The three-year knowledge from January 2019 to October 2021 shows gold jewellery gross sales peaked in December 2020, just as Australian cities have been re-opening after lengthy lockdowns. It signifies that 13,300 gold jewellery models had been sold nationally in that month, with Australians spending near $4.5 million on gold jewellery in December 2020, which was the highest throughout the whole period. AI-driven digital try-on and augmented reality applied sciences have additionally emerged as powerful instruments for enhancing the buyer shopping expertise.
- Following a 12 months of unprecedented upheaval, Jeweller revisited the 4 jewellery business shopping for teams profiled in our March report back to explore how they have adapted and supported members all through COVID-19.
- When French luxury conglomerate Moët Hennessy Louis Vuitton acquired Tiffany & Co. in January, LVMH administration immediately signalled that huge changes had been afoot, whether or not clients liked them or not.
- Momentum was