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As gold prices continue to rise, South Korean jewelry brands are increasingly leveraging lower-karat gold and alternative materials to attract younger, budget-aware customers. Market Shift to More Affordable Options The market, which has traditionally been…
After a decade of aggressive store expansion, Hong Kong’s jewellery retailers have been hardest hit by the recent downturn in tourism, with half their revenue coming from mainland shoppers. Jewellers have now been forced to a adopt variety of strategies to…
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