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Citing strength and resiliency within the nice jewellery market, Phillips reported an 89 per cent increase in gross sales at its Hong Kong Jewels Auction held earlier this month. Successfully selling engagement and bridal jewellery is important for Australia’s independent retailers. The home jewelry business is anticipated to experience slower growth in FY25, largely due to a pointy rise in gold costs, evolving economic situations, and potential price volatility. The Australian tradition of mateship and unity was strengthened in the course of the pandemic. Bird recognized this as an increase in orientation towards native businesses – consumers’ need to support their local community via native retailers. Hill emphasised the necessity to communicate important information, corresponding to retailer opening hours, via digital channels that prospects use, as properly as to continue digital engagement actions corresponding to webinars.
