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Jasmin Malik Chua

By Jasmin Malik Chua
Jersey City, NJ, USA | $contentItem.formatDate

Fashion Accessories: By The Numbers


  • 3 percent: Percentage of conflict diamonds in the total rough-diamond trade, according to estimates from the diamond industry. Others put the number as high as 15% of the total trade.

  • $7.9 billion: The market value of rough diamonds produced in 2001. These were then converted into jewelry worth $54.1 billion.

  • 80 percent: The percentage of gold minded each year that goes into jewelry, out of 2500 tons.

  • 6: The number of handbags the average woman in the U.S. owns. According to marketing research by The NPD Group, ownership is highly correlated with age: four in 10 women age 55 and above said they own seven or more handbags each.
 
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