November Report of Mercury Project’s Sell-Out Index: retailers are under pressure
Providing exclusive information on the sell-out in nine key markets for the watch & jewellery industry, the Sell-Out Index has just published its November report. Readable online exclusively by subscribers, here is an overview:
+2.6%. It is the October year-on-year evolution of the sell-out in seven key watch & jewellery markets, as reported by the SO7 composite index.
The SO7 is intended to measure the overall performance of the sell-out of the watch & jewellery specialized retailers over time.
This new index represents a value-weighted measure of the sales evolution in the 7 most significant markets monitored in the Sell-Out Index: USA, Hong Kong, Mainland China, United Kingdom, Singapore, Germany and France.
In year-to-date, the index is down -21.1%.
The recent interim and quarterly financial reports published by many retailers have highlighted their current difficulties, as well as the opportunities they have developed.
In all markets, except China, and to some extent UK, high-street stores remain under intense pressure as local consumers continue to flock online in great numbers. Businesses that didn’t build up their online presence are now paying…
The Mercury Project is a data-driven consulting company focusing on the watch & jewellery retail industry. It provides business intelligence information to industry stakeholders (companies, retailers and federations) through a reliable monitoring of the key aspects and trends of the markets.
The Mercury Project’s activities are based on documented and trusted databases focusing on the watch & jewellery retail information (sell-out data, retailer database and new brand launch).
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