GA has appraised as well as liquidated some of the biggest names in the jewelry industry. Our team will look at factors such as commodity prices, customers’ reliance on in-house financing, and the level of consigned inventory. GA can also partner with qualified gemologists to verify stone quality. We’ll even determine additional value for intangibles such as customer lists, brand names, trademarks, domain names, and licenses.
Retail jewelry stores typically offer diamond jewelry (solitaires, wedding bands, necklaces, bracelets, earrings); fashion jewelry; pearl and gemstone jewelry; gold and silver jewelry; gifts such as sterling and plated silverware; watches; and costume jewelry.
Fine jewelry sales are heavily influenced by the overall economy and consumer spending, as jewelry is often a discretionary purchase. Jewelry sales are also affected by commodity prices, such as the price of gold, silver, diamonds, and gemstones, the prices of which can impact top line sales dollars and profitability. Recently, jewelry sales have fared well due to the growing economy; however, mall-based retailers, including both fine jewelers and those selling costume jewelry, have been challenged by an overall decline in mall traffic. Moreover, watch sales have been challenged by consumers who prefer smartwatches and smartphones. This has led to sales increases for independent and online jewelers. The industry has also seen consolidation. In 2014, Signet Jewelers Limited, the largest specialty jewelry retailer in the US and the UK, purchased Zale Corp. Overall, demand for jewelry products is expected to rise as the economy continues to improve, giving consumers more discretionary income.