Expect plenty more Champagne corks to pop in 2024, because engagements are expected to pick up steam after a pandemic-triggered drop-off.
NEW YORK — Engagements are expected to pick up steam next year, after a pandemic-triggered drop-off.
But with the return of many pre-pandemic lifestyles, including dating, Signet said the lull in proposals is expected to bottom out this year, and engagements will likely rebound starting in early 2024.. We had predicted that we would see a lull in engagements caused several years ago by COVID," said Signet CEO Virginia Drosos during a company presentation at the Goldman Sachs Global Retailing Conference on Wednesday.
Drosos said Signet is able to closely track the yearly engagement cycle because of its customer data platform.
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