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Engagement
Couples Prefer Customization over Size
Couples are prioritizing personalization and overall costand quality rather than size when buying engagement rings, according to asurvey by wedding-planning resource The Knot. Some 45% of engagement rings contain custom-designedelements, the publication noted...
Retail Nov 05, 2019 Rapaport News
De Beers Insight Report Oct 2019
More Brides Buying Their Own Engagement Rings
US women increasingly buy engagement rings forthemselves, and spend more on them than their partners do, De Beers said Mondayin its annual Diamond Insight Report. The proportion of engagement rings financed solely by brides rose...
Retail Oct 29, 2019 Rapaport News
James Allen synthetic
Signet Enters Lab-Grown Market
James Allen has launched sales of lab-grown diamonds,marking parent company Signet Jewelers’ entry into the synthetics market. The e-commerce business, which Signet acquired in 2017,now gives consumers the option of “earth-created” or “lab-created” stones...
Retail May 05, 2019 Rapaport News
Time to reengage with bridal
Time for the Trade to Reengage with Bridal
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...
Marketing Mar 13, 2019 Avi Krawitz
The Knot
Couples Paying Less for Rings, Survey Shows
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...
Retail Feb 19, 2019 Rapaport News
wedding report
Engagement-Ring Demand Fell in 2018 – Poll
Fewer US consumers bought jewelry for their weddings in 2018, while the number of couples opting for engagementrings also dropped, according to The Wedding Report. The proportion of couples that bought an engagement ring when getting...
Polished Markets Feb 13, 2019 Rapaport News
Patrick Evans
Ex-Dominion CEO to Launch Lab-Grown Venture
The former CEO of Dominion Diamond Mines is launching alab-grown-diamond venture targeting the bridal market, the Financial Timesreported. Patrick Evans’s company will produce synthetic stones at aUS location with access to cheap solar power,...
Technology Jan 15, 2019 Rapaport News
Megan Markle engagement ring
What We Know About Meghan Markle’s Ring
The UK’sPrince Harry has revealed how he proposed to Meghan Marklewith a custom-designed ring featuring a center diamond from Botswana and twomore stones from his mother, Diana. “The ring is yellow gold, because that’s [Markle’s]favorite,...
Polished Markets Nov 28, 2017 Rapaport News
Tacori Engagement Ring
Engagement Ring Prices On the Rise, Says The Knot
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...
Retail Nov 16, 2017 Rapaport News
Emerald cut diamond
Stars Prefer Emerald Cut for Engagement Rings
Emerald-cut diamonds are the top choicefor celebrities getting engaged in 2017, according to a survey.Analysts studied 100 celebrityproposals of the past few years, from Kate Middleton, Duchess of Cambridge, toreality-TV personality Kim Kardashian, looking at cut,...
Polished Markets Aug 31, 2017 Rapaport News
Engagement ring
US Engagement-Ring Spending Flat at $3.4K
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...
Retail Aug 14, 2017 Rapaport News
Diamond engagement ring 140
Engagement-Ring Prices Stable at $3.4K
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...
Retail Jun 12, 2017 Rapaport News
Forevermark De Beers diamond choke necklace
De Beers: Women Self-Purchasing More Diamonds
Millennials are increasingly buying diamond jewelry forthemselves, helping drive retail sales in the US to record levels, according toresearch by De Beers.Sales of bridal jewelry have been stable in markets wherethere is a tradition of giving engagement rings, but other...
Retail Jun 04, 2017 Rapaport News
tiffany small
Court Tells Costco to Pay $13.75M to Tiffany
Costco Wholesale was ordered to pay $13.75 million to Tiffany & Co. after selling counterfeit diamond engagement rings bearing the jeweler's name.A Manhattan jury awarded Tiffany $5.5 million in compensation on September 29 and a further...
Financial-Legal Oct 06, 2016 Rapaport News
Seattle
Blue Nile to Open Webroom in Seattle
Blue Nile will open a ‘webroom’ near its headquarters inSeattle, Washington, as the online diamond retailer expands itsbricks-and-mortar footprint with its fifth physical store.The ‘webroom’ concept allows customers to try out engagementrings on-site...
Retail Sep 07, 2016 Rapaport News
Emerald
Brides Uninspired by Emerald-Cut Diamonds
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...
Retail Sep 07, 2016 Rapaport News
Engagement ring
Average Engagement Ring Price Falls
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...
Retail Aug 09, 2016 Rapaport News
Pippa Middleton
Pippa Middleton Ring Spurs Asscher Cut Craze
Asscher-cut diamonds have soared in popularity since PippaMiddleton received an engagement ring with the fancy shape, according to 77Diamonds.Middleton, the Duchess of Cambridge’s younger sister (pictured), gotengaged to hedge fund manager James Matthews over the...
Polished Markets Jul 24, 2016 Rapaport News
tiffany small
Tiffany Highlights Artisans in Ad Campaign for 130 Years of Iconic Ring
Tiffany & Co. is focusing on the artisans behind its classic diamondengagement ring in a year-long advertising campaign to mark the 130thanniversary of the iconic jewelry piece.Single anddouble-page spreads headlined with the phrase “I WILL” are followed...
Marketing Jan 19, 2016 Rapaport News
Theknot
Survey Shows Steady Rise in Engagement Ring Spend
The average amount men spend on an engagement ring in theU.S. has increased to $5,978, according to the latest survey by popular onlinewedding resource The Knot.The figure represents an 11 percentincrease on the average spend in 2013, according to The Knot...
Retail Dec 14, 2015 Rapaport News
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