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Diamond rings

Diamond Jewelry Sales Are Booming, but Can It Last?

Despite the disruptions from the pandemic, declining marriage rates and the growing availability of lab-grown diamonds as a less expensive but structurally and chemically identical substitute for the natural alternative, the market for natural, mined diamond jewelry has barely skipped a beat.Independent research firm, Edahn Golan Diamond Research & Data reports that overall U.S. jewelry […]

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How Signet Differentiates Kay and Zales To Expand the Mid-Priced Jewelry Market

Following a challenging pandemic year when Signet Jewelers’ sales declined 14.8%, the company’s turnaround began in earnest during the second half of the fiscal year. Fourth quarter sales rose 1.5% – and 5.1% in North America where the company generates over 90% of revenue.The company’s recovery continues apace, with revenues reaching $1.7 billion in first […]

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Pandora and Diamond Foundry Answer Consumers’ Growing Demand for Lab-Grown Diamonds

Lab-grown diamonds, the manmade alternative to naturally-grown diamonds, have faced an uphill battle to be recognized by the jewelry industry as an acceptable alternative to mined diamonds.Now Pandora, the world’s largest jewelry company by volume, and Diamond Foundry, one of the nation’s leading producers of lab-grown diamonds, are out with news that prove the staying […]

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Mikimoto Opens New Boutique To Showcase Pearls as the Only Sustainable Natural Gem

The intersection of Fifth Avenue and 57th Street may well be the most luxurious corner in New York City, anchored by the massive Louis Vuitton flagship, Bergdorf Goodman and the still luxurious, if somewhat tarnished Trump Tower.Drawn to this exclusive neighborhood are Chanel, Prada, Burberry, Saint Laurent, Dior, Prada, Bulgari, David Yurman, Ermenegildo Zegna among […]

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Kay, Zales and Jared parent, Signet Jewelers, Outlines Next Phase of its Path to Brilliance Plan

In March 2018, shortly after being named CEO, Virginia ‘Gina’ Drosos laid out a transformational three-year strategic plan for Signet Jewelers, called “Path to Brilliance.” Its ambitious benchmarks were to be achieved at the close of 2020.But after the pandemic year, nobody would have faulted the company in its recent fiscal 2021 earnings call if […]

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