The business first started as an archive of uncommon and delightful objects collected by Harris . Today, the pieces are literal strings of treasures sourced from artisans worldwide. If you just want staples which are long-lasting however won’t break the bank, simply look to direct-to-consumer model Mejuri.
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Compared to 2022, we are in a position to see that client desire is shifting to cheaper merchandise. The share of merchandise with unit-total costs under RMB2,000 jumped from 18% in 2022 to this year’s 35%, while the contribution from dearer ones fell. The inventory composition reflects the sales efficiency of these totally different gold jewelry products proven in Chart 6. In basic, sales of Heritage, Hard-Pure and mass-appeal gold jewellery products outperformed different classes.