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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

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