by an increase in sales dollars compared with the same period last year, according to Retail Edge Consultants' mid-month market report.
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01/12/2021
• Richard Chiu
Jewellery sales continue to show a strong rebound based on the latest Retail Edge report for 1 to 30 November, with hopes of a ‘stellar’ December trading due to increasing consumer demand.
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26/11/2021
• Jeweller Research
Consumers see the price of gold reported on a daily basis, and in recent times that price has been rising. Does this negatively impact sales of gold jewellery, or is there a counter-intuitive occurrence; gold jewellery sales increase when the gold price increases?
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19/11/2021
• David Brown
Jewellers know they have to invest in stock, shop fit-outs, advertising and promotion however, DAVID BROWN says investing in staff training is often overlooked.
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15/11/2021
• David Brown
Fatigue, exhaustion, burnout – whatever the term used to describe it, this weariness can have severe consequences for business owners, writes DAVID BROWN.
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04/11/2021
• Richard Chiu
Nationwide Jewellers has launched its Merchandise Performance report that can provide members with access to vital sales and product data to help independent retailers achieve better sales and improve stock turnover rates.
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03/11/2021
• Richard Chiu
Despite limited jewellery trading caused by COVID-19 lockdowns in October, the industry saw a strong “rebound” effect fuelled by continued consumer demand and which drive positive sales performance through the holidays.
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04/10/2021
• Arabella Roden • Former editor
Extended lockdowns in NSW and Victoria have taken a heavy toll on jewellery sales during September, according to data compiled by Retail Edge Consultants from more stores across Australia.
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