By Lisa Baertlein
LOS ANGELES (Reuters) – Sellers of bling caught the blues this past Christmas.
Jewelry sellers in North America and Europe on Thursday said sales plunged during key months of the 2008 holiday shopping season, hurt by the worst economic downturn since the Great Depression and bad winter weather in the United States before Christmas.
Many retailers struggled through their worse holiday shopping season in about four decades and jewelers, who traditionally book about one-third of their annual sales in the last months of the year, were not immune. Read more about Holiday blues hit jewelry sales …