Luxury Jewelry Spending Rises
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Luxury spendingCNBC
•Entertainment
Entertainment
Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds

75% Informative
Luxury retail was expected to stage a turnaround in 2025 after a promising fourth quarter marked by holiday shopping and post-election euphoria.
Instead, U.S. credit card spending on luxury goods fell during the first five months of the year compared with the same period in 2024 .
Jewelry has proven to be a bright spot, outperforming other categories like leather goods and ready-to-wear.
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