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Thanksgiving mood lifts jewellery sector > Gold News > World Gold Council Members

 

Thanksgiving mood lifts jewellery sector

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Tuesday, 30th November 2004 (6171 views)

The US Thanksgiving weekend brought in revenues of more than $22 billion, with luxury goods proving particularly popular, according to the latest research figures from the National Retail Federation (NRF).<BR/><BR/>The BIGresearch survey suggested that total sales for the holiday period went up 4.5 per cent in comparison to last year, with the day after Thanksgiving proving particularly profitable, as sales rose by more than ten per cent.<BR/><BR/>An estimated 16 per cent of shoppers splashed out on jewellery or precious metal accessories, with luxury goods generally performing well.<BR/><BR/>With gold jewellery continuing to be in demand in the US, the Thanksgiving bonanza could be good news for the industry.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7199447"/>

 

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