It wasn’t that long ago that the thought of buying a $10,000 or $20,000 engagement ring online was unthinkable, and yet today, thanks to advances in technology and increasing comfort with digital transactions, a growing number of consumers wouldn’t have it any other way, especially...
Even though it’s known for dazzle, jewelry’s past wasn’t always principled, giving us the made-up Hope Diamond “curse” and the very real brutality of the blood diamond trade, all of which create ideal market conditions for ethically sourced sustainable jewelry on its continued rise. It’s...
Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring online jewelry retailer Blue Nile and that it has lowered its guidance for full fiscal year 2023. With the acquisition...
It can be argued that direct-to-consumer aspect of retail has lowered the entry barrier and served as a catalyst for startups. Over the last few years, direct-to-consumer (DTC) retail has seen an immense growth trajectory. Due to eCommerce’s impact on retail, merchants have taken note...
February 22, 2024
In a market as highly fragmented as the global jewelry industry, sourcing precious stones can be an extremely difficult undertaking for retail buyers. Jewelers typically need to contact various sellers, often with no guarantee of available stock. And even when they find what they need, shipping and transaction costs become a hassle, especially when dealing […]
August 09, 2022
Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring online jewelry retailer Blue Nile and that it has lowered its guidance for full fiscal year 2023. With the acquisition of Blue Nile for $360 million in an all cash […]
