The Jewelry Future Looks Bright
The jewelry industry in 2016 saw back-to-back gains as consumer confidence rose. So, how does 2017 and the future look? Well, it’s good news! The overall sentiment is that the industry will continue to expand – but at a moderate pace. NRF President and CEO Matthew Shay said in a recent press release “All of the fundamentals are in a good place, giving strength to consumers and lending us to believe that this will be a very positive year.” If this is true, it will be a welcome development for the retail sector that has shown some downturn as “brick and mortar” stores continue to close.
Jewelry sales have grown in 2017 with sales up by 1.2%. This could best be contributed to the recent launch of diamond marketing campaigns that are targeted at Millennial’s. This campaign focuses on redefining the symbol of diamonds.
We are excited to see that the future is bright for the industry. Core Scientific is committed to providing state-of-the-art, precise refining of precious and platinum group metals to the jewelry industry. As the #1 leading refinery and JBT member, we work closely with jewelers – across the nation – refining their jewelry scrap, bench sweeps, grindings, shavings, and polishing dust, carpet – you name it.
To request a FREE collection container and get started refining your precious metal jewelry scrap, please fill out the form here: https://core-scientific.com/requestcollectioncontainer/