Jewelry Business And Security Risk | Linksparadise Article Directory

Designing jewelery a unique art and is different than other art related field. At present jewelry design shows a promising career prospects. Nowadays more and more of jewelry shopping is done online. Jeweler market-trends, staying with the jewelry market is hard since fashion is always changing. What?s hot today may be out of style within a month, or even sizzle before it catches wind. Celebrities frequently lay out what?s in and what?s out and out they say it?s out, often times it is. Before I go any further, I want to state that just because a design is hot, doesn?t mean you have to copy it. I have seen many artists copy other artist?s work and it won?t get you very far in the jewelry world. It?s just like stealing and originally is what counts here. If you use polymer clay, what can you do jazz up your style? If you use gemstones, what colors are hot and what stones can you use to make pieces that are color trendy? If you are use vintage beads. How can you make a piece of the past current? Use your imagination and bead away. Euro Monitor is company having the mold most comprehensive research on the jewelry category within the personal goods industry.

They monitor and analyze industry trends around the world, including in-depth data on market share and market size from the big picture qualitative analysis down to specific category data. Euro monitor data and market analysis cultivated your organization?s awareness of the jewelry market and the greater competitive environment, ensuring accurate and focused strategies for business, assisting in strategic development, marketing, mergers and acquisitions, and brand management. The global economic crisis had a negative impact on sales after several years of double-digit growth and the impact was worse for real jewelry. This sector of the personal goods market include products that most consumers do not regards as necessities, so spending on them declined during the economic crisis. Out of seventeen companies listed in the jewelry sector, the top five accounted for a combined market share of 16.4% while the other accounted for 76.2% demonstrating that retailing in this sector is highly fragmented.

Jewelry sector will experience growing security risk, which will particularly affect retailers offering real jewelry. During 2009 there were reported of armed robberies of jewelers located even in well guarded shopping malls. These events have brought increased security relates costs for jeweler sand a few have brought increase security related costs for jeweler sand a few have suffered losses that prevented them from opening their doors again. The commitment of many large companies to enhancing their lines of costume jewelry was one of the most important trends of 2009. All the major textile companies used the economic crises to establish presences in a market that had displayed significant growth during the review period. The economic crises accelerated this development and the decline in the costume jewelry market in 2009 was less marked than that seen in real jewelry as many consumers opt for costume jewelry when they cannot afford real jewelry.

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