De Beers launched its largest diamond campaign in a decade to promote “Desert Diamonds,” natural colored stones, emphasizing rarity, uniqueness and connection to nature.
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U.S. Jewelry Market Faces Headwinds As Luxury Consumer Demand Retreats
The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry purchases this year.
![Alexandra_Forbes[1]](https://i0.wp.com/unitymarketingonline.com/wp-content/uploads/Alexandra_Forbes1-100x100.jpg "Meet Alexandra Gucci Zarini, Keeping Alive Aldo’s Legacy With AGCF Luxury Fashion Brand")
Meet Alexandra Gucci Zarini, Keeping Alive Aldo’s Legacy With AGCF Luxury Fashion Brand
Gucci stands alongside other elite names in the luxury pantheon, such as Louis Vuitton, Dior, Hermès, Chanel and Cartier. However, under the ownership of luxury conglomerate Kering, the Gucci brand has taken quite a fall, unlike its luxury cohorts. Gucci revenues dropped by nearly 30% over the past two years, from $10.9 billion (€10.5 billion) […]
An Engagement Gap Is Challenging Jewelers: How Three Major Jewelry Brands Will Manage
It’s been three years since the pandemic threw a monkey wrench into the more or less stable wedding market and disrupted the evergreen bridal jewelry business that fine jewelers depend upon. From 2000 to 2019, some 2.2 million weddings took place each year on average. Then couples hit the pause button with lockdowns in place, […]
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 […]
