Tag Archives: america

Authenticity cited as key driver of diamond sales among millennials

Authenticity cited as key driver of diamond sales among millennials

Millennials are adopting a ‘less is more’ mentality when it comes to purchasing high-end goods, according to a new study. The study, from American company Real is a Diamond, found that 89% of participants look for authenticity when buying luxury items such as diamonds. It also identified that 94% of the highest earning millennials prefer

Fashion jewellery strategy shift lifts Tiffany & Co to 19-month high

Tiffany & Co has posted better-than-expected Q4 results and its shares rose to a 19-month high last week after deciding to push its fashion jewellery ranges amid poor sales. The New York-based high-end jeweller recently begun driving higher-margin, more affordable fashion jewellery and has since seen improved global sales. Gold items from the rapidly expanding

Diamonds and jewellery to benefit from Trump victory, claims industry maverick

Donald Trump’s election victory coupled with Republican control of Congress is expected to support increased demand for diamonds and jewellery, a leading diamond maverick has claimed. Martin Rapaport, chairman of the diamond group Rapaport, whose Rapaport Price List is a primary source of diamond price and market information, predicts that the result of the US

Kiroco smart jewellery to take on US market

Brand goes global as it signs distribution agreement overseas. UK digital jewellery company Kiroco has signed an agreement with American-based distributor Allyson Sackman Nick, with the aim of growing its business overseas. Using online bank-level encryption and multi-factor authentication, Kiroco digital jewellery allows you to safely receive private messages and to store personal information such

Hoover & Strong boost US’ Fairmined gold offer

Jeweller will support ethical mining and community development. By Hallie Engel For the first time, the Alliance for Responsible Mining has authorised a US-based company to trade Fairmined gold. Hoover and Strong, the eco-friendly refiner and manufacturer, will offer the ethical product. More than 20 American jewellers have signed on as licensees for Fairmined gold,

Bonhams New York: Jewellery market is on the rise

Auction house says it’s now on the map following million-dollar sale. The Head of Jewellery at the US arm of Bonhams auctioneers has said that sales of second hand jewellery is on the up, following last week’s New York-based auction of fine jewellery totalling $4.5 million (£2.8m). Susan Abeles, head of jewellery for Bonhams US,

Hearts of Fire to sue De Beers over Sublime Mark

De Beers accused of copyright infringement with Sublime Symmetry mark. Hearts On Fire has filed a lawsuit against De Beers Diamond Jewellers, alleging that the retail chain has infringed on the brand’s trademark for its Sublime Mark, says a report from US jewellery site JCK. The lawsuit declares that the De Beers’ retail chain’s Sublime

Roberto Coin named bestselling brand in US

Italian brand celebrates position ahead of others including H. Stern. Italian jewellery brand Roberto Coin has been named as the best-selling jewellery brand in the US, ahead of the competition which included Marco Bicego and H Stern. Management and consultancy first United Brands released its 2011 top 10 list of the highest-ranking jewellery, watch, and