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Georgian Jewelry Companies Sum Up their 2015 in Business Terms

Local Jewelry companies sum up their 2015.

Director of Baccarat says that compared to last year a reduction in sales was observed in 2015 due to drastic fluctuations in the currency exchange rate.

However, Baccarat looks to the future with optimism and plans to open a new store in the Spring of 2016.Baccarat products are meant for medium and low economic segment, with its products prices ranging within 100 lari.

According to another local jewelry retailer, Roberto Bravo, the year was successful and the lari depreciation did not affect the process to a significant extent.

Prices at Roberto Bravo products are meant for medium and high segment, whith the price range starting from 100 dollars per item