Jewelry, Watches and Accessories Retailing in Russia – Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019

Date: 2015-08

“• Rising inflation hurts retail sector

• Deteriorating economy and the declining entry of companies from overseas because of political turmoil hurts domestic market

• Specialist retailers commanded a 66.3% of the total sales in the sector

• Medley of factors weaken consumer spending on retail

• Online spending on jewelry, watches and accessories is forecast to grow at a CAGR of 16.2% between 2014 and 2019”

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