(nytimes.com) - Conventional wisdom suggests that a pandemic would not bode well for jewelry sales. But for Mark Patterson, a fine jewelry designer with a retail store in this coastal Southern California enclave, 2020 has defied expectations at every turn. (And he’s not alone.) “Wholesale is down — we haven’t done any trunk shows — but our retail store has doubled sales from last year,” Mr. Patterson said in late October. “It’s crazy. We don’t know how to explain it.”
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Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...
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