Is there a darkish cloud on the horizon for silver jewelry? Lately revealed information on provide and demand for the steel begs the query.
In response to the Interim Silver Market Overview, which gives a provisional forecast and is performed by the Thomson Reuters GFMS crew on behalf of The Silver Institute, demand for silver jewelry and silverware fell 10.9 per cent to 257.6 million ounces final 12 months.
The excellent news is that regardless of ongoing world pressures, the silver jewelry class is buoyant within the native market and gives loads of gross sales alternatives for retailers. The Might situation of Jeweller – out now – has the report.
The business has witnessed a relatively ironic flip of occasions lately, with know-how developments serving to jewellers to proceed the age-old commerce. Our newest situation appears on the function that casting and refining performs on this state of affairs.
Workers who make excuses to cover poor outcomes not solely set up a corrosive tradition of blame sharing but additionally inhibit companies from attaining success. Why is there an amazing compulsion in retail to excuse poor or ‘enough’ efficiency and what may be executed about it?
There’s a complete lot extra in Australia and New Zealand’s #1 jewelry business journal, together with loads of helpful recommendation that might assist to enhance gross sales and profitability. See beneath for extra particulars.
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