Forevermark trials new retail concept geared towards millennials

De Beers diamond jewellery brand, Forevermark, has launched a new retail concept for its flagship store in China designed to target millennial consumers.

Libert’aime by Forevermark, a new flagship store at HKRI Taikoo Hui in Shanghai, marks the 1,000th Forevermark store in China and celebrate the the spirit of a new generation of fashion-forward self-purchasing women.

Pioneering a new retail concept, Libert’aime by Forevermark is designed to appeal to the 420 million millennials in China though an omnichannel model that offers a contemporary, highly interactive and engaging consumer experience.

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The omnichannel experience combines the Libert’aime by Forevermark flagship store, online platforms and the launch of a WeChat store on China’s leading social media platform.

The physical store includes a number of innovative, digital experiences, including a 3D diamond wall and a ‘Magic Mirror’ where consumers can instantly share their favourite pieces with friends and family. In addition, it includes a ‘Diamond Bar’ where daily diamond jewellery can be found and a ‘Spectacular Diamonds’ area containing fancy-cut and multi-diamond pieces.

Forevermark chief executive officer, Stephen Lussier, shares: “We are delighted to be launching an exciting new retail concept in China, Libert’aime by Forevermark, which brings together an innovative in-store offering with online and social channels to provide customers with a highly engaging and personalised buying experience. We recognise that our consumer continues to evolve and, with Libert’aime by Forevermark, we are thrilled to be offering a diamond jewellery range that has been designed with a younger, more fashion-forward consumer in mind, who might just be starting their diamond journey.

“Forevermark will still continue to focus on its classic bridal and non-bridal collections with our valued Forevermark retail partners, while Libert’aimeTM by Forevermark will concentrate on providing a complementary offer to excite Millennials.”

Libert’aime by Forevermark will also include a new collection called Le Light designed by Timmy Xu Weizhou, a rising star in China’s acting and music scene.

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