Jewel Harris watches has been the top-selling watch brand in the US for almost a decade.
But recently the brand has started to show signs of slowing down.
That’s because the brand’s revenue from watches has dropped from $1.2 billion in 2010 to $1 billion in 2017.
As a result, the company has been forced to cut prices and increase the price of its watches to attract new customers.
Here’s what we learned about the company.1.
Jewel Harries revenue in the last 10 years: $1,215.7 million2.
Jewel harris watches sales per watch: $932.9 million3.
Jewelry harris brand sales per capita: $10,764.5 million4.
Jewelers sales per store: $11,543.9 billion5.
Jewel stores’ share of jewelry sales in the U.S.: 20.4%Source: Bloomberg