RapNet


Rapaport News

 

Retail

 
Difusión Rapaport
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Búsqueda avanzada
Últimos artículos
Videos
Funciones
Noticias
Minas
Mercados en bruto
Mercados de pulidos
Fabricación
Minoristas

US Trade Continues to Downsize

900 jewelry businesses left the industry in 2019, while only 228 joined.
Jan 20, 2020 7:10 AM   By Rapaport News
Print Imprimir Facebook Facebook Twitter Twitter Compartir Share


RAPAPORT... The US jewelry industry contracted in 2019 as the number of businesses closing shop continued to exceed new entrants.

The sector shrank 3.3% to 24,565 companies active in the fourth quarter, compared with 25,400 a year earlier, according to data the Jewelers Board of Trade (JBT) released Thursday. While 900 businesses left the industry during the year, only 228 joined.

However, the decline has become gentler: Closures fell 11% compared with 2018, when 1,013 companies said goodbye, while the number of new industry members increased 2.7% to 228, from 222 the previous year.

The JBT’s figures cover US retailers, wholesalers and manufacturers that are on its records. Closures encompass voluntary decisions to shut down, as well as bankruptcy, receivership, and changes of ownership due to takeovers, mergers or other transactions.

Image: Jewelry in a store window. (Shutterstock)
Etiquetas: data, jbt, jewelers board of trade, Jewelry, manufacturers, Manufacturing, Rapaport News, retail, retailers, wholesale, wholesalers
Artículos similares
Comentarios: (0)  Add comment Agregar comentario
Organizar comentarios De último a primero



Llámenos: 1-702-893-9400
Member License Agreement   Reglamento y Código de Conducta de RapNet    Política de privacidad  
  
twitter twitter
Acerca de Rapaport
Anuncie con nosotros