Retail sale of watches and jewellery in specialised stores

NACE v2.0 Code: G47.77

About retail sale of watches and jewellery in specialised stores

NACE code 47.77 covers the retail sale of watches and jewellery in specialised stores. This industry plays a vital role in the broader retail and luxury goods sectors, catering to consumer demand for high-quality, fashionable, and often prestigious timepieces and jewellery. As a specialized segment of the retail trade, businesses operating under this NACE code contribute significantly to the overall economy through sales, employment, and the provision of unique products and services.

Production process

Businesses in this industry typically acquire watches and jewellery from manufacturers and wholesalers, and then sell them directly to consumers through dedicated retail outlets. The main production techniques involve the careful curation, display, and sale of these luxury items, with a focus on providing exceptional customer service and creating a premium shopping experience.

Production inputs

The key inputs for this industry include a diverse range of watches and jewellery, sourced from both domestic and international manufacturers. Businesses may also require specialized display cases, lighting, and other retail equipment to showcase their products effectively. Additionally, skilled sales staff and knowledgeable experts are essential to guide customers and provide expert advice.

Production outputs

The primary output of this industry is the retail sale of watches and jewellery to individual consumers. These products may then be used, worn, or gifted by the end-users. The outputs of this industry may be consumed by a variety of other NACE codes, such as 95.25 Repair of watches, clocks and jewellery, 47.78 Other retail sale of new goods in specialised stores, and 95.29 Repair of other personal and household goods.

Revisions to 47.77

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 47.77. The most recent 41 versions of this code (47.77) is in the NACE v2.1 system:

This page shows a legacy version of code 47.77 ( NACE v2.0).

Related ISIC Codes

These isic codes are related to this econ code: (47.77).

ISIC code ISIC Version ISIC title
4773ISIC v4.0Other retail sale of new goods in specialized stores

Family tree for retail sale of watches and jewellery in specialised stores

    graph LR
    A["<a href='/classifications/nace/v2/G'>G: WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES</a>"]
A --> B["<a href='/classifications/nace/v2/G/47'>47: Retail trade, except of motor vehicles and motorcycles</a>"]
B --> C["<a href='/classifications/nace/v2/G/47/7'>47.7: Retail sale of other goods in specialised stores</a>"]
C --> D["<a href='/classifications/nace/v2/G/47/77'>47.77: Retail sale of watches and jewellery in specialised stores</a>"]

    C --> E["<a href='/classifications/nace/v2/G/47/71'>47.71: Retail sale of clothing in specialised stores</a>"]
C --> F["<a href='/classifications/nace/v2/G/47/72'>47.72: Retail sale of footwear and leather goods in specialised stores</a>"]
C --> G["<a href='/classifications/nace/v2/G/47/73'>47.73: Dispensing chemist in specialised stores</a>"]
C --> H["<a href='/classifications/nace/v2/G/47/74'>47.74: Retail sale of medical and orthopaedic goods in specialised stores</a>"]
C --> I["<a href='/classifications/nace/v2/G/47/75'>47.75: Retail sale of cosmetic and toilet articles in specialised stores</a>"]
C --> J["<a href='/classifications/nace/v2/G/47/76'>47.76: Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores</a>"]
C --> K["<a href='/classifications/nace/v2/G/47/78'>47.78: Other retail sale of new goods in specialised stores</a>"]
C --> L["<a href='/classifications/nace/v2/G/47/79'>47.79: Retail sale of second-hand goods in stores</a>"]

    

    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level4
class E level4
class F level4
class G level4
class H level4
class I level4
class J level4
class K level4
class L level4

  class D highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class D highlight