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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 way […]

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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 2021. […]

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Diamond Jewelry Industry Faces a New Threat: Russia Sanctions

Mere weeks ago, Bain and the Antwerp World Diamond Center (AWDC) issued their annual “Global Diamond Industry” report, recounting the diamond jewelry industry’s “brilliant recovery” from the pandemic downturn.Covering the entire diamond value chain from production to consumer sales, it reported, “In 2021, revenue increased 62% [year-over-year] in the diamond mining segment, 55% for cutting […]

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Pearls Are Riding a Wave of Renewed Popularity

For too long, pearl jewelry has been an afterthought for jewelers, a category of a few necklace strands and earrings they felt compelled to carry, but nothing to get excited about. That is starting to change.Pearls are having their fashion moment, spurred on by designers like Dolce and Gabbana, Prada, Givenchy, Dior, Versace, Miu Miu […]

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Lab-Grown Diamond Jewelry Is Poised for Explosive Growth

2022 will be the year of the wedding. According to The Wedding Report, some 2.5 million couples will tie the knot next year, following a two-year lull when only 1.3 married in 2020 and 1.9 million in 2021. That will break a previous record for marriages set in 1984.Not only will a historic number of […]