DW JAN - FEB 2020
The Big Story - G & J Trade Loses Momentum, Thanks to Coronavirus
The Big Story - G & J Trade Loses Momentum, Thanks to Coronavirus
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Special Feature<br />
SOUTH<br />
Brides love bling<br />
In bridal jewellery, the younger<br />
generation is more into rings, tops,<br />
pendants etc. In the south, long<br />
chains are more in demand especially in a<br />
set with choker, bangles and earrings. Hair<br />
accessories is yet another thing people<br />
like to wear in south Indian weddings<br />
and these days they like the accessory to<br />
be in diamonds instead of gold. “Earlier,<br />
the trend was to buy gold pieces, however,<br />
now the trend is changing and people<br />
are looking forward to buying diamond<br />
jewellery and incorporating one or two<br />
pieces of the same to their bridal looks.<br />
Mid-level customers prefer carat sizes<br />
from .50 to 1 ct and for people with more<br />
disposable income one cannot predict, as<br />
they could buy anything over and above 1<br />
ct ,” says Joy Alukkas of Joyalukkas.<br />
Earlier, the trend was to buy gold<br />
pieces, however, now the trend is<br />
changing and people are looking<br />
forward to buying diamond<br />
jewellery and incorporating<br />
one or two pieces of the same<br />
to their bridal looks. Mid-level<br />
customers prefer carat sizes from<br />
.50 to 1 ct and for people with<br />
more disposable income one<br />
cannot predict, as they could buy<br />
anything over and above 1 ct<br />
Joy alukkas, Joyalukkas<br />
Under 1 ct diamond rings<br />
for the win<br />
The new-age brides in<br />
the south are informed<br />
jewellery buyers. They<br />
always look for wearability, quality<br />
and above all a reflection of their<br />
individual style statement while<br />
buying jewellery. As a result, they<br />
now prefer to include diamond<br />
jewellery in their bridal ensemble.<br />
Lightweight and delicate<br />
necklaces, diamond earrings,<br />
diamond mangalsutra, diamond<br />
rings and diamond bangles are in<br />
the demand at the moment. “We<br />
have witnessed sizeable demand<br />
for diamond necklaces in the<br />
recent past, as they act as a graceful<br />
style statement on the D-Day.<br />
Engagement rings under 1 ct size<br />
are in demand at the moment. As<br />
India is a gold consuming nation,<br />
Light & Breezy<br />
the demand for gold jewellery will<br />
always be there. However, due<br />
to evolving fashion sensibilities,<br />
there is a consumer segment<br />
emerging in the country which<br />
is showing inclination towards<br />
buying diamond jewellery,” says<br />
Ahammed MP of Malabar Gold &<br />
Diamonds.<br />
We have witnessed<br />
sizeable demand for<br />
diamond necklaces in the<br />
recent past, as they act as<br />
a graceful style statement<br />
on the D-Day. Engagement<br />
rings under 1 ct size are in<br />
demand at the moment<br />
ahammed Mp, Malabar<br />
Gold & Diamonds<br />
Southern brides these days prefer smaller jewellery pieces with the<br />
rise in the price of gold. People are spending less these days so<br />
with less budget, they can afford to buy light-weight jewellery.<br />
“Earlier for weddings, consumers would come looking for heavy jewellery<br />
but nowadays they have become extremely confused in buying jewellery.<br />
They don’t spend like earlier. The average budget for a piece of diamond<br />
jewellery is 1 to 2 lakhs and with engagement rings, they prefer buying<br />
50 cent rings ,” adds Varghese Alukka of Jos Alukkas.<br />
Earlier for weddings, consumers would come looking<br />
for heavy jewellery but nowadays they don’t spend<br />
like earlier. The average budget for a piece of diamond<br />
jewellery is 1 to 2 lakhs and with engagement rings, they<br />
prefer buying 50 cent rings<br />
Varghese alukka, Jos Alukkas<br />
88 | january-february <strong>2020</strong> | DiamonD WorlD