Novori, Inc. was pleased to announced this morning that its October 2007 sales were more than 100% greater than the sales for 2006; furthermore, the number totaled more than half the sales of the entire previous quarter.
Dollar sales were 208% greater than last year’s sales and gross margins also increased favorably, up 24%. According to comScore Networks, retail e-commerce accounted for about 7% of consumers’ U.S. retail spending after the 2006 holiday season. This is very significant as it makes an important contribution to the total U.S. economy.
According to Forrester Research, online jewelry sales have been increased substantially, and estimates that 14% of all jewelry sales will take place online by 2010.
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