Posts Tagged ‘Jewelry’
How COVID-19 Has Impacted the Jewelry Industry & How Businesses Can Adapt
COVID-19 has had a significant impact on the jewelry industry. The pandemic has caused a sharp drop in demand for luxury goods, especially those from China. This has forced some businesses to close their doors temporarily or permanently. Jewelry is a $200B+ industry worldwide. In 2019, the global jewelry market was valued at $196.1B, according…
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