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Time for the Trade to Reengage with Bridal
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There’s a caveat that Stephen Lussier emphasizes when marketing diamonds to millennials as a symbol of love. The industry needs to recognize that love may not entail the formality of marriage, the De Beers head of marketing stressed in an interview...
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Marketing
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Mar 13, 2019
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Avi Krawitz
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Couples Paying Less for Rings, Survey Shows
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The average amount US couples spent on engagement rings dropped 2% in 2018, according to a survey The Knot released lastweek. While 28% of the 14,000 respondents spent more than $6,000on their ring, the national average was...
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Retail
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Feb 19, 2019
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Rapaport News
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Engagement Ring Prices On the Rise, Says The Knot
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Prospective grooms are spending significantly more money and time on their engagement ring purchase than they did five years ago, research by wedding resource website The Knot showed. The average amount grooms...
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Retail
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Nov 16, 2017
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Rapaport News
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US Engagement-Ring Spending Flat at $3.4K
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The amount US couples spent on wedding andengagement rings went largely unchanged in the second quarter, according todata The Wedding Report released Sunday.The average outlay on engagement ringsslipped 0.2% to $3,399 in the second quarter, from...
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Retail
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Aug 14, 2017
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Rapaport News
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Engagement-Ring Prices Stable at $3.4K
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The price of engagement and wedding rings in the US hasn’tchanged much since last year, according to data that research group The WeddingReport released Monday.The average groom spent $3,406 on a ring for the proposalduring the...
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Retail
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Jun 12, 2017
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Rapaport News
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Brides Uninspired by Emerald-Cut Diamonds
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Emerald-shape diamonds have limited popularity among people seekingan engagement ring, according to the latest survey by The Wedding Report.Some 38.3 percent of the respondents would avoid the style, accordingto the poll of couples visiting...
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Retail
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Sep 07, 2016
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Rapaport News
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Average Engagement Ring Price Falls
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The average price of an engagement ring in the U.S. fellslightly in the second quarter to $3,360, according to the latest data from TheWedding Report.This represents a decline of 0.5 percent from $3,378, whichwas the average price in the...
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Retail
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Aug 09, 2016
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Rapaport News
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