Plus, why Saks Global’s bankruptcy may have given Bloomingdale’s an edge.
Jewelry among top performers this holiday season
Despite a shorter shopping period and severe weather, early numbers indicate that holiday sales increased year-over-year, with jewelry cited as one of the season’s best-selling categories.
New York--Despite a shorter shopping period and severe weather, early numbers indicate that holiday sales increased year-over-year, with jewelry cited as one of the season’s best-selling categories.
According to data from MasterCard Advisors SpendingPulse report released Thursday, between Nov. 1 and Dec. 24 sales rose more than 2 percent as compared with the prior-year period. SpendingPulse tracks customer spending on apparel, electronics, jewelry, luxury, and home furniture and furnishings during the holiday season.
This year’s report showed that of all the categories monitored during the season, jewelry was the best performing as well as one of the few that improved on its performance from 2012.
Total apparel also saw modest growth, while luxury and electronics were flat.
“The holiday shopping results are in line with expectations, but several factors impacted retail sales this year,” Sarah Quinlan, senior vice president, market insights for MasterCard Advisors, said in a statement. “Having six fewer shopping days between Thanksgiving and Christmas as well as bad weather in some parts of the country for the final two weekends of the season clearly had an effect on sales. Yet holiday sales were a clear improvement over last year’s weaker numbers. One clear bright spot is that many consumers who were stuck indoors turned to online shopping to check items off their list and that helped drive e-commerce growth.”
Online spending was a big driver for retail sales growth this year, as it has been for the past several years.
According to SpendingPulse, e-commerce sales showed low double-digit year-over-year growth for the season. And the most recent numbers from Reston, Va.-based digital analytics firm comScore indicate that U.S. retail e-commerce spending from desktop computers for the holiday season through Dec. 22 hit $42.8 billion, a 10 percent increase over a year ago.
While the holiday season ended up--and jewelers reported a strong last weekend before Christmas--this was not the case for all retailers.
According to ShopperTrak, in-store sales between Dec. 16 and 22 were down by 3 percent from the same week last year despite heavy promotions and markdowns.
Brick-and-mortar shopper traffic also fell, decreasing by 21 percent compared with the same period last year.
The promise of a “Super” Saturday fell short for many retailers of general merchandise, apparel, furniture and other products, as Dec. 21 saw a decline in both traffic and sales. According to ShopperTrak, Dec. 21 retail sales were
“Consumers have really gravitated toward ‘virtual’ window shopping, meaning that they are doing a lot of their research online beforehand. They have 24-hour access to all information now,” ShopperTrak founder Bill Martin said in an interview with National Jeweler.
Martin noted that early promotions from stores in November and earlier opportunities for consumers to get the most value for their money has been pushing sales and traffic down in December, as the shopping season increasingly gets spread over more days.
The data release comes on the heels of ShopperTrak reporting that both sales and traffic were down for the week prior, from Dec. 9 to 15, as well as for the week of Dec. 2 to Dec. 8.
However, the firm is still predicting that retail sales will rise 2.4 percent in November and December as compared with last year, despite the recent numbers.
“We think that the strength of November will keep that on track, as well as the redemption of gift cards still to come, which will likely be used on Dec. 26 and the weekend after Christmas,” Martin said.
The Latest

The flawless, Type IIa stone is estimated to achieve up to $2.8 million at the auction house’s high jewelry sale in April.

Costume designer Kate Hawley wore three archival Tiffany & Co. brooches, our Pieces of the Week, while accepting her first Oscar.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

The jewelry retailer announced changes to its store network and brand portfolio during its fourth-quarter earnings call.


The historic stone, which sold at Elmwood’s in London, is the largest white diamond to be offered on the U.K. market in more than a decade.

Three-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach in Las Vegas on May 31.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The model and fashion editor’s gold evening bags were the top lots at the London sale, going for more than $25,000 each.

Fresh off winning the David Yurman Gem Awards Grant, Nelson discusses the ring that launched his career and his plans for the future.

The “stunning” Type IIb stone was found via x-ray technology at its Karowe mine in Botswana.

“The Basics of Jewelry” has been updated to include modern topics and visuals.

Held just before the Oscars, the jewelry industry’s big awards show had its share of standout jewelry, gowns, and acceptance speeches.

The Brazilian mine’s new collection features cabochons in soft, muted shades like silver and lilac.

The Academy Award-winning actress stars in Tiffany & Co.’s latest commercial, which debuted Sunday night during the Oscars.

The organizational change follows Kering’s promise of a transformation after declining sales in 2025.

Natalie Francisco rounds up the top Oscars jewels, including Rose Byrne’s Taffin necklace with a more than 20-carat yellow-brown diamond.

Béatrice Goasglas has been with TAG Heuer since 2018. She is the first woman to head the 166-year-old, LVMH-owned watch brand.

The store features the first in-store build for the jeweler’s in-house “Bella Ponte” bridal brand.

The live fine jewelry auction will take place later this week, showcasing antique pieces, rare gemstones, and signed jewels.

Our Pieces of the Week honor the 2026 nominees for the Gem Award for Jewelry Design, Silvia Furmanovich, Cece Fein-Hughes, and Catherine Sarr.

The 24-piece watch collection is set to debut in spring 2027.

Pooler, who has more than 25 years’ experience in jewelry, is now chief operating officer of Modani Jewels, Soham Diamonds, and SNJ Creations.

The reopening of the Waldorf Astoria means a homecoming for the industry group’s annual event, which will take place Saturday.

McCormack looked to the 19th century’s “golden age” of astronomy when designing her new celestial-themed collection.

Nelson will be honored as the inaugural grant winner at the Gem Awards gala on Friday.

The new smart design software allows jewelers to configure, price, and confirm a custom engagement ring in real time for in-store customers.




















