Michael Hill To Launch New High-end Diamond Jewelry Model
China was notably problematic over the last two years when its share dropped from 9% of revenues in 2019 to 5% in 2021. The U.S. market powered much of the Danish company’s progress, with year-over-year organic gross sales up 58%. In one other first, the us reached $1.1 billion in gross sales in 2021 and now accounts for 30% of total gross sales, up from 24% in 2020.
The newest iterations are less gimmicky and extra wearable, shattering the notion that they can’t be worn every day and making a robust case for the title of jewelry. TALIA PAZ reports on the thriving category of sensible jewelry and why retailers should pay attention. She says designs like Unsaid’s bubble-cut diamond ring (the largest lab-grown diamond ring yet), Patcharavipa’s diamond briolette and bead designs, and novelty cuts by the likes of Dayagi Diamonds – duck-shaped diamond, anyone?
Despite a market slowdown until December 30 as a end result of soaring gold prices at Rs 64,000 per 10 gm, South India witnesses a 15% increase in vintage jewelry demand. The pattern signifies a mix of custom and fashionable design, in accordance with industry leaders. The introduction of new materials, similar to plastics, …