Jul 9, 2023 | Business Appraisal, Business Valuation, Jewelry Store
The jewelry industry has struggled to increase revenue and profit levels over the past several years. This is a result of various factors including extreme competition and rising gold and silver prices. Moving forward, we can expect these conditions to improve....
Mar 9, 2023 | Business Appraisal, Jewelry Store, Value Drivers
In recent years, the jewelry store industry has suffered from intense external competition. This has led to small jewelry stores ceasing operations or merging with others. Additionally, marriage rates are declining and the price of gold is increasing. Both of these...
Aug 5, 2022 | Business Appraisal, Business Valuation, Jewelry Store
While jewelry stores initially took a hit at the start of the pandemic, that soon changed. Because people were not spending money on travel, they started spending money on jewelry. This increased the demand for jewelry at rapid rates. With the jewelry industry being...
Jul 10, 2022 | Jewelry Store, Valuation Multiples
The jewelry store industry includes businesses that sell new jewelry, new sterling and plated silverware, and new watches and clocks. These businesses in addition to selling new jewelry may also provide engraving or repair services. In the United States, there are...
