In US the specialty retailers have a strong hold in the jewelry market. 55% of sales of diamond jewelry are in US, and half of the revenue is contributed by the sales of top 50 chains. The demand was on a constant rise, climbing a 5.7% increase every year, making it the most demanded product during the period 2003-2008. With steady economic growth since 2009, things have changed once again for the jewelry industry after the big impact of recession. The year 2010 is with full of promises, the growth is said to increase significantly.
The styles and patterns of diamond jewelry are constantly changing with changing mindset of people. diamond necklaces, diamond pendants demand is rising at full scale.
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