{"id":33961,"date":"2025-11-10T10:39:41","date_gmt":"2025-11-10T05:09:41","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=33961"},"modified":"2025-11-10T10:39:41","modified_gmt":"2025-11-10T05:09:41","slug":"us-jewellery-sales-surge-as-holiday-season-approaches-tenoris","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/us-jewellery-sales-surge-as-holiday-season-approaches-tenoris\/","title":{"rendered":"US Jewellery Sales Surge as Holiday Season Approaches: Tenoris"},"content":{"rendered":"

US specialty jewellery retailers reported a strong October, with finished jewellery sales climbing by 11.6% year-on-year, driven by higher average prices as consumers opened their wallets ahead of the festive season, according to a report<\/a> by market-analytics firm Tenoris LLC, led by industry analyst Edahn Golan.<\/p>\n

Revenue from finished jewellery rose by 14%, bolstered by strong demand for fashion necklaces\u2014most of which (92%) contained natural diamonds\u2014and finished engagement rings. Notably, revenue in the fashion necklace category jumped 34.5% while average spend per item surged by 39 %, even as unit sales declined.<\/p>\n

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Source: \u00a9 Tenoris \u2022 Based on retail sales by 2,500 US jewellery stores<\/figcaption><\/figure>\n

Diamond-set jewellery also performed well: revenues rose 9% and average spend per item increased by more than 15% year-on-year.<\/p>\n

However, the story for loose natural diamonds is less upbeat. Revenues declined 0.5% year-on-year in October, with unit sales falling by more than 10%.<\/p>\n

Cost pressures are mounting: finished-jewellery costs rose 17% in October, while costs for diamond jewellery increased by over 25% year-on-year, partly due to tariffs and rising gold prices. The 50% tariff on Indian-origin jewellery imported into the US is being absorbed partially by the supply chain for now, but Tenoris warns consumer prices may rise further.<\/p>\n

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Source: \u00a9 Tenoris \u2022 Based on retail sales by 2,500 US jewellery stores<\/figcaption><\/figure>\n

With demand for finished pieces robust and holiday shopping underway, the outlook remains positive, yet the divergence between finished jewellery and loose diamonds signals shifting consumer preferences and pressures in the supply chain.<\/p>\n","protected":false},"excerpt":{"rendered":"

US specialty jewellery retailers reported a strong October, with finished jewellery sales climbing by 11.6% year-on-year, driven by higher average prices as consumers opened their wallets ahead of the festive season, according to a report by market-analytics firm Tenoris LLC, led by industry analyst Edahn Golan. Revenue from finished jewellery rose by 14%, bolstered by…<\/p>\n","protected":false},"author":1,"featured_media":33962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-33961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\nUS Jewellery Sales Surge as Holiday Season Approaches: Tenoris - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/us-jewellery-sales-surge-as-holiday-season-approaches-tenoris\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Jewellery Sales Surge as Holiday Season Approaches: Tenoris - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"US specialty jewellery retailers reported a strong October, with finished jewellery sales climbing by 11.6% year-on-year, driven by higher average prices as consumers opened their wallets ahead of the festive season, according to a report by market-analytics firm Tenoris LLC, led by industry analyst Edahn Golan. 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