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Survey: 27% of Upscale U.S. Households Plan to Curtail Jewelry Purchases

October 14th, 2008 Posted in DRTV Retailer, Jewelry (fine), Research, Trends, Forecasts

A September study of well-to-do U.S. households conducted by American Express Publishing and the Harrison Group found that 27% intend to cut back on jewelry purchases by an average of 59% this year.  Only 4% of those polled plan to increase jewelry spending.  Jewelry Television thinks new high definition TV offerings, more generous payment terms and an increase in programming designed to appeal to a younger audience will help it weather the downturn.  Still, the company is not expencting to improve on last year’s sales of roughly $500 million. Israel Diamond Industry Portal Oct. 7, 2008

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This entry was posted on Tuesday, October 14th, 2008 at 6:39 pm and is filed under DRTV Retailer, Jewelry (fine), Research, Trends, Forecasts. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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