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The global health crisis has shaken the minds of consumers, who no longer consume in the same way. In times of crisis, when buying jewelry may seem to have been erased from people’s minds, the figures show us that consumers are far from having remained shy in their spending.
The global pandemic has been affecting companies since March and is increasingly forcing them to cut jobs. Unemployment is on the rise and is reducing the purchasing power of consumers who have to prioritize their bond purchases comprar cialis sense recepta.
As a result, the purchase of jewelry can be questioned in the minds of consumers where everyone must be careful with their spending moje společnost ed-italia.com. For some, jewelry has become an irrational and unnecessary purchase in a recessionary period such as we are currently experiencing.
However, the figures show us otherwise קישור בתוך הבלוג. While the quantity of jewelry purchases in a basket has decreased, the value of sales has nevertheless increased.
Many jewellers and retailers would have withstood the crisis perfectly compared to other retail sectors, with rather positive figures cheska-lekarna.com. The stock market shares of Pandora and Tiffany, for example, would have been on the right track, as would the Chinese global jewelry retailer Chow Tai Fook, which saw its shares rise compared to the figures for 2018. The New Zealand company Michael Hill International and the American chain Signet Jewelers also saw their figures rise, as did the share price of LVMH in France, which posted results comparable to those of November 2019.
What does this tell us about today’s consumers?
Today’s consumers aspire to experience that sense of beauty, invariability and meaning to them that they find in jewelry that stays put for years and is worn all the time brasil-libido.com.
This is currently reflected in the period we are going through when humans need to hold on to something that is theirs and safe, in which they can find themselves rankhaya.com. The jewelry industry has grown as a result of this, including the repair of jewelry from family heirlooms, their appraisal or renovation.
It is because of this significant need that retailers offering these unique and personalized services, especially those in the high-end jewelry industry, have been able to thrive during this difficult time when others have not.
The current trend is even more to follow this thought where the act of buying is more thoughtful and meaningful, through the desire to live memorable experiences and build solid relationships. These human desires serve positively to jewelers who can respond to them by renewing the life of personal objects or by offering quality jewelry that lasts over time, that consumers can buy for their own pleasure or have them offered to them and therefore respond to the sense of belonging they need.
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The global health crisis has shaken the minds of consumers, who no longer consume in the same way. In times of crisis, when buying jewelry may seem to have been erased from people’s minds, the figures show us that consumers are far from having remained shy in their spending.
The global pandemic has been affecting companies since March and is increasingly forcing them to cut jobs. Unemployment is on the rise and is reducing the purchasing power of consumers who have to prioritize their bond purchases.
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The global health crisis has shaken the minds of consumers, who no longer consume in the same way. In times of crisis, when buying jewelry may seem to have been erased from people’s minds, the figures show us that consumers are far from having remained shy in their spending.
The global pandemic has been affecting companies since March and is increasingly forcing them to cut jobs. Unemployment is on the rise and is reducing the purchasing power of consumers who have to prioritize their bond purchases.
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