Increased synthetic-diamond production led to a price drop last year, giving lab-grown a greater share of the fashion-jewelry market, according to Bain & Company.Production of lab-grown diamonds has seen double-digit growth over the past two years, reaching 6 million to 7 million carats in.
The diamond supply chain will return to pre-pandemic levels between 2022 and 2024, led by economic recoveries in China and the US, according to Bain & Company.“For natural diamonds, we saw great interest and return-to-growth trajectory both in the US and China once lockdowns were lifted and.
Esther Fortunoff’s store has been through a lot in the nearly 100 years it’s been in business. Her grandparents Max and Clara Fortunoff opened the shop in 1922 as a New York-based housewares store, but it segued to include jewelry in 1957. In 2005, the family sold the majority share in the.
The shop of the future will feature online concierge services and allow customers to buy on the web and collect in-store. Retail will work in a whole new way. Are jewelry retailers prepared for this shift?
The key is to listen and respond to what the public wants, according to panelists on.
Pandora shuttered approximately 30% of its retail network in January amid a new outbreak of coronavirus cases.Most of the store closures were in Europe, with all its UK shops shut as the country battles a more severe variant of the virus, a spokesperson for the Danish jeweler told Rapaport News.