The month of May usually sees a seasonal rise in sales at US jewelry stores. Polished-diamond imports into the country also tend to spike, but perhaps for a different reason. What’s behind the data, and how will Mother’s Day fare in this period of uncertain consumer sentiment? Rapaport Senior Analyst Joshua Freedman reports.
Strong Gold Prices Dent Chow Tai Fook Revenue
Decline in sales narrowed over the second half of the fiscal year.
