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Yahoo
27-06-2025
- Business
- Yahoo
United States Jewelry Market Report 2025-2030: Millennials and Gen Z Drive Jewelry Demand with Eco-Conscious Choices
The U.S. Jewelry Market, valued at USD 78.40 billion in 2024, is projected to reach USD 97.62 billion by 2030, growing at a CAGR of 3.72%. The ring segment leads, capturing over 43% of market share, while diamond shows the fastest growth. Unbranded and offline segments dominate, and the market sees significant interest from millennials and Gen Z. Key growth drivers include the rising popularity of wedding jewelry and lab-grown diamonds. Major players like Tiffany & Co. and Pandora lead ongoing trends in personalization. Ethical sourcing and custom designs are reshaping consumer preferences. U.S. Jewelry Market Dublin, June 27, 2025 (GLOBE NEWSWIRE) -- The "U.S. Jewelry Market - Focused Insights 2025-2030" report has been added to U.S. Jewelry Market was valued at USD 78.40 billion in 2024, and is projected to reach USD 97.62 billion by 2030, rising at a CAGR of 3.72%. The U.S. jewelry market is set to grow due to growth in wedding and engagement jewelry and a rise in demand from millennial and Gen Z TAKEAWAYS By Product Type: In 2024, the ring segment held the largest market share of over 43%. By Material Type: The diamond segment shows the highest growth, with a CAGR of 3.97% during the forecast period. By Category: The unbranded segment accounted for the largest market share. By Distribution Channel: The offline segment leads the U.S. jewelry market, with the largest share in 2024. By Age Group: The 25-44 segment shows significant growth, with the fastest-growing CAGR during the forecast period. By Gender: The female segment dominates and holds the largest share of the U.S. jewelry market. RECENT VENDOR ACTIVITIES On May 19, 2024, luxury jeweler Harry Winston made headlines as a 29.29-carat diamond ring from the brand was listed for auction at Bonhams New York. Expected to fetch up to $1.9 billion at the June 6 auction, the D-color, VVS2-clarity, type IIa marquise-cut ring exemplifies Harry Winston's legacy in crafting rare, valuable, and historic gemstones. The event highlighted not only the brand's timeless appeal but also the vibrancy of the U.S. high jewelry auction scene, where collectors seek heritage and prestige. On May 3, 2025, Pandora launched a special-edition heart-shaped silver charm in collaboration with UNICEF, featuring a blue center stone representing the organization's signature color. This initiative reflects Pandora's continued commitment to social responsibility and has contributed to raising nearly $14 million over the past five years to support global youth education, particularly for girls, reinforcing the brand's impact-driven engagement in the U.S. and global jewelry markets. US JEWELRY MARKET TRENDS & DRIVERS Personalization and CustomizationPersonalization and customization are among the most prominent trends in the US jewelry market. This trend is particularly popular among younger consumers, including those in the 25-44 age group, who prioritize unique and meaningful purchases over mass-produced items. Brands are responding by offering a wide range of customization options, such as engraving names, initials, significant dates, or personalized messages on rings, necklaces, bracelets, and even watches. Custom-made designs, where customers can collaborate with jewelers to create one-of-a-kind pieces, have gained significant traction, particularly in the fine jewelry and bridal segments. Companies like Tiffany & Co. and Pandora have implemented successful personalization strategies, offering customizable charms, birthstone jewelry, and engraved wedding bands. Moreover, the ability to modify or combine existing collections (e.g., stacking rings, interchangeable pendants, or modular bracelets) allows customers to craft jewelry that resonates with their individual preferences. As this trend grows, technology has also played a role, with several brands using 3D design tools that enable customers to visualize and personalize jewelry designs Popularity of Lab-Grown DiamondsLab-grown diamonds, or synthetic diamonds, have seen a significant rise in popularity within the US jewelry market, driven by both ethical considerations and cost-effectiveness. These diamonds are chemically, physically, and optically identical to natural diamonds but are produced in a controlled environment in laboratories, making them more affordable and sustainable. For environmentally conscious consumers, lab-grown diamonds offer an attractive alternative to mined diamonds, which have been associated with negative environmental impacts and human rights concerns, such as exploitation in some mining regions. The growing awareness about these issues has led to a surge in demand for ethically sourced alternatives. Lab-grown diamonds are also gaining traction among younger consumers who prioritize sustainability, with many opting for them as part of a broader trend toward eco-conscious consumption. The affordability of lab-grown diamonds makes them appealing for engagement rings and fine jewelry without sacrificing quality or appearance. Brands such as Brilliant Earth, James Allen, and Clean Origin have capitalized on this trend, offering a wide range of lab-grown diamond jewelry. As technology advances, the cost of lab-grown diamonds continues to decrease, making them an increasingly viable option for mainstream in Demand from Millennial and Gen Z ConsumersMillennials and Gen Z have significantly increased their share of jewelry consumption, driven by shifts in lifestyle, technology, and evolving values. These generations are reshaping the way jewelry is purchased, worn, and perceived, leading to new market opportunities and growth across various jewelry segments. For example, Millennials and Gen Z are more likely to purchase jewelry online, as they value the convenience of e-commerce, access to a wider range of styles, and the ability to compare prices quickly. This has led to the rise of online-only jewelry brands and platforms that cater to their preferences. Moreover, these younger generations are not as loyal to traditional jewelry brands but are more inclined to explore independent designers and boutique labels. Jewelry that aligns with their values - such as sustainability, diversity, and inclusivity - has become increasingly appealing. For instance, companies like Brilliant Earth, which emphasize conflict-free diamonds and ethical sourcing, resonate strongly with Millennial and Gen Z buyers who are more socially conscious and environmentally aware. The demand for "affordable luxury" and fashion-forward jewelry is rising among these younger consumers. This shift is pushing traditional luxury brands to adapt their offerings to be more affordable and inclusive, thus expanding their appeal to a wider RESTRAINTS Fluctuating Raw Material PricesThe prices of raw materials used in jewelry production, such as gold, silver, diamonds, and platinum, are subject to volatility due to a variety of factors, including global supply-demand imbalances, geopolitical tensions, and natural disasters. Fluctuating prices can significantly affect the profitability of jewelry manufacturers, as these materials account for a large portion of production costs. Gold, for example, is a highly traded commodity, and its price is influenced by a range of external factors, including inflation rates, currency fluctuations, and market speculation. When gold prices rise sharply, it can lead to increased costs for consumers and create pricing pressure for jewelry brands. For manufacturers, high raw material costs may mean they need to raise prices or reduce profit margins to remain competitive, which can affect overall LANDSCAPEThe U.S. jewellery market report consists of exclusive data on 26 vendors. Tiffany & Co., Signet Jewelers, Harry Winston, CHANEL, and Cartier represent a diverse competitive landscape, each catering to distinct segments within the luxury and high-end jewelry industry. Tiffany & Co. is renowned for its iconic blue box and emphasis on accessible luxury, blending timeless designs with modern sensibilities. Signet Jewelers, the largest specialty jewelry retailer, dominates through a wide array of brands, including Kay Jewelers and Zales, offering both mass-market and higher-end Winston is synonymous with rare, high-quality diamonds, serving an ultra-luxury niche with its exclusive and bespoke offerings. CHANEL, with its fashion-forward approach, combines jewelry with its broader brand presence, focusing on a sophisticated and exclusive clientele. Cartier, a prestigious name in haute joaillerie, continues to lead with its heritage of craftsmanship, luxury, and iconic designs, appealing to the elite. While these brands have different positioning and target audiences, they all maintain their dominance in the US jewelry market through distinct value propositions rooted in quality, craftsmanship, and brand Vendors LVMH Signet Jewelers Harry Winston Richemont Pandora Other Prominent Vendors VRAI Aether Diamonds Brilliant Earth HStern Swarovski Chopard The Clear Cut Graff Boucheron Gorjana & Griffin Mikimoto CHANEL Alex and Ani Charles & Colvard Camille Jewelry Mejuri Astrid & Miyu David Yurman Le Vian TACORI Simon G. Jewelry Key Attributes: Report Attribute Details No. of Pages 99 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $78.4 Billion Forecasted Market Value (USD) by 2030 $97.62 Billion Compound Annual Growth Rate 3.7% Regions Covered United States SEGMENTATION & FORECASTS By Product Type Rings Necklaces, Pendants, Chains Earrings Bracelets Others By Material Type Diamond Gold Platinum Others By Category Unbranded Branded By Distribution Channel Offline Online By Age Group Below 25 25-44 45 & Above By Gender Female Male For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment U.S. Jewelry Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
The Guardian
25-06-2025
- Science
- The Guardian
Red-letter day as gemologists discover why crimson diamonds are so rare
Red diamonds are some of the rarest gems on the planet: only 24 stones of more than one carat (200 milligrams) have been publicly recorded. Now, one of the finest red diamonds – the Winston Red – has gone on public display at the Smithsonian National Museum of Natural History in Washington DC. The special stone was donated to the museum in December 2023 by Ronald Winston, son of the late American jeweller Harry Winston, and new analysis has revealed what gives it its intense red hue and where it probably came from. Gemologists and researchers probed this rare gem using a variety of imaging techniques and their results, published in Gems and Gemology, show that the diamond contains a special type of nitrogen and is made up from a deformed crystal lattice of tightly stacked pink to red layers. The incredibly intense heat and pressure conditions needed to produce these features are unusual and help to explain why brilliant crimson diamonds like the Winston Red are so very rare. The earliest record of this splendid gem is from 1938, when Jacques Cartier sold the stone to the Indian maharajah of Nawanagar. This date, along with the chemical and structural makeup of the gem and the way it had been cut, have helped to narrow down the most likely birthplace to mines in Brazil or Venezuela.
Tatler Asia
18-06-2025
- Entertainment
- Tatler Asia
The prosperity story behind iconic jewellery
Unlimited Above De Beers Forces of Nature Brooch In his typically irreverent style, Jeff Goldblum once again proved that flair transcends convention. On the lapel of his sequinned jacket, four jewellery brooches from De Beers' Forces of Nature collection glimmered: Magnetism—a constellation of 15.40 carats of white diamonds; Spirituality—resplendent with 20.94 carats; a delicate Butterfly; and the ethereal Enchanted Lotus. Together, they formed a constellation of creativity. Lucky shine Above The Lu Droplet Stiletto earrings by Hearts on Fire dazzle with 22 brilliant-cut diamonds, capturing the essence of morning dew The Lu Droplet Stiletto earrings by Hearts on Fire dazzle with 22 brilliant-cut diamonds, capturing the essence of morning dew. As jewellery crafted in 18 karat white, yellow or rose gold, their refined silhouette makes a poised yet powerful statement, lending polish to any ensemble. Renaissance Heritage Above Buccellati Idyllium Floralis Bracelets and Rings Buccellati continues to honour age-old goldsmithing with time-honoured methods like hand engraving, each design a subtle nod to the Renaissance. The Idyllium Floralis Eternelle ring exemplifies this devotion with white and yellow gold entwined with lilac enamel bands, adorned with miniature floral garlands. A total of 158 brilliant-cut diamonds catch the light, with a matching bracelet completing the set. Read more: Chaumet and the love story of Napoleon and Josephine: When love inspires the legacy of haute joaillerie Flow of prosperity Above Chow Tai Fook fish pendant, from the Hua Collection Ride the current of abundance with Chow Tai Fook's symbolic fish pendant, a tribute to heritage goldsmithing with details shaped by filigree, casting, and pavé. The pendant's flexible tail lends movement to the piece, evoking the fish's determined ascent upstream. It is more than jewellery—it's a talisman, crafted to accompany one through life's highs and hurdles with grace. Three-tone gold Above A sophisticated combination of white, rose and yellow gold, the Cartier Trinity necklace strikes a balance between power and poise A sophisticated combination of white, rose and yellow gold, the Cartier Trinity necklace strikes a balance between power and poise. The 43cm chain reimagines Louis Cartier's original 1924 creation, its interlocking circles a timeless emblem of unity and individuality. Eternal Moment Above Harry Winston Ruby Ring—no ordinary jewel When Tatler encountered this rare creation from the Harry Winston archives—an oval ruby ring—it was clear this was no ordinary jewel. Set in platinum and flanked by two luminous white diamonds, the ruby's allure lies in its rarity. With stones over three carats becoming ever scarcer, this piece feels destined to become iconic. Back to the starting point Above Dickson Yewn Floral Lattice Gecko and Lily Pad Square ring Dickson Yewn is renowned for designs that transcend convention, and this intricate ring, part of his Floral Lattice collection, is no exception. Inspired by scenes from an ancient Chinese courtyard once beloved by royal literati, the piece is rendered in 18k yellow gold and finished with brilliant-cut diamonds. A quiet homage to history, viewed through a modern lens. Rich mandarin ducks Above Swarovski Swan pendant features iconic motif of two swans To mark its 130th anniversary, Swarovski reimagines its iconic motif of two swans nestled in a heart-shaped embrace. Among the variations, one stands out: a duet of gold-tone and rhodium-plated swans, glittering with pavé Swarovski Zirconia. Suspended from a graceful chain, the design underscores the brand's enduring expertise in crystal artistry. Open the sparkling way Above John Hardy JH Essential Pavé Necklace Though delicate in form, a necklace can make the most memorable impression. Take this pavé number from John Hardy's JH Essential collection. Its 14-karat gold design is adjustable, with a diamond-set chain that adds texture and depth. Elegant yet adaptable, it lends itself to both daywear and occasion dressing. Lucky yellow snake Above The Mikimoto Snake Brooch is enjoying a renaissance The brooch is enjoying a renaissance—and Mikimoto's Year of the Snake design captures its charm in full. Available in 18k yellow gold or sterling silver, each version is distinct. The gold piece features a playful snake coiled around a platinum branch, accented with garnets. The silver counterpart, meanwhile, is paired with a deep spinel. Both designs are crowned with Akoya cultured pearls—long associated with luck and prosperity. Personal mark Above Hermès Clou de Forge earrings in rose gold and diamonds From the Clou de Forge collection by Hermès, these earrings fuse sculptural elegance with a sense of mischief. Crafted in 18-karat rose gold and set with radiant diamonds, the earcuff silhouette makes its debut in the Objects Spring–Summer 2025 collection, bringing a subtle yet striking flourish to the modern wardrobe. NOW READ Tiffany & Co. and a dive into the heart of the ocean in 'Sea of Wonder' What makes ceramics so attractive in the world of jewellery? Cartier tells stories through culture and craft in Singapore's historic spaces
Elle
16-06-2025
- Entertainment
- Elle
The Splendor of Harry Winston
Harry Winston has consistently made waves and commanded their presence in the spotlight. This is the jewelry house that was once the home of the Hope Diamond (among many other historic gems). Its founder was dubbed 'King of Diamonds' for his uncanny ability to source phenomenal stones from all corners of the globe, and jewels from the House's coffers have accompanied many an award winner onstage. But the buoyant mid-twentieth century marked a particularly impressive set of milestones for Harry Winston. In 1952 the house was reported as having the world's second-largest collection of historic jewels, trailing only the British royal family. Its place as a pop-culture icon was firmly secured when a certain blonde film megastar name-checked the House during an onscreen dance number. And she was by no means alone—all the era's most prominent tastemakers were clamoring for Harry Winston jewels. One reason for that long list of accolades is the House's pitch-perfect ability to craft classic, extravagantly beautiful jewelry that strikes a powerful emotional chord. Take, for example, the Great design has a way of bringing people together, especially when it's able to inspire hope and joy with a glance. And a piece of exceptional jewelry such as these can inspire for a lifetime, and beyond. Botanical Beauty The Sunflower Collection reinterprets the unmistakable silhouette of the blossom as an exceptional jewel. A central gem—a diamond or precious colored gemstone—surrounded by a halo of eight diamond petals forms the motif that repeats across the collection. Never out of fashion in the 75 years since it was first introduced, it exudes bright, unpretentious delight that will be equally adored in generations to come. Harry Winston Brilliant Blooms To mark the 75th anniversary of Sunflower, two new gemstones have joined the collection's luminous palette. Each brings with it a fresh, distinctive point of view. Vivid emeralds burst with vitality and evoke the spirit of nature, while luscious pink sapphires are subtle and alluring. They join earlier interpretations of Sunflower with precious stones at their center: classic white diamond, radiant yellow diamond, majestic blue sapphire, and seductive red ruby. Open Gallery Sublime Symmetry Single-minded devotion to creating spectacular jewels with nature's most prized and rare materials is what made Harry Winston a legend. That legacy remains constant today with every jewel that bears his name—very much including the Sunflower Collection. Each piece is fashioned from platinum—treasured for its supreme luster and strength that holds every gem with total security—by the House's artisans. Open Gallery Floral Forms Endlessly adaptable and utterly timeless, Sunflower translates to any hour of the day, every moment in a full and vibrant life. The collection extends from casual essentials—delicate pendant necklaces and studs, petite rings—that make everyday dressing a special event. And still its high-jewelry offerings, such as a necklace composed of end-to-end diamond sunflowers totaling more than 25 carats, are the showstoppers of galas, red carpets, and best-dressed lists. Open Gallery
Forbes
02-06-2025
- Business
- Forbes
Museum Quality Boucheron ‘Juno' Pendant Could Fetch $300,000
A fancy light blue diamond ring with an estimate of $2 million - $3 million A 14.52-carat fancy light-blue diamond is the top lot at Bonhams New York Jewels auction on June 12. The heart-shaped diamond is mounted on a ring within a surround of round brilliant-cut diamonds and diamonds with a pink tint. Its estimate is $2 million to $3 million. A spinel. emerald, diamond and cultured pearl pendant, estimate of $300,000 - $500,000 The number two lot of the sale is an unsigned multi-gem 18k white gold pendant featuring a 50.63-carat unheated Sri Lankan rectangular-cut spinel within a frame of round brilliant, baguette and tapered baguette-cut diamonds. Suspended from the centerpiece is two round pearls and a 7.8-carat briolette-cut emerald and more diamonds. Its estimate is $300,000 - $500,000. The upcoming 126-lot auction at Bonhams Madison Avenue saleroom features several fancy-colored diamonds, a collection of emeralds, sapphires and rubies, and signed pieces from prestigious jewelry houses including Bulgari, Cartier, David Webb, Graff, Harry Winston, JAR, Oscar Heyman, Taffin, Tiffany & Co., Van Cleef & Arpels, and Verdura. Important pieces from French jewelers Boucheron and René Boivin play a significant role in the sale. Boucheron Art Nouveau enamel, sapphire and diamond 'Juno' pendant, circa 1900. Estimate is $200,000 ... More - $300,000 FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder For example, there's a Boucheron Art Nouveau enamel, sapphire and diamond pendant, circa 1900, with a design that features a female form of carved white jadeite depicting the goddess Juno, the queen of the gods, goddess of marriage, and protector of women and the family. Her hair is of textured gold and crowned with blue, green and purple enamel, accented by old European-cut diamonds and gold beads. Her dress of purple enamel is set with a cushion-shaped yellow sapphire framed by old European-cut diamonds. Ornate peacocks with blue, green and purple enamel with diamond accents are flanked on either side of the Juno figure. Green and blue enamel peacock feathers support a detachable pendant set with a pear-shaped yellow sapphire framed by old mine-cut diamonds. The pendant is signed FIC Boucheron for Frédéric Boucheron, Paris, the founder of the famed Place Vendôme jeweler and has an estimated sapphire weight of 20.30 carats. This rare pendant which was exhibited at the 1900 Paris World's Fair has an estimate of $200,000 - $300,000. Caroline Morrissey, Bonhams director and head of Jewelry, New York, said the Boucheron pendant 'epitomizes the Art Nouveau movement with its flowing, organic lines inspired by nature. The elaborate enamelwork and unique gemstone settings underscore the craftsmanship and artistry, creating a sense of fantasy and romance. It is a rarity for a museum quality jewel like this to come to market.' René Boivin colored diamond and diamond brooch, circa 1937. Its estimate is $150,000 - $200,000 Another sale highlight is a René Boivin colored diamond and diamond orchid brooch, circa 1937. Designed as an orchid, the petals are set throughout with round brilliant and old European-cut diamonds, further enhanced by round brilliant, old European and single-cut diamonds of a yellow tint. The brooch has an estimated total diamond weight of 20 to 25 carats and estimated total colored diamond weight of 15.30 carats. Its estimate is $150,000 - $200,000. Other New York Jewels highlights include: A Fancy yellow diamond and diamond ring with an estimate of $170,000 - $270,000 A diamond ring, centering a 16.76-carat cushion-shaped fancy yellow diamond of VS1 clarity, flanked by two bullet-shaped diamonds. Its estimate is $170,000 - $270,000. Taffin diamond earclips with an estimate of $160,000 - $240,000 A pair of Taffin diamond earclips. Each centered with a square emerald-cut diamond, one weighing 5.16 carats and the other weighing 5.04 carats. Its estimate is $160,000 - $240,000.
