AMAZON .COM FINE JEWELRY MARKET SHARE

AMAZON .COM FINE JEWELRY MARKET SHARE

Top 5 North America’s largest Sellers of fine jewelry and watches, based on sales for the fiscal year 2019 By National Jeweler :

Signet Jewelers Ltd. - $5.56B

Walmart Inc. - $2.71B

Tiffany & Co.- $1.65B

Costco Wholesale Corp. - $1.62B

Amazon .com Inc. - $1.622B

Amazon .com fine jewelry and watches Revenue in :

2014 - $510 M

2017 - $1B

2018 - $1.34 B

2019 - $ 1.622 B

Top 3 Jewelry Brands :

Alex Woo

Ben-Amun

Boruo

Key take away from National Jeweler Article. Amazon .com is the only company with a considerable growth rate in 2019. During 2019 Amazon surpasses Richemont and Macy’s. By the end of 2020, I expect that Amazon sales will reach Costco, Tifanny, and get very close to Walmart, Covid significant factor. By the end of 2023, they should be on the top.

Source: National Jewelerhttps://lnkd.in/gtabEyQ