Blogs
It’s a Woman’s World
The Future is Female The purchasing power of women in the United States ranges from $5 trillion to $15 trillion annually, touting Girl Power Marketing, communication, influencers, and brand experiences agencies. Women control more than 60% of all personal wealth in the U.S. Over the next decade, women will control two-thirds of all consumer wealth […]
Color Optimism
Consumers are discarding traditional color guidelines in fashion in favor of more color experimentation year round, and that’s reflected in the 16 hues Pantone is touting in its spring palette. For the first time in the 23 years since Pantone has been promoting the top 10 colors awash on the runways of leading fashion designers, […]
The Plumb Club Announces Agreement with JCK Through 2025
The Plumb Club announced that they have reached an agreement with JCK and will continue their presence as an anchor of the JCK Las Vegas Show through 2025. The Plumb Club, a nonprofit trade association of leading and important suppliers spanning all facets of the jewelry, diamond and watch industries, and its well-known pavilion at […]
Fashion’s Color Connection
The seasonal color palettes promoted by Pantone can help jewelers connect with fashion. Speaking the Pantone language communicates color in a way that resonates with consumers by reinforcing popular hues seen in other categories. The Pantone colors can help jewelers to market jewelry in new and exciting ways, especially because they go hand-in-hand with fashion […]
TPC’s August Podcasts Help Retailers Understand
Supply Chain & Diamond Trends
Podcasts Provide Strategies, Knowledge, and Immediately Actionable Steps from Industry Leaders New York – The Plumb Club’s podcasts for August are now available online. This month’s podcasts, from industry veterans and Plumb Club Members, help retailers understand the diamond supply chain, give retailers a look at diamond trends and provide a point of view on […]
For 2018, Be Market-Centered
Bain & Company just released its predictions for the luxury market in 2017, calling for 5% growth this year to reach €1.2 trillion globally. After what it calls a “reboot” from 2015 to 2016, it sees the luxury market reaching a “new normal” of 4% to 5% annual growth through 2020. The management consulting firm […]
Make It Personal
When it comes to buying fine jewelry, the stakes are much higher, for both the gift giver and self-purchaser. Made of precious metals and stones, fine jewelry is typically priced higher than that of costume and tends to carry more emotional weight in its purchase. Championing the competitive edge are specialty jewelers that offer a […]
Omni-Channel Surfing
The biggest retail trend for 2018 is the growth of omni-channel retailing, a combination of both in-store and online shopping that’s experienced seamlessly across multiple channels via whichever mode the customer prefers, cites the customer relationship management platform Salesforce. Omni-channel retailing links all channels together, combining the showroom and website to create a unified experience. […]
Holidays’ Opportunity
The December holiday shopping season is upon us, and for retail jewelers it’s their do-or-die month, with 20% of their annual sales expected to come in the last four to five weeks of the year. That’s about as much as jewelers make during each of the first three quarters of the year (21%, 23% and […]
Be a Gift Destination
“The perfect gift is the one you didn’t know existed, but once you open it, you realize it’s what you’ve always wanted.” This quote, attributed to American short story and children’s book writer Sandra Tayler, is something gift-givers hope to achieve, with every occasion challenging us on what to get for the people we love. […]