Last month, Jewelers Board of Trade President, Erich Jacobs, joined Michelle Orman to discuss fine jewelry industry predictions and provide comprehensive insights into market trends. While the industry is certainly moving forward, it is still feeling some pivotal shifts from COVID-19 that have far-reaching implications.
Watch the webinar for more insights on:
- The industry’s financial strength, supply chain health, and overall credit rating scores following the last two tumultuous years
- How COVID-19 may have fundamentally changed the peaks and valleys of when dollars flow through the credit system
- The job market, wage growth, and overall jewelry industry employment levels
- How the end of stimulus payments and growing interest rates are impacting consumers’ disposable income for - and interest in - non-essential items like jewelry.
- Lab-grown adoption and sector predictions
- How the Silicon Valley Bank (SVB) failure impacted our world
- and more!
The key takeaway? “Buying is becoming increasingly more strategic and mindful,” Jacobs says, “with [more] planning …as opposed to making emotional purchases.” Learn more by getting the full webinar for free on JBT’s website.