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Silver Institute Releases Silver Jewelry Sales Survey Results
Mar. 20, 2012 01:55PM PST
Silver Investing
The Silver Institute’s Silver Promotion Service announced a summary of retail silver jewelry sales in 2011.
The Silver Institute’s Silver Promotion Service announced a summary of retail silver jewelry sales in 2011.
As quoted in the press release:
Key findings included the following:
- 77% of jewelry retailers said their silver jewelry sales increased in 2011 with 27% having an increase of over 25%;
- 53% of retailers rated silver jewelry as having provided the best maintained margin during the 2011 Holiday Season; and
- Silver jewelry represented, on average, 37% of retailer unit volume and 27% of dollar volume.