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
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Local Brands | FEATURE<br />
advantage. Price says local suppliers are able to offer local<br />
insight and knowledge that international companies can’t<br />
match.<br />
“Sourcing from local brands is of great advantage to<br />
retailers on both the local and international stages.<br />
Having a local point of contact offers so many pluses.<br />
For example, at Ellendale Diamonds Australia, local<br />
retailers can view our inventory prior to selection, including<br />
in-store viewing with our friendly and experienced team,”<br />
she explains.<br />
Unlike other industries, the international jewellery sector<br />
still maintains businesses with a long family history – often<br />
over generations – with a legacy to protect. It’s also true<br />
for retailers; Australia can demonstrate jewellery stores<br />
still in the hands of the family over many decades.<br />
And when coupled with suppliers that began business as<br />
local manufacturers supplying to local retailers, it adds<br />
to the home-grown feeling of both businesses supporting<br />
each other. This fact was endlessly demonstrated<br />
throughout the pandemic where consumers went out<br />
their way to support local manufacturers, often knowingly<br />
paying a higher price.<br />
Being an Australian company became a distinct advantage.<br />
For example, Paterson Fine <strong>Jeweller</strong>y boasts a proud<br />
history having been founded in 1935 by Keith Paterson. The<br />
Gerri Maunder<br />
Gerrim<br />
"Suppliers are, essentially,<br />
solution-based businesses.<br />
Retailers need stock – and<br />
they want the supplier to offer<br />
a solution – to provide the<br />
stock and deliver it on time. It<br />
doesn’t have to be any more<br />
complicated than that."<br />
Melinda Carey<br />
Georgini<br />
"When brands have that<br />
‘you need us more than we<br />
need you mentality’, it's never<br />
great. We have seen this<br />
countless times in the last<br />
couple of years. Australian<br />
brands are not like that!"<br />
company is rapidly approaching the 100-year mark and is<br />
currently under the leadership of managing director David<br />
Paterson – grandson of the founder.<br />
Another business with a long history is Palloys, established<br />
in 1951. When it comes to supplier guarantees it’s<br />
difficult to look past the ‘Palloys Promise’ as an industry<br />
benchmark – which is a pledge to use 100 per cent<br />
Australian refined and internationally accredited precious<br />
metals with a price-beat guarantee.<br />
One jewellery business that highlights the significance of<br />
quality local manufacturing is Mark McAskill <strong>Jeweller</strong>y.<br />
Based in South Australia, it offers jewellers everything<br />
from bespoke design to large production runs and aims<br />
to provide quick local supply.<br />
Georgini’s Carey agrees with Price and says that local<br />
supply and quality customer service can’t be overlooked.<br />
She points to the importance of holding stock for the<br />
customer, avoiding six month ordering lead times: “Ease<br />
of stock supply and access to excellent staff are the most<br />
significant advantages to purchasing locally,” she tells<br />
<strong>Jeweller</strong>.<br />
“When brands have that ‘you need us more than we<br />
need you mentality’, it's never great. We have seen this<br />
countless times in the last couple of years. Australian<br />
brands are not like that! We want all parties to succeed<br />
The<br />
Elizabeth<br />
Ring<br />
9ct gold and diamonds<br />
A timeless classic<br />
birthstone ring<br />
03 9764 2165<br />
sales@lacouronnejwl.com.au<br />
www.lacouronnejewellery.com.au