As the CBI reports a considerable downturn in online retail sales, one sector defies the trend: pre-loved luxury goods. Rising interest rates and the cost-of-living crisis have led shoppers to seek out more affordable luxury options, with pre-loved jewellery seller S&R Jewellers seeing a notable uptick in sales.
S&R Jewellers, associated with Suttons and Robertsons, offers authenticated, pre-owned luxury jewellery and watches at significantly reduced prices. Their success is evident in a 90% sales increase in 2023, and they anticipate further growth during their Black Friday sale.
Jim Tannahill, Managing Director, stated: “The cost-of-living crisis doesn’t stop people wanting to spend on luxury items, but we are seeing a huge increase in people turning to pre-loved jewellery and watches as they offer significant savings off of new retail prices.”
Customers can find sought-after brands like Tiffany, Cartier, Bvlgari, and Rolex at S&R Jewellers. The retailer focuses on keeping a robust stock of popular jewellery and watch brands, including an extensive range of pre-owned Tiffany jewellery.
In addition to sales, S&R Jewellers purchases unwanted luxury jewellery, offering competitive prices for high-quality pieces.
Visit sandrjewellers.com for more information on their range of products and purchasing services.
