Young Britons are increasingly looking for luxury jewellery and watches that hold sentimental value and tell a unique story, providing a counter-argument to claims that youngsters are behind a growing ‘throwaway fashion’ culture in the UK.
A survey of 2,000 people found that under-25s are the most likely to own a cherished item, which marks a special milestone or memory for them – especially women.
The poll, which was commissioned by national jewellery retailer Beaverbrooks, shows that women (44%) are almost twice as likely as men (28%) to own a keepsake that is dear to them.
Overall, 39% of millennial consumers have a luxury watch or piece of jewellery that has a unique story behind it, whether it was given to them brand new to mark an important milestone or as a family heirloom that has been passed between generations.
These new findings come at a time when the UK’s seemingly increasing demand for disposable fashion has been put under the spotlight.
The Government recently unveiled a 25-year environmental plan amid growing concerns that Britain is quickly becoming a ‘throwaway society’, while leading style icons such as Stella McCartney have also highlighted issues surrounding disposable fashion.
However, there’s also a long-held view that although fashion moves in cycles, style is eternal, and this is reflected in Beaverbrooks’ survey results.
Head of luxury brands at Beaverbrooks. Bruce Andrews, shares: “It’s easy to think of family heirlooms and keepsakes as being somewhat passé in 2018, but it’s really encouraging to see such a strong appetite for quality, unique pieces that hold special meaning among the younger generations.
With mobile phones – in particular smartphones – being so prevalent, people don’t necessarily need a watch to keep track of the time anymore. However, these timepieces do so much more than that. This is certainly reflected in our findings.”