Gute Zahlen im dritten Quartal machen Hoffnung!
Hauptgeschäftsführer (Managing Director) Bundesverband Schmuck, Uhren, Silberwaren und verwandte Industrien e. V.
The downturn in the German jewellery and watch industry took a break in the third quarter of 2024. The figures show an improvement compared to both the previous quarter and the same quarter of the previous year. Overall, the figures up to the end of Q3 2024 show that the results are better than the sentiment. However, it must be taken into account that the current gold price makes the results look much better than they would be if sales were still being made at 2023 gold prices. The German jewellery and watch industry is now looking ahead to the important Christmas business with cautious expectations. On the one hand, the consumer mood following the government's exit in Germany is a bit depressing. On the other hand, the industry is hoping for a defiant effect. After all the bad news of 2024, the hope is that people will treat themselves to something for Christmas and that our industry's Christmas business will benefit from this.