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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
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
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
Lussier Explains How Retailers Can Raise the Quality of Marketing
In this video, Stephen Lussier, the CEO of Forevermark and the executive vice president of marketing for De Beers, advised retailers to tell the story about diamonds in order to captivate consumers and draw them into a store....
Marketing Jul 01, 2015 Rapaport News
blue nile diamonds
Blue Nile Improves Margins, Observes 'Challenges' in the Sector
Blue Nile Inc.'s sales improved 2.6 percent year on year to $106.4 million in the first quarter that ended on April 5. Cost of sales rose 2.2 percent to $86.5 million and profit jumped 10 percent to $1.2 million...
Financial-Legal May 08, 2015 Jeff Miller
Nikolay Piriankov
Online Jewelers Lack Engagement with Customers
Rare Pink was launched in 2013 as a jeweler focused on creating bespoke engagement rings for its customers. The startup was recently named New Jeweler of the Year by the British Jewellers' Association having increased its...
Retail Feb 20, 2015 Avi Krawitz
shopping app
Blue Nile's Christmas Quarter and Fiscal Year Profit Drops
Blue Nile Inc.'s revenue rose 7.9 percent to $157.5 million in the fiscal fourth quarter that ended on January 4 and included one additional week. Sales for that extra week accounted for $5.9 million...
Financial-Legal Feb 10, 2015 Jeff Miller
pure grown
Fiancé Proposes With Pure Grown Diamond to Support Conflict-Free Gems
Press Release: As Southern University's Marching Band formed human letters spelling-out, "Marry Me," a special half-time squad rolled-out a enormous Pure Grown Diamonds gift box to mid-field where alumnus Calvin Mills, Jr., proposed to Brittany...
Marketing Dec 02, 2014 Pure Grown Diamonds
blue nile diamonds
Blue Nile's Revenue +7%, Profit -43% in 3Q
Blue Nile Inc. reported that sales rose 6.9 percent year on year to $105.8 million in the third quarter that ended on September 28. Cost of sales increased 8.3 percent to $86.9 million and income plummeted...
Financial-Legal Oct 30, 2014 Jeff Miller
blue nile diamonds
Blue Nile's 2Q Sales -1%, Profit -2% to $2M
Online diamond retailer Blue Nile's sales declined 1.3 percent year on year to $106.6 million for the second quarter that ended on June 29. The company's cost of sales fell 1.7 percent to $86.4 million....
Financial-Legal Aug 05, 2014 Jeff Miller
JIC's Fifth Ultimate Proposal Contest Opens
The Jewelry Information Center (JIC) opened its fifth annual "Ultimate Proposal Contest" at www.JIC.org, launching a nationwide search for the best proposal story involving a platinum engagement ring. This year, the grand prize...
Marketing Jun 10, 2014 Jeff Miller
shopping app
Blue Nile to Present Its Growth Strategy Reboot at LoyaltyExpo
Blue Nile Inc. will present its reinvention success story at the seventh annual Loyalty Expo, presented by Loyalty360 – The Loyalty Marketer’s Association, in Orlando, Florida from March 17 to 19. The online diamond retailer titled...
Marketing Jan 28, 2014 Jeff Miller
Tacori Engagement Ring
TACORI Unveils 'The Serving Tray,' 'The Lock' Ad Campaigns
Diamond brand TACORI unveiled the latest installment of its “Iconic Passion” advertising campaign with two new images, “The Serving Tray” and “The Lock,” both of which were shot by Raymond Meier. The Lock...
Marketing Aug 13, 2013 Jeff Miller
Ultimate Theatrical Production Wins Proposal Contest
The Jewelry Information Center (JIC) named Kevin Dietzler, the creator of "An Unforgettable Performance," as the winner of the fourth annual Ultimate Proposal Contest. Dietzler produced a theatrical performance that also tapped the talents...
Marketing Jun 13, 2013 Jeff Miller
blue nile diamonds
Blue Nile's 1Q Sales +17%, Profit Jumps to $832K
Blue Nile's first-quarter sales rose 16.9 percent year on year to $97.1 million for the period that ended on March 31, while costs of sales jumped 17.2 percent to $79.5 million. The online retailer of diamonds...
Financial-Legal May 02, 2013 Jeff Miller
JIC Launches Fourth Annual 'Ultimate Proposal Contest'
The Jewelry Information Center (JIC) launched its fourth annual ''Ultimate Proposal Contest'' at www.JIC.org/contest to again find a couple with the best proposal story. This year, the grand prize winner receives a bridal shopping...
Marketing Feb 27, 2013 Jeff Miller
rachel zoe
PGI-USA, Rachel Zoe Form Platinum Promo Partnership
Platinum Guild International USA (PGI-USA) and designer Rachel Zoe formed a new partnership to promote platinum jewelry. As part of the campaign, Zoe curated a gallery of her favorite platinum bridal designs in a variety of price points and...
Marketing May 01, 2012 Jeff Miller
jewelry spending
Click to play
Jewelry Spending Surveys Point Higher
Download MP3 audio file.Surveys from American Express, Sears, and the National Retail Federation (NRF) point to strong jewelry sales leading up to Valentine's Day, February 14. According to NRF’s 2012 Valentine’s Day Consumer Intentions...
Research Feb 01, 2012 Rapaport News
JIC to Launch Third Ultimate Proposal Contest
Jewelry Information Center (JIC) is launching the third annual ultimate proposal contest as part of its campaign to encourage retailers to engage its bridal customers. JIC will launch the contest on February 21, 2012, in a nationwide search...
Retail Jan 25, 2012 Avi Krawitz
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