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D I AMOND JEWE L L ERY
RETA I L
2013 SNAPSHOT
Diamond jewellery retail is a highly fragmented
sector with over 200,000 retail doors selling diamond
jewellery worldwide.
The past few years saw a marked contrast between
developed and emerging markets in the performance
of diamond jewellery retailers. In developed markets,
retailers have faced pressures from a weak economic
environment and strong competition from branded
luxury goods and experiential categories, as well
as the low-price models of ecommerce companies.
On the other hand, the growing middle classes and
increasing consumer appetite for diamonds have
allowed retailers in developing markets, together with
the less prevalent ecommerce models, to enjoy higher
margins and return on invested capital, although
these too have started to come under pressure.