Online Jewelry Sales -10% in 2Q 2008

Online jewelry sales in the United States fell 10 percent in the second quarter of 2008, Comscore, which monitors online trends, reported. Total online retail sales (excluding travel) rose 13 percent to $31 billion during the three months ending June 30, 2008. The strongest growth for the year so far was seen in April with growth of 15 percent. Online retail sales in May grew 12 percent and in June by 11 percent despite government stimulus checks which were expected to boost spending.

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