The Jewelry Exchange, one of the largest direct diamond importers in the U.S., is reporting a significant increase in same-store sales for the month of August, up 7.31% year over year. “After a solid surge in sales for August, we are hopeful that this signifies the beginning of an economic recovery as we prepare for a strong holiday season,” said Sylvia Trujillo, Chief Financial Officer for the Jewelry Exchange.
Online sales contributed an increase of 38.1%, owing in large part to a completely redesigned website that launched a sophisticated new look, as well as customer-friendly features, such as improved diamond and jewelry sorting functions. Among the brick and mortar location’s significant sales increases were the Phoenix location, up an impressive 47%, the St. Louis location bringing in a 21% increase, and the flagship Southern California jewelry store increasing by 26.2%. In addition to the redesigned website, the Jewelry Exchange attributes these sales increases to a renewed focus on jewelry design and merchandising, and the recent additions to our management team.
The Jewelry Exchange has been in the business of selling quality diamond jewelry for over 35 years. In addition to being a direct diamond importer and site-holder, they also manufacture their own jewelry which allows them to offer consumers fine diamond jewelry at prices significantly less than most other jewelry retailers.
The Jewelry Exchange is owned by Goldenwest Diamond Corporation who also owns and operates the Jewelry Factory and the Jewelry Source.
If you would like more information on this topic please contact Fallan Doddridge at 714-542-9200 x196 or via e-mail at [email protected].