Jewelry Industry Statistics and Trends: June 2024
July 3rd, 2024
Industry Snapshot: June 2024 Despite ongoing diamond concerns, positive trends show signs of recovery By Harold Dupuy, FGA, Stuller Inc. (Originally Published June 2024) Quick Links: Retail Market Sales • Jewelry Industry Overview • Diamond Challenges • The Economy • In Closing What is normalization? It’s been so long that I’m not sure the average […]
Lesser-Known Gems Have Become Competitive Contenders
June 7th, 2024
Tucson Takeaways High prices are steering jewelers and consumers toward alternative gemstones By Deborah A. Yonick (Originally Published May 2024) In February, Tucson plays host to the largest, longest-running gathering of gem and mineral shows on the planet. This annual event brings together everyone from collectors and hobby enthusiasts to curators, scientists, and gem and […]
Jewelry Industry Statistics and Trends: March 2024
May 22nd, 2024
Industry Snapshot: March 2024 Jewelers need to stay agile in a rapidly changing environment By Harold Dupuy, FGA, Stuller Inc. (Originally Published March 2024) Quick Links: Retail Market Sales • Jewelry Industry Overview • The Diamond Quandry • The Economy • In Closing The past year presented several challenges, yet the jewelry industry, on the […]
Pantone’s Spring 2024 Pallette
February 5th, 2024
Post-Pandemic Positivity Pantone’s spring 2024 color palette radiates optimism By Deborah A. Yonick In its seasonal report, the color institute notes “a new sense of freedom reflected in tones that are evocative yet familiar” and invites us to explore our own creativity and re-envision the future. The latest seasonal palette offers a versatile mix of […]
How Jewelers Can Benefit from the Barbie Buzz
December 5th, 2023
Tickled Pink The jewelry industry is well positioned to make the most of the buzz surrounding fashion icon Barbie and her timeless jewelry styles By Deborah A. Yonick (Originally Published September 2023) It might feel like the attack of the 50-foot woman with Barbie larger than life in our pop culture today. The iconic doll, […]
Jewelry Industry Statistics and Trends: September 2023
December 5th, 2023
Industry Snapshot: September 2023 This year’s peak season will likely bring numerous challenges to the industry By Harold Dupuy, FGA, Stuller Inc. (Originally Published September 2023) Quick Links: Retail Market Sales • Jewelry Industry Overview • The Diamond Dilemma • Bridal • The Economy • In Closing Retail Market Sales After a 34-month streak of […]
Online Search Data Highlight Future Jewelry Trends
December 5th, 2023
Forseeable Fashions Utilizing AI technology to analyze consumer interest in several jewelry trends By Deborah A. Yonick (Originally Published October 2023) Many jewelers often feel like they need a crystal ball to predict the styles that will be popular with tomorrow’s customers. However, they may have a new tool at their disposal: artificial intelligence (AI) […]
Le Vian Forecasts Post-Pandemic Breakout Trends
September 5th, 2023
The Great Escape Le Vian identifies escape, renewal, passion, brilliance, and bold individuality as themes inspiring its latest collections By Deborah A. Yonick (Originally Published August 2023) Our post-pandemic posture wants to get out, explore new things, and express to the world our unique personality. Le Vian reflects these emotions and the energies influencing jewelry […]
Energetic Colors Trending for Fall/Winter 2023
July 20th, 2023
Red Hot Red hues dominate Pantone’s fall/winter color palette By Deborah A. Yonick (Originally Published June 2023) Pantone’s seasonal forecast for fall/winter 2023/2024, as revealed during New York Fashion Week in February, reflects a desire to communicate the joy of creativity and design into our lives, says the Pantone Color Institute. Leatrice Eiseman, executive director […]
Color Gemstones Capture Share of the Bridal Market
July 20th, 2023
Engaging in Color Recent consumer surveys find growing interest in color gemstones for engagement and wedding rings By Deborah A. Yonick (Originally Published May 2023) Color gemstone engagement and wedding rings are no longer a small niche market, but a growing category that young consumers are eager to explore. Based on responses from nearly 12,000 […]
Business Automation for Every Size of Business
July 20th, 2023
Bring On the Robots Learn how automation can increase efficiency, productivity, and accuracy in your business By Andrea Hill (Originally Published April 2023) If you’re not taking advantage of business automation, you’re missing out on essential efficiency and quality tools that will make your business more competitive. Business automation is the use of technology to […]
A Growing Market for the Most Sustainable Diamonds
July 20th, 2023
Recycling Old Stones Bespoke designers and jewelers are promoting recycled diamonds as affordable and sustainable options By Deborah A. Yonick (Originally Published April 2023) Being socially conscious is a far more important priority for couples today than at any other point in history. Gen Y and Z brides and grooms care about sustainability, natural alternatives, […]
Jewelry Industry Statistics and Trends: April 2023
July 20th, 2023
Industry Snapshot: April 2023 A look at the latest industry statistics By Harold Dupuy, FGA, Stuller Inc. (Originally Published April 2023) Quick Links: Retail Market Sales • Jewelry Industry Overview • Economy • In Closing Change is looming. After the massive growth of the 2021 recovery, 2022 provided an unexpected sequel with revenue increases for […]
GIA Observes Unusual Color Change in Sapphires
April 4th, 2023
True Colors Color stability testing reveals interesting color gains By Deborah A. Yonick During routine color stability testing of sapphires, experts at the Gemological Institute of America (GIA) in Carlsbad, California, observed an unusual gain of orange or yellow coloration to a padparadscha-like color or even to pure orange. These latest observations underscore how identifying […]
Pantone’s Spring 2023 Palette
February 9th, 2023
Color Matters Pantone’s spring palette embodies new vision forward By Deborah A. Yonick Popular colors on fashion runways for spring 2023 reflect our experiences of the past few years—from chaos to quiet—in Pantone’s latest palette that brings together energizing, bright hues with calming, natural tones inspiring self-expression, experimentation, unexpected combinations, and quirky contrasts. In its […]
Video – Live from Expo 2022: Amy Elliott on Forecasting Consumer Trends
January 9th, 2023
Live from Expo 2022 Amy Elliott on Forecasting Consumer Trends Hosted by Andrea Hill Jewelry expert for the Bridal Council and author of the JCK blog All That Glitters, Amy Elliott has her finger on what excites consumers. Learn about the jewelry choices they’re making now, the qualities they’re looking for in both what they […]
State of the Industry: Jewelry Trends to Watch
January 6th, 2023
Planning Ahead A look at the products, colors, and styles expected to trend in 2023 Although the economy is in flux, many consumers are still comfortable spending money and some of it will be on jewelry. What will they be looking for? MJSA Journal recently checked in with Amy Elliott, a contributing editor at JCK […]
State of the Industry: Precious Metals Forecasting
January 6th, 2023
Precious Forecasting Experts predict 2023 could be a volatile year for precious metals markets By Shawna Kulpa With inflation rates high worldwide and the possibility of a global recession looming in 2023, many experts are predicting that precious metals markets will have a volatile year. However, they also expect things to become less rocky as […]
State of the Industry – The Need for Sustainability
January 6th, 2023
The Need for Sustainability Despite a slowing economy, focusing on sustainable efforts can create value and build resilience Even with the threat of a slowing economy in the new year, should companies still prioritize investments in sustainability? According to a recent McKinsey report, the answer is a resounding yes. The report notes that even “in […]
State of the Industry – Let’s Get Phygital
January 6th, 2023
Let’s Get Phygital Creating a unified shopping experience across physical and digital channels You are likely familiar with the term omnichannel, but do you know what a phygital experience is? It’s a term to describe the essence of omnichannel: Phygital emphasizes the blurring of the line between physical and digital channels to create one consistent […]
State of the Industry – Dealing with the Labor Shortage
January 6th, 2023
Dealing with the Labor Shortage Why attracting, developing and retaining talent should be a top agenda item for business owners in 2023 “No one wants to work anymore” is the oft-used refrain heard from some businesses struggling to find and keep employees. But we know that that’s not actually true, as evidenced by the continued […]
State of the Industry – Preparing for a Possible Recession
January 6th, 2023
Preparing for a Possible Recession Keeping a close eye on cash flow is critical to navigating economic uncertainty Whether the country falls into a recession next year or not, forecasters expect 2023 to be a challenge—which is all the more reason to prepare for a recession. That way, “you’ll have a game plan if it […]
State of the Industry 2022
January 6th, 2023
A Look Ahead Where we stand and where we go from here By Shawna Kulpa Ask anyone in business what they think about these days, and the Jan-Brady-esque reply will likely be either “Inflation, inflation, inflation” or “Recession, recession, recession.” In 2021, as the U.S. emerged from COVID-19 lockdowns and the economy rebounded, jewelry sales […]
Pantone Spring Colors for 2021
December 22nd, 2022
Nature Calls Featuring hues illustrative of nature, Pantone’s spring color palette rejuvenates By Deborah A. Yonick Hues illustrative of nature topped Pantone’s spring fashion color palette for 2021, as spied in ready-to-wear fashions launched during New York Fashion Week, which was conducted virtually in September. The season’s palette pops with a sunny yellow hue called […]
Jewelry Industry Statistics and Trends: October 2022
October 31st, 2022
Industry Snapshot Industry resilience will be tested as the year comes to a close By Harold Dupuy, FGA, Stuller Inc. (Originally published October 2022) Quick Links: The Recovery Is Over • Jewelry Sales Overview • Metal Markets • Diamond Industry • In Closing The first half of 2022 jewelry industry performance was robust but with […]
Trends and Takeaways from Las Vegas Jewelry Week 2022
September 2nd, 2022
Rock Steady Designers and suppliers are playing it safe, expanding their top-performing collections By Amy Elliott Editor’s Note: Guest columnist Amy Elliott was on the scene at the JCK and Couture shows in June with the volume on her trend radar turned up to 11. Below, she shares the categories, metals, and stones that readers […]
Jewelry Industry Statistics and Trends: July 2022
August 4th, 2022
Industry Snapshot Despite a challenging economy, moderate growth is possible By Harold Dupuy, FGA Quick Links: Jewelry Sales Overview • The Economy • Diamond Industry • In Closing In the first quarter of 2022, jewelry industry sales continued the above-average growth experienced last year. That is the good news. On the other side of the […]
Empowering Women with Jewelry
August 4th, 2022
Power Dressing Designers aim to inspire confidence with empowering new styles By Deborah A. Yonick For many consumers, jewelry is more than just sparkly baubles meant to accessorize an outfit. Instead, they view jewelry as another form of communication and use it to express their personalities and passions. It can also be used to imbue […]
Study Shows Consumers Love Pearls
June 1st, 2022
In Demand A benchmark study shows pearls are this year’s go-to gem By Deborah A. Yonick If you haven’t heard that pearls are the go-to gem of 2022, you must be living in an oyster. Pop culture, particularly social media, is all about pearls. Pinterest forecasted through its community data that pearls and pearlescent details […]
Jewelry Industry Statistics and Trends: April 2022
May 3rd, 2022
Industry Snapshot Early sales figures set the stage for continued growth By Harold Dupuy, FGA Quick Links: Jewelry Sales Overview • The Economy • The Metal Markets • U.S. Consumers • Diamond Industry • In Closing There is light at the end of the pandemic tunnel. While the Omicron variant rapidly appeared, it is now […]
How Sustainability Is Driving Diamond Sales
May 3rd, 2022
For Good Reason Sustainability is key in sustaining diamond sales By Deborah A. Yonick Next to food and clothing, fine jewelry ranks as the third most frequently purchased category based on sustainability considerations among consumers. In fact, sustainability considerations are on par with price and design for jewelry consumers worldwide, according to De Beers’ 2021 […]
The Growing Interest in Men’s Jewelry
April 3rd, 2022
Jewelry for Every Man Exploring the current surge of interest in men’s jewelry By Deborah A. Yonick Men wearing jewelry is not a new phenomenon. But the attention men’s jewelry has been getting lately is quite spectacular, thanks in no small part to a host of young male celebrities donning jewelry, including pearls, with confidence. […]
Catching the Next Big Style Trend
April 3rd, 2022
What’s Ahead Amy Elliott on catching the “Next Big Trend” By Shawna Kulpa Do you always feel like you’re behind the eight ball when it comes to jumping on board with fashion trends? If so, don’t feel bad; it’s just the nature of jewelry and the fashion cycle. With fashion, a style is spotted on […]
Cultural Issues Influencing Jewelry Design
November 4th, 2021
The Winds of Change Consumer cultural trends and their influence on fine jewelry design By Deborah A. Yonick According to the Plumb Club’s Industry & Market Insights 2021 study, fine jewelry design in the coming year is expected to be influenced by key consumer cultural trends, including social responsibility, activism, the blurring of gender and […]
Jewelers and the LGBTQ+ Community
November 4th, 2021
Stop Chasing Rainbows How jewelers can best reach out to LGBTQ+ consumers By Deborah A. Yonick Although the jewelry industry has done a good job of embracing its members that hail from the LGBTQ+ community, it hasn’t always done a great job reaching out to the larger community of LGBTQ+ consumers. Some might even say […]
Jewelry Industry Snapshot: Sept. 2021
October 15th, 2021
A look at the industry’s post-pandemic recovery progress By Harold Dupuy Quick Links:COVID-19 • The Economy • Precious Metals • Jewelry Sales • Online Sales • Jewelry Imports • Inflation • In Closing The post-pandemic recovery has exceeded most expectations. Many factors assisted the rapid recovery: the federal government stimulus programs, increasing personal income, increasing […]
Leaps and Bounds
September 26th, 2021
Lab-grown diamonds growing market By Deborah A. Yonick Lab-grown diamonds aren’t going anywhere. These laboratory creations have demonstrated steady growth driven by consumer demand that has organically developed over the past decade. And according to industry experts, that growth is only going to continue. In its long-term outlook for the diamond industry through 2030, global […]
Nature Calls
September 26th, 2021
Pantone spring color pallete rejuvinates By Deborah A. Yonick Hues illustrative of nature topped Pantone’s spring fashion color palette for 2021, as spied in ready-to-wear fashions launched during New York Fashion Week, which was conducted virtually in September. The season’s palette pops with a sunny yellow hue called Illuminating, warm golden Marigold, refreshing Mint green, […]
By Popular Demand
September 2nd, 2021
FURA Gems launches marketing council to grow color stone market By Deborah A. Yonick FURA Gems, the Dubai-based precious gemstone producer, has a plan and $2 million to undertake an ambitious marketing program for emeralds, rubies, and sapphires that it’s banking will benefit the color stone industry at large. Earlier this summer, it launched the […]
Looking Up
August 18th, 2021
A positive outlook for fourth-quarter jewelry sales By Deborah A. Yonick If multiple surveys and reports are any indication of how fine jewelry will fare this holiday season/fourth quarter amid COVID-19, people will be buying a lot of fine jewelry for themselves and their loved ones to wear with their sweats. And it’s already happening: […]
Snapshot: October 2020
August 18th, 2021
A look at the latest jewelry industry statistics By Harold Dupuy, DPA The saying “we live in unprecedented times” has never been more appropriate. Three months ago, I erroneously thought that COVID-19 would be a thing of the past by now. However, I and many others were wrong. On the flip side, some positive business […]