Pearl retail market in USA today

[CLICLASP]

Hello PG

Not sure it is the right place, but how is the retail market in the States today?
From where I am, we talk a lot about subprimes problems and consequences.
Can someone make a small statement about pearl selling in USA at the moment?

Well , should I go to NY this fall

many thanks

[knotty panda]

You may be asking the wrong question. Perhaps you should ask "what happens if you don't go?" The other thing you may consider is your timing. If you are expecting dramatic results with huge sales, you may be looking at things unrealistically for the moment. After the election would probably give you better results more so than going before the election. Either way, the election will have an effect on how things shake out.

[The Pearl Outlet]

Overall, the pearl market is slower this year than last year in both retail brick-and-mortar as well as online. The rumors I've been hearing is that brick-and-mortar is down 20% to 40% for pearls this year.

[Mikeyy]

Overall, the pearl market is slower this year than last year in both retail brick-and-mortar as well as online. The rumors I've been hearing is that brick-and-mortar is down 20% to 40% for pearls this year.

Good time to jump in maybe. Things can only get better.

[Pearlgully]

Since our U.S. dollar is so weak, it seems like a good time for you to come and buy pearls, instead of sell. If you have wholesale documentation, NYC has great places to shop for pearls. Before you come, let me know and I'll give you a list of places to go to.


Gail

[CLICLASP]

Thanks to you all,
You have been very helpful
Good to feel your support thousands of miles away from here.
I shall let you know when I fly there.
Kindest regards from Paris

[knotty panda]

Ana, if I can be nosey, why your question? Are you considering going into a different business or are you anticipating expanding your current product sellers? Your question could be taken in a number of ways, so I'm not sure. Again, just curious.

[CLICLASP]

First of all, I would like to have another point of view of what happen in the USA that the one given by the local media here.
The subprimes crisis looks like a social tsunami seen from here, is it?

Anyway, I like travelling and having worlwide contacts, so I was wondering about having jewelry commercial contacts in NY for my french versatile jewelry?

Does it answer your question?

But Terry answered my question
"down 20% to 40% for pearls this year" , unfortunatly.

[knotty panda]

Yes, I didn't think you were going to branch out. Contacts are always a good thing regardless of the market. I still think the election is having a stagnating effect on the economy now. It's a wait and see philosophy. After the election, the dam will break. Always does regardless of who wins. Good luck!

[The Pearl Outlet]

I think the sub-prime issue is over-blown (less than 2% of loans are in foreclosure), though just the news of it affects the economy here. As knotty panda pointed out, the economy is ALWAYS affected in a negative way during an election year, and will pick up next year no matter who is elected.

[CLICLASP]

Hello PG members,

I would be very interested in having an update of today's market, referring to the trouble of world financial crisis.
How is the pearl business at the time being?

For what I am concerned, I used to have overseas customers, who no longer order for a while.
Is the market hit or not on your side? in what extend? on line and off line BnM ?

thanks a lot

[pbazar]

I don’t see the pearl market in the light portrayed in this thread. Pearls represent a real value this holiday season in comparison to gold and diamonds. The large volume retailers have turned to pearls as a high perceived value item to promote this holiday season. Most of the product is fashion freshwater pearl sets at $100 price point and under.

These retailers couldn’t promote their traditional fair of diamond pendants at this price points. Therefore I foresee a strong pearl season.

[jshepherd]

I think the sub-prime issue is over-blown (less than 2% of loans are in foreclosure), though just the news of it affects the economy here. As knotty panda pointed out, the economy is ALWAYS affected in a negative way during an election year, and will pick up next year no matter who is elected.

Oops!

The primary difference we have felt recently is in the average ticket values. Volume has been up substantially but value has dropped significantly.

[pbazar]

Correct less expensive pearls are selling

[elisa]

freshwater earrings: cheap way to indulge in satsifying retail therapy
add pearls to the list of countercyclical assets... along with canned soup, prostitution, and tasers.