Industry Analysis & Industry Trends
The performance of watch and jewellery retailers has varied considerably over the past five years. Industry revenue grew solidly between 2007-08 and 2009-10, largely due the growing popularity of Pandora merchandise and growth in disposable incomes as a result of stimulus payments by the Federal Government. In fact, Pandora is regarded as the biggest thing to have happened to the industry by far. In contrast, industry revenue contracted in 2010-11 and 2011-12 due to the collapse of global financial markets and the resulting effect on the domestic economy and consumer sentiment. Other factors affecting the performance of watch and jewellery retailers over the past five years include interest rate variations and trends in the world price of gold... purchase to read more
Industry Report - Industry Locations Chapter
Population levels play a pivotal role in the location of watch and jewellery retailers across Australia. In general, retailers often chose to open stores in stores that support a higher population base so as to give consumers more choice when making a watch and jewellery purchase. A higher population base also broadens the pool of potential consumers for industry retailers to attract. As a result, New South Wales is expected to account for the majority of industry establishments in 2012-13. The dominance of locations across this state is supported by the fact that over one-third of Australians reside in this state. Victoria will rank second, followed by Queensland... purchase to read more