Archive | Jewelry

RSS feed for this section
Blue Nile (19) exterior

Blue Nile To Become Another Jewel In Signet Jeweler’s Crown

Signet Jeweler just announced it signed a definitive agreement to acquire Blue Nile, a pioneering digital disruptor in the diamond jewelry business, founded in 1999. With the $360 million cash deal expected to close in the third quarter, Blue Nile brings a war chest of over 650,000 diamonds, more than three million online customers and […]

Comments Off on Blue Nile To Become Another Jewel In Signet Jeweler’s Crown Continue Reading →
Blue Nile (19) exterior

With IPO in the Works, Blue Nile Plans To Make Diamond Jewelry More Accessible

Blue Nile, a market leader in online diamond jewelry, has combined with Mudrick Capital Acquisition Corp. II, a special purpose acquisition company (SPAC), to take the company public with an expected listing on NASDAQ in early fourth quarter 2022. The company is valued at $873 million and is anticipated to generate some $450 million in […]

Comments Off on With IPO in the Works, Blue Nile Plans To Make Diamond Jewelry More Accessible Continue Reading →
bas-van-den-eijkhof-hmwvQJepxOQ-unsplash

Lab-Grown Diamonds Have Earned Luxury Status

In 2018, the FTC permitted “a mineral consisting essentially of pure carbon crystallized in the isometric system” to be described as a “diamond,” whether naturally occurring or man-made. Ever since then, the jewelry establishment has been erecting barriers of entry for lab-grown diamonds into their lucrative $84 billion global market. The Natural Diamond Council established […]

DY Paris Facade Edit w-Gate

Poised for Growth under New Leadership, David Yurman Opens Paris Flagship Jewelry Boutique

Look at almost any list of the world’s most coveted luxury jewelry brands, and among the list including Van Cleef & Arpels, Cartier, Tiffany, Harry Winston, Bvlgari and others, you’ll find David Yurman. After being founded by sculptor David and artist Sybil Yurman a mere 42 years ago, the David Yurman brand has worked its […]

Comments Off on Poised for Growth under New Leadership, David Yurman Opens Paris Flagship Jewelry Boutique Continue Reading →
kieran-somerville-Vwp37SvpUwY-unsplash jewelry store

Jewelry Retailers Must Prepare for a Customer Retreat and Signet Has Been Preparing for this Day

A remarkable thing happened during and after the pandemic: Jewelry sales went through the roof. Personal consumption of jewelry reached $94.6 billion in 2021, up over 50% from the $62.3 billion spent in 2020, according to the Bureau of Economic Analysis’ (BEA) underlying data. Across the board, American consumers bought a ton of stuff in […]

Comments Off on Jewelry Retailers Must Prepare for a Customer Retreat and Signet Has Been Preparing for this Day Continue Reading →