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Novori Inc posts higher sales

02
Apr '08
Novori Inc, a leading online interactive retailer of fine diamond engagement rings and jewelry, is pleased to announce that unaudited third quarter sales for 2008, compared to third quarter 2007, have increased 36.5%.

Year to date sales from 2007 to 2008 are up 43.6%. Financials reviewed by Novori's auditors will be released in a few weeks.

"We are pleased with Novori's sales growth for the quarter over quarter and year over year," stated Mark Neild, CFO at Novori Inc.

In their last reported quarter, Novori, Inc. surpassed industry averages by recording sales increases while competitors fell short of expected sales.

According to Forrester Research Inc online jewelry sales have gained significant momentum, and an estimated 14% of all jewelry sales worldwide will occur online by 2010.

Novori Inc


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