Jeweller - July 2019
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ENGAGEMENT AND BRIDAL<br />
Love<br />
All for<br />
NEW TRENDS ARE SHAKING<br />
UP THE ENGAGEMENT-RING<br />
SECTOR. ARABELLA RODEN<br />
DISCOVERS HOW JEWELLERS<br />
ARE ADAPTING TO THE<br />
CHANGING TASTES AND<br />
BUDGETS OF CONSUMERS<br />
diamond is forever is one of the most-effective<br />
marketing campaigns of all time. Seven decades<br />
since De Beers launched its 1948 sales pitch, more<br />
than 70 per cent of engagement rings still feature a<br />
classic white diamond.<br />
The trend seems to be turning, however, as more couples opt<br />
for fancy-colour diamonds, unusual gems and fancy shapes in<br />
order to tell their unique love story.<br />
“The bridal market is changing and the bridal consumer is<br />
changing,” Stephen Lussier, chairman of consumer products at<br />
De Beers, recently told JCK.<br />
SAMS Group CEO Steve der Bedrossian, whose company<br />
distributes Pink Kimberley and Blush Pink Diamonds, agrees:<br />
“Couples are looking at different options to style up their<br />
engagement rings,” he says. “Due to social media, clients are<br />
shown far more styles than what they would in a jewellery<br />
store, which influences every detail in a design.”<br />
At the same time, retail jewellers are evolving their design<br />
processes and sales techniques in order to accommodate the<br />
changing desires, expectations and budgets of this category’s<br />
<strong>July</strong> <strong>2019</strong> <strong>Jeweller</strong> 17