Industry Analysis & Industry Trends
The Watch and Jewellery Retailing industry is expected to post annualised revenue growth of 2.2% over the five years through 2013-14. Despite the steady rise in revenue, industry performance has varied considerably over the past five years. Industry revenue grew solidly in 2008-09 and 2009-10, largely due the growing popularity of Pandora merchandise and growth in discretionary incomes. In fact, Pandora is regarded as one of the biggest things to happen to the industry in recent years. In contrast, industry revenue contracted in 2010-11 and 2011-12 due to the collapse of global financial markets and a drop in consumer sentiment. Industry trading conditions improved in 2012-13, leading to a recovery in revenue levels... purchase to read more
Industry Report - Industry Products Chapter
The product market for goods retailed by the industry may be broadly segmented into diamonds and precious jewellery, gold jewellery, silver jewellery, watches, and services and other items. The relative share of each product segment has been affected by the following factors: the price of gold, consumers' individual budgets, the level of discretionary income available for the purchase of fine watches and jewellery items, and the individual needs and preferences of consumers.
Diamonds and precious jewellery
Diamond and precious jewellery is expected to be the largest product segment for the industry in 2013-14, accounting for an estimated 30.0% of revenue... purchase to read more