Experts Predict a Happy (and Prosperous) Holiday
Consumers have money to spend, and they're ready to shop. Good news for jewelers, right?
We asked the experts what this means for the holiday season…and beyond.
Retail analysts and experts agree: Holiday 2021 may be among the best the fine jewelry industry has ever had in terms of in-store traffic, sales, and revenue.
Yet there is some trepidation—not only about how the larger industry landscape, economic slowdowns, and labor shortages will impact November and December, but also how these factors are likely to affect jewelers into 2022 and beyond.
To offset global issues such as supply chain disruptions, inflation, and geopolitical risks including the coronavirus, analysts advise jewelry retailers to ramp up client relationships, bolster their storytelling online and on social media, and ensure they have a strong supply of must-have items in stock when customers are ready to