Harris Jewelry, the 18-store, New York–based chain that served members of the military, has closed all its stores, though it will still operate online and via phone. The news first appeared in the Jewelers Board of Trade’s weekly alert. The 65-year-old company, also known as Harris Originals, tells JCK: “On or about April 11, Harris made…
Tag: jewellery market
【int’l】Global Diamond Jewelry Sales Rise 4% to $86 Billion in 2018
Global diamond jewelry sales grew 4% over last year to $85.9 billion in 2018, driven by persistently high demand in the first half of the year, according to Alrosa’s global luxury and jewelry market research. The global jewelry market grew at a slightly slower pace than the 5% growth achieved in 2017, a softening the miner attributes…
【int’l】What Amazon Can (and Can’t) Do With Its Jewelry Brands
Last September, Amazon registered two new trademarks for online jewelry products: For Keeps by Amazon and Mia Noir. They could join the e-tail giant’s extensive private-label jewelry brand, Amazon Collection, which now comprises more than 3,000 items. Amazon has been in the private-label business for about a decade. According to TJI Research, it now has a stable of 138 names and 427 exclusive brands. And clearly…
6 Energizing Jewels to Welcome Spring
This weekend, for many of us across the United States, is daylight saving time. For this time of year, that means we “spring forward” by setting the clocks forward one hour, thereby “losing” an hour of the day. This brings about some mixed emotions—never mind the controversy that observing daylight saving stirs up. On the…
【Local】Hong Kong Jewelry and Luxury Items Sales Rebound in January
Hong Kong’s retail sales of jewelry, watches and other valuables in January 2019 were up 4.7% year-on-year after falling by 5% in December, according to statistics released by the HK government, as increased tourism from the Mainland and early Lunar New Year shopping lifted overall retail sales. The Hong Kong Tourism Board reported that January tourist…
【int’l】JCK’s 150th: Walter McTeigue on What JCK Means to Him
JCK magazine is celebrating its 150th anniversary this year! And to honor that milestone, we’re talking to 150 veteran jewelry professionals in 2019—for a magazine feature series (that will also run online) designed to wrangle the voices of some of the industry’s most influential and enduring players. Because we can’t publish the interviews in their entirety in print, we’re posting them here, on JCKonline.com, every Thursday. …
【本地】90後青年設珠寶售賣機 以創意對抗貴租
香港土地問題嚴重,不單對年輕人置業有影響,亦可能令有志創業的年輕人多了顧慮,因為創業成本之一的租金亦會提高。要成功創業,必須靠新點子突圍而出。90後的蔡晧進(Johnlan)就想到用奇招對抗貴租,利用平時賣汽水、零食的自動售賣機,作為自家珠寶品牌的售賣點,售賣自家品牌Esp.AGAPE的珠寶及香水。 售賣機具概念性 望打入年輕市場 在英國設計學校畢業的Johnlan,是珠寶品牌Esp.AGAPE創辦人兼設計師。因父親同樣從事珠寶行業,Johnlan自小耳濡目染,對珠寶、首飾設計產生興趣。眼見新式的售賣機可擺放產品之餘又能投放廣告,令他覺得大有可為。從英國回流香港的他坦言,香港的店鋪租金遠超出他的想像,曾查詢過旺角、銅鑼灣等旺區的商店租金,深感難以應付,所以選擇售賣機來代替實體店。 他認為,現時珠寶行業予人感覺較為傳統,亦日漸式微,難以吸引年輕的客戶。他希望,以這種銷售渠道可省卻租金的開支外,亦可以新的營銷方式,可為珠寶行業帶來新意,藉此將珠寶打入年輕人市場。 銷售方式被動 主力以社交媒體宣傳 Esp.AGAPE的售賣機於去年12月起放於尖沙咀的一個商場內,作為一間無實體店的品牌,是怎樣洽談到合作的機會?Johnlan表示,他們曾向不同的商場傾談合作,但只有這次成功。他認為,作為新品牌難以覓得合作機會,但相信有完善的市場計劃,了解商場的需要及主要客戶群,終會成功。這次合作的商場,看準他的產品主攻中高收入的年輕人,並以新穎的方式銷售,與商場敢於創新的形象吻合,故提供一年的合作機會。 經過聖誕及年末的消費旺季,Johnlan坦言目前銷情仍未如理想,暫以3年內回本作為目標。雖然售賣機的銷售方式較為被動,但他認為,售賣機是一個未來可發展的銷售模式,相信沒店員推銷,能令顧客更專注挑選產品。無人推銷,宣傳及推廣就變得更為重要。他現時集中精力用社交媒體宣傳,拍攝了一系列愛情故事的影片作廣告,希望藉以吸引更多客人。 節省人力物力 以產品質量回饋顧客 用售賣機銷售,產品又不一定是廉價,品牌的珠寶主要來自於南非和斯里蘭卡,持有GIA國際認證,由Johnlan親自挑選及設計。他將節省了的租金及人力,放在產品的設計上,希望用售賣機銷售,能以高質素的產品、相宜的價格來回饋顧客。 (2019年2月11日,資料來源:香港經濟日報)
【int’l】The Jewelry Industry Shrank Again in 2018
The traditional jewelry industry continued to consolidate in 2018, with 1,064 North American jewelry companies discontinuing operations last year, though the number of companies entering the business rose nearly 30 percent, according to the annual statistics compiled by the Jewelers Board of Trade (JBT). The 1,064 discontinuances break down to 893 retail jewelers (852 in the United States, 41…
