Jewellery Counterfeits: The Age-old Downside Simply Keeps Rising The New York Occasions
Compared to 2022, we are in a position to see that consumer preference is shifting to cheaper merchandise. The share of products with unit-total costs under RMB2,000 jumped from 18% in 2022 to this year’s 35%, while the contribution from costlier ones fell. The stock composition reflects the gross sales efficiency of those different gold jewelry merchandise proven in Chart 6. In general, sales of Heritage, Hard-Pure and mass-appeal gold jewelry merchandise outperformed different categories. While most retailers consider gold jewelry markets in their areas may have reached saturation, some – mainly from high-tier cities – see potential.
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