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Diamond jewelry

The Choice Between Lab Grown and Natural Diamonds Is Becoming Clearer

This year Valentine’s Day fell nearly smack dab in the middle of the peak period for diamond jewelry sales, which extends from the December holiday season when about 20% of engagements occur through Mother’s Day, this year on May 9. By all accounts Holiday 2020 was a strong one for diamond jewelry sales, especially for […]

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Introducing the Era of Conscientious Luxury

The seemingly insulated luxury market has never experienced a year like 2020 when personal luxury goods sales dropped $78 billion from 2019 – a 23 percent decrease year-over-year – to a total $266 billion in 2020. With the pandemic threatening both consumers’ health and finances, the industry’s decline was more than double the 9 percent […]

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Tiffany Sales Will Double Under LVMH: Here’s How

Ever since news broke that LVMH Moët Hennessy Louis Vuitton was acquiring Tiffany & Company, speculation has swirled about how the giant French luxury conglomerate would fold in this iconic American brand. Aside from some bland corporate messaging, LVMH has been mum on its plans. But one thing is for sure, after a protracted and […]

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Signet Jewelers – Parent of Kay and Zales – on Its Strategy of Love

After a disappointing 2019, when jewelry store retail sales were basically flat from the year before–$32.2 billion compared to $32.4 billion in 2018–the new year 2020 started with a bang. January 2020 sales rose 11.2% over previous year and hopes were high that similar growth would continue for the rest of the year. Then Covid […]

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Turning ‘House into Home’ Is Lowe’s Strategy to Take Market Share

Back in 2018, not long after Marvin Ellison took the reins as CEO of Lowe’s, he outlined a three-year strategic plan with the first 12 to 18 months devoted to strengthening retail fundamentals – merchandising, supply chain, operations and customer engagement. The next 18 to 36 months would be used to build up the fundamentals for […]

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