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https://www.nytimes.com/2009/07/07/business/07jewelry.html
Jul 07, 2009 · Not surprisingly, the more expensive the jewelry, the greater the sales declines in the last year. In Tiffany’s most recent reporting period, sales of jewelry above $50,000 were softest.Estimated Reading Time: 8 mins
http://www.idexonline.com/portal_FullNews.asp?id=33964
A year ago, in February 2009, jewelry and watch sales fell far less – down 2.5 percent – than total retail sales which were down 9.3 percent. Why? Love was in the air during February, and jewelry was the beneficiary, both last year and this year.
http://idexonline.com/portal_FullNews.asp?id=32077
Based on the January 2009 total jewelry sales annual run rate of $61.6 billion, it appears that U.S. jewelry sales in 2009 will be down only 6.3 percent from 2008’s revised jewelry sales of $65.8 billion. This is close to the broad range of our forecast of a total sales decline for the U.S. jewelry industry of 7 percent-to-12 percent for 2009.
https://money.cnn.com/galleries/2009/smallbusiness/0902/gallery.framingham.smb/index.html
Ashton says that his second-hand book and coffee sales have actually increased in the first months of 2009. But sales of handmade jewelry and artwork by local artisans have dropped significantly.
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