30.09.2022 Views

Jeweller - October 2022

Seeking clarity: Understand the outlook for the diamond industry Aussie, Aussie, Aussie: Homegrown jewellery brands continue to shine brightly Christmas presents: New and exciting designs ready for the busy season

Seeking clarity: Understand the outlook for the diamond industry
Aussie, Aussie, Aussie: Homegrown jewellery brands continue to shine brightly
Christmas presents: New and exciting designs ready for the busy season

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

FEATURE<br />

Local Brands<br />

AUSTRALIAN BRANDS<br />

STRENGTHEN THE MARKET<br />

L to R: Opal Minded; Autore Pearls;<br />

Ellendale Diamonds; Sapphire Dreams; Gerrim<br />

SAMUEL ORD examines the unique appeal of Australian jewellery brands<br />

and highlights the importance of supporting local creators.<br />

The international COVID pandemic disrupted<br />

the Australian consumers and suppliers for<br />

more than two years in an increasingly<br />

globalised jewellery trade.<br />

With the closure of international borders causing seemingly<br />

endless supply chain headaches for retailers, along with the<br />

subsequent impact of inflation, there was one positive to be<br />

found for many Australian based manufacturing and brands.<br />

With limited access to international inventory the opportunity<br />

arose for home-grown brands to be placed under a brighter,<br />

less competitive spotlight. Better still, according to a recent<br />

study from market research firm Roy Morgan, an increased<br />

focus on Australian brands is exactly the kind of market local<br />

consumers hope to see.<br />

The findings of the examination into Australian consumer<br />

habits released in July this year revealed that Australians<br />

are now less likely to purchase international brands –<br />

particularly those originating from China – than they were<br />

prior to the pandemic.<br />

“The latest Roy Morgan research into preference for<br />

Australian-made goods showed that a high 96 per cent of<br />

Australians in March <strong>2022</strong> say they would be more likely to<br />

buy a product if they knew it was ‘Made in Australia’ – up<br />

9 per cent points from early in 2020,” the report states.<br />

With most of <strong>2022</strong> now in the rear-view mirror, the question<br />

now is have these Australian brands been able to preserve<br />

that connection with local consumers?<br />

Identity and trust<br />

Gerri Maunder believes that the Australian identity is<br />

uniquely woven into her ethos, which is to offer customers<br />

fine jewellery worthy of becoming a family heirloom.<br />

Based in Queensland and armed with more than 25 years of<br />

experience in jewellery design and manufacturing, Gerrim<br />

International has evolved into a brand that pursues elegance<br />

and style with each piece.<br />

Co-director Maunder explains “COVID forced all businesses<br />

to re-think how they operate.”<br />

Steve Der Bedrossian<br />

Sams Group Australia<br />

“Sapphire Dreams is the<br />

first of its kind and the only<br />

Australian jewellery brand<br />

that celebrates Australian<br />

sapphires and their<br />

breathtaking colour range,<br />

which is unlike anywhere<br />

else in the world.”<br />

Gersande Price<br />

Ellendale Diamonds Australia<br />

"The pandemic, having<br />

clipped the wings of us<br />

all to be able to travel and<br />

source worldwide with ease,<br />

we believe has benefited<br />

homegrown Australian<br />

brands, tremendously."<br />

Rosario Autore<br />

Autore Pearls<br />

“As the second largest<br />

producer and quota holder in<br />

Australia, I can confidently say<br />

Australian South Sea pearls<br />

are widely recognised on the<br />

international market as the<br />

most valuable in the world.”<br />

“Our mantra has always been that if a product we offer is<br />

made and manufactured in Australia, we will be able to<br />

deliver that product to a retailer in 7–10 business days.<br />

We’ve always said that, and we’re proud of that part of<br />

our business.”<br />

She continues: “Suppliers are, essentially, solution-based<br />

businesses. Retailers need stock – and they want the<br />

supplier to offer a solution – to provide the stock and deliver<br />

it on time. It doesn’t have to be any more complicated<br />

than that. We also understand that the jeweller is in turn<br />

attempting to offer a solution to their customer.”<br />

Georgini is another Australian jewellery brand that launched<br />

in 2004 with the aim of combining modern elegance with<br />

innovative fashion-forward design.<br />

Managing director Melinda Carey echoes Maunder’s<br />

sentiment and stresses the importance of mutual trust<br />

between suppliers and retailers and says brands that<br />

focus on capturing the hearts and minds of local consumers<br />

possess a unique advantage exiting the pandemic.<br />

“One of the great movements we saw throughout the<br />

pandemic was the swing to shop local and support local<br />

brands,” Carey tells <strong>Jeweller</strong>.<br />

“With slow consumerism on the rise, buyers are making<br />

conscious and considered choices and choosing brands that<br />

have authenticity and story and are home-grown. This is<br />

wonderful for the Australian jewellery industry.”<br />

Local diamonds and gemstones<br />

Aside from being a unique and naturally rich country,<br />

Australia not only boasts beautiful beaches, diverse wildlife,<br />

and the iconic outback. It is also the point of origin for some<br />

of the most prized and rare gemstones in the world.<br />

And of course, Australia’s pink diamonds lead the world<br />

in rarity. That said the raw material is the starting point,<br />

however; what consumers want is products and brands.<br />

Ellendale Diamonds Australia is one such business that has<br />

helped elevate Argyle pink diamonds to an internationally<br />

recognised, and unique, product.<br />

Sales and marketing manager Gersande Price is another

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!