Lab-grown diamond production Rises, but Prices Fall
Production of lab-grown diamonds has risen dramatically and will continue to do so, though their prices will likely continue to fall, said a new report from Bain & Co.
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NPD Group says watches poised to do well
According to market analysis firm The NPD Group, quite a few consumers can expect to receive a timepiece as a Hanukkah gift or wrapped up beneath their Christmas tree come Dec. 25.
Kering’s E-Commerce to move in-house
Kering, the owner of Gucci, Boucheron and Pomellato, plans to end its seven-year partnership with luxury platform Yoox Net-A-Porter (YNAP), and bring its e-commerce activities in-house.
Black Friday and Cyber Monday create record start to Holiday sales season
The holiday sales season in the United States got off to a record-breaking start, according to figures for Black Friday and Cyber Monday sales.
The 10 trends that will shape retail in 2019
From greater personalization to “social shopping,” retailers are finding technologically driven ways to meet shoppers’ needs, says “The Trends Shaping 2019,” a new report from credit card company Alliance Data.
3 predictions for the jewelry business in 2019 and beyond
At the conclusion of last week’s 2018 GIA Symposium, I looked at my laptop and realized I’d taken 23 pages of single-spaced notes starting the moment the three-day event kicked off on Oct. 7.
China positive amid short-term uncertainty
So far, 2018 has been a positive year for the diamond trade, with the US and China, the two largest diamond-jewelry markets, showing steady growth. In fact, in China, the jewelry-retail sector has experienced positive results after three years of decline.
The Diamond Industry – Is 2018 shaking up the diamond industry?
Will the year 2018 be a watershed movement for the diamond industry? Neither better nor worse than any other, it does however seem to be bringing great changes or renewal. With De Beers leading the way—and that is certainly not revolutionary—the diamond industry is taking its destiny in its hands. Half way through the year, […]
Millennials, Gen Z account for two-thirds of diamond jewelry sales
Diamond jewelry sales last year reached a record $82 billion high in 2017, with much of the purchasing coming from young consumers, according to De Beers Group’s latest Diamond Insight Report.
The US jewelry market is much smaller than you think
Anyone who has ever done a back-of-the-envelope calculation of the US fine jewelry market in the past few years arrived at figures that were far below the official numbers published by the US government.
In the first half of 2018, consumers searched for …
In April, I relayed the results of GemFind’s first annual report aggregating data from the jewelers’ websites that the company manages; the report told us what diamonds consumers were clicking on the most—though not necessarily buying—when browsing jewelry online.
India to surpass US in 2018 jewelry sales
India will overtake the US as the second-largest market for fine jewelry, behind China, by the end of 2018, according to researchers at Euromonitor International.
