Author: Ruchi Singla

Studs has announced plans to further increase its physical presence with the opening of 10 new stores throughout the year. This development is part of the company’s strategy to cement its position in the market by reaching more customers through an expanded brick-and-mortar network. Strategic Growth in Physical Retail Founded in 2019, Studs has swiftly adapted its business model in response to the challenges posed by the pandemic. Initially focusing on digital sales during temporary store closures, the company resumed its physical retail expansion in April 2021. The recent opening of a 1,457 square foot location in New York City’s…

The Jewelers of America (JA) alongside the GEM Awards Committee, has officially announced the honorees for the forthcoming GEM Awards ceremony. Scheduled for March 8, 2024, at Cipriani 42nd Street in New York City, the event is set to celebrate distinguished achievements within the realms of Jewelry Design, Media Excellence, Retail Excellence, Lifetime Achievement, and introduces a Special Recognition Award. “The completion of Tiffany’s holistic four-year-long interior renovation of the Fifth Avenue location, rechristened The Landmark, was the biggest jewelry event of the last year and ignited enthusiasm around the world to visit and shop at the New York City…

The Knot’s 2023 Real Weddings Study, examining the preferences and behaviours of nearly 10,000 US couples married in 2023, offers a comprehensive glimpse into the evolving wedding scene.  This research underscores a significant transition towards more experiential celebrations, deeply influenced by popular culture and an emphasis on personalisation. For jewellers and the wider jewelry industry, these findings suggest a shift in consumer preferences that could impact future trends and demand. Key Findings and Engagement Rings Stats Diamond Dominance: Diamonds continue to reign as the preferred stone for engagement rings, with 85% of engagements featuring a diamond. However, a notable shift…