The following tables embody the latest out there membership and retailer depend knowledge, supplied by the 4 buying teams exclusively to Jeweller. While three buying teams experienced declines in membership over the course of 2020 – largely attributed to COVID-19 and expected retirements – new buying group Independent Jewellers Collective notably surpassed its launch goal of 40 member stores. The ‘virtual buying trip’ ran from July to September and linked jewellers with diamantaires through video-conferencing, in addition to offering marketing supplies to advertise the stones and encourage pre-orders. Following a year of unprecedented upheaval, Jeweller revisited the 4 jewelry trade buying groups profiled in our March report to explore how they have tailored and supported members throughout COVID-19. The rigidity between lab-created and natural diamonds should settle as soon as possible.
- Jewellery shoppers are more and more feeling driven to make clever selections about their jewellery.
- Hill has noticed a continuation of the buyer development toward sustainability, accountability, and narrative-driven sales.
- Before launching IJC, Zarb conducted a evaluate of the marketplace so as to discover the new buying group’s niche.
- A curated selection of jewellery pieces highlighting fresh design ideas and endearing narratives is captivating the fantastic jewelry commerce.