Amidst a significant downturn in online retail sales as highlighted by the CBI, S&R Jewellers is experiencing a sales surge in the preloved luxury market. As shoppers seek cost-effective luxury options during the festive season, this retailer is proving to be a popular destination.
S&R Jewellers, the online extension of Suttons and Robertsons, specializes in pre-owned luxury jewellery and watches, offering them at reduced prices. Their sales have skyrocketed by 90% in 2023, and they expect even more growth with the upcoming Black Friday discounts.
Jim Tannahill, Managing Director, remarked: “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.”
The retailer’s assortment includes renowned brands like Tiffany, Cartier, Bvlgari, and Rolex. They are focused on maintaining a high level of stock for popular items, including an extensive selection of pre-owned Tiffany jewellery.
S&R Jewellers also offers to buy unwanted luxury jewellery, ensuring competitive prices for those looking to sell quality items.
For further information on their products or selling opportunities, head to sandrjewellers.com.