Gold price hits record high at Rs 71,080 per 10 gm, impacting jewellery sales before Hindu festivals. Silver also peaks. Sector braces for tepid demand amidst geopolitical tensions and interest rate cut prospects.
Australian fashion jewellery chain Lovisa has published another impressive sales report, documenting a significant increase amid international expansion.
Retail Edge has published its latest analysis of independent jewellery stores in Australia for January, detailing another modest decline in sales performance.