From the U.S. market survey: January comparable sales increased by 18 percentage points

According to LGI Network January Time Tracker Newsletter survey, the monthly comparable sales surged to watch 261 million U.S. dollars, compared with 2009 increased by 18 percentage points, it is noteworthy that in these value-added last year to exclude tens of thousands out of industry, retailers.

Retail price of 5,000 dollars and more than 5000 U.S. dollars in sales of high-grade watches watches accounted for 60% of total sales value of 5000-9999 U.S. dollars accounted for 21% of watches sold, in January 2009 with the same percentage of shows. 10000-24999 U.S. dollars worth of watch sales accounted for 16% of total sales (compared with January 2009 increased by 12 percentage points), for sale over 25,000 watches and clocks in the new year is even more shine, at 2.61 billion U.S. dollars total sales accounted for 21% (compared to last year rose by 20 percentage points.)

LGI pointed out, LGI pairs of same-store sales increase in comparison is in order to make it easier for retailers to their operation and these data can be compared. Same-store sales rise by degrees only to those in 2009, the store is still open for business growth in comparison – for all merchants who are depressed one year, both fighting to stay jewelers, there are some shops to close down .

“While we will continue to adhere to this comparable sales analysis, it is noteworthy that, compared to last year, large organizations and thousands of retailers, the number of small independent stores out of this industry, resulting in an overall more challenging situation, “In the press release such a report.

Comparable sales rose 14 percent, sales increased to 215.8 thousand months. (In particular, last year’s data reflected in the sales of 262.7 thousand, indicating that more retailers are included.) Watches the most sales (35%) is the retail price from 150 to 299.99 U.S. dollars, and then are priced between 300 to 499.99 U.S. dollars, and these watches account for 22% of sales, reported in press release.

LGI Network the world’s leading luxury retailers, manufacturers and distributors to provide marketing information, LGI in February 2004 launched their first service, that is, Time Tracker, the focus of its coverage of brand watches in the U.S. market situation.

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