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November 2022 Jewellery News, Views, Developments And Happenings

“The winners are going to be the ones that can steadiness between presenting the products on-line and selling online, and on the similar time having a shop the place the consumer can have a physical experience,” he explains. As an indicator, online retailer Kogan.com recorded sixty two,000 new clients and a 50 per cent increase in gross sales during the month of March. Lorie observes that Chinese shoppers increasingly turned to on-line buying throughout obligatory isolation – “From what I see in China, the massive winner is the Internet,” he says – and a similar pattern is rising in Australia. “She put a fantastic message out there to prospects, she made clients feel good, she had an excellent story about how and why she put her jewellery collectively and it resonated with the common public,” he explains. Meanwhile, Lorie factors to the complacency of the diamond trade as a lesson in the importance of future planning and investing in communication.

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Alexa, the worldwide ranking system for analysing web site visitors and readership, ranks jewellermagazine.com properly above its business competitors. Jeweller has now moved into the #1 place worldwide forward of all other business-to-business jewellery and watch magazines including those in the US and UK. Venyx’s latest capsule jewellery collection referencing three masterpieces of the surrealist artist Man Ray – The Lovers , Glass Tears and The Venus Restored – was displayed last month at the prestigious artwork gallery Gagosian in New York. The brand’s founder Eugenie Niarchos grew up surrounded by art and has a particular fondness for surrealism, during which “the extraordinary emerges from the strange, opening eyes to new perspectives”.

Retail Spotlight

I’ve written many articles by way of the years documenting the numerous changes that have occurred inside our trade. Those infamous words have been spoken by the lovable TV character Ernest P. Worrell 1000’s and 1000’s of occasions. Email us the categories of magazines and media outlet editor contacts you need to attain out in your advertising marketing campaign at We’ll share lively media listing with verified email contacts in an Excel or CSV format. Filled with actionable tips and insightful options, it is an essential tool for running a jewelry store.

  • The Central Board of Indirect Taxes and Customs is initiating the formation of a panel to address the concerns raised by the gems and jewellery business associated to customs clearances.
  • Isha’s ethnic fashion journey embodies a celebration of tradition and identity.
  • The jewellery brand aims to open more than 300 shops in the next three to 4 years.
  • “She was the first to invent mirrored screens in her haute couture atelier,” Marino said on a call from Paris, detailing how his work is an his ode to the legacy of Coco Chanel.

This, mixed with chain-wide stock down 14% from final year while many independent retailers are sitting on unsold stock, gives Signet a aggressive advantage. Its DTC Blue Nile banner is inextricably linked to diamonds in consumers’ minds, and diamonds are the specialty of its Diamonds Direct big-box vacation spot stores. The chain was acquired in late 2021 with 22 stores; Signet’s added seven shops since then to deliver the entire to 30 Diamonds Direct stores. What provides Drosos hope for the approaching quarter, subsequent 12 months and past is the return of the bridal jewellery market, which accounts for half of the company’s gross sales.