More and more labs are utilizing synthetic intelligence and automatic grading to evaluate diamonds. Publicly taking a stand on social points would possibly alienate prospects who don’t share your views. Some jewellers stated they are now pushing studded jewelry the place the margins are as much as 3x greater than plain gold jewellery.
- The trade development is likely to remain flat within the fourth quarter of FY23 owing to inflationary issues, wedding purchases within the third quarter, and seasonal variation in demand.
- So extra weddings imply more new couples getting married and extra bridal jewellery gross sales down the street.