Leading Bridal Jewellery Market Holds Firm as Wedding Rates Decline

The amount couples splash on engagement and wedding rings has held steady in the United States, one of the world’s biggest wedding markets, despite the fact that the number of weddings (and overall wedding day spend) has fallen.

Related Blogs: IJL Reveals the Top 6 Jewellery Trends of SS/19

According to The Wedding Report, which conducts market research into the weddings market, the number of weddings in the United States edged down to 2.18 million in 2017 from 2.21 million in 2016.

The average cost of a wedding in the United States eased to $25,760 in 2017 from $26,720 in 2016, while total wedding sales in the United States fell to $56.27 billion in 2017 compared to $59.09 billion in 2016.

The Wedding Report has attributed the fall in the cost of weddings to less spending on transport, entertainment and beauty services, as couples increasingly seek non-traditional options.

Related Blogs: Trend Forecast Data Helps Designers Boost Sales

According to a recent report by Rapaport magazine, couples are prioritising the quality of experience at weddings.

The trend is to invite fewer guests, but to spend more per guest to enhance the experience.
Despite the declining outlay on weddings seen in the United States, spending on engagement and wedding rings has held steady.

The Wedding Report notes that the average groom spent $3,406 (£2,625.92) on a ring for the proposal during the first three months of 2017.

Wedding rings for the bride cost $786 (£606) on average, while the price of men’s wedding bands was stable at $456 (£351).

A potential bright spot for couples contemplating getting married is that the prices of the precious metals used in engagement and wedding rings, have slumped this year.

Related Blogs: Bridal Jewellery Trends Inspired by Prince Harry and Meghan Markle

Gold prices sank to the lowest in a year in mid-July, in part due to a buoyant dollar. The surging dollar has made dollar-denominated gold more expensive in other currencies.

Prices of two other important bridal metals, platinum and palladium, have dropped sharply so far this year, pressured by worries over industrial demand for the white metals which are used in catalytic converters in vehicles.

2018 Wedding Trends

According to leading wedding planning website, Hitched, there are some clear trends emerging for weddings in 2018. These include:

  • Industrial-looking venues, including warehouse style buildings full of character
  • Minimal and clean colour palettes and stripped back styling
  • Fresh green foliage decorations without the usual flowers
  • Rose gold and geometric, copper-toned table decorations

Woodland, Midsummer Night’s Dream-inspired jewellery and bridal jewellery collections may hit the mark in the summer of 2018, while minimal trilogy designs, inspired by the likes of the Duchess of Sussex, will undoubtedly continue to soar.

Related Blogs: Investment Jewellery in the Spotlight at Auction

IJL is #withyou offering insights into wedding jewellery and the international bridal market. Discover the Bridal Showcase at this year’s IJL from September 2-4, 2018. Register to attend today!

Discover the full list of IJL 2018 Exhibitors, here. 

New features for IJL 2018; The UK’s International Jewellery Trade Show

London, 18 July 2018: International Jewellery London (IJL), the UK’s leading trade event for the international jewellery industry, will return to Kensington Olympia from 2-4 September 2018 with an expanded events programme, and will showcase the latest ranges from over 550 high end, finished jewellery manufacturers and designers, and loose gemstones and retail services suppliers.

Birmingham’s Jewellery Quarter comes to London
Craftsmanship and design are at the heart of International Jewellery London in 2018. IJL will also focus its attention on one of the UK’s most inspiring and historic centres of jewellery excellence: Birmingham’s Jewellery Quarter. There will be an exhibit, hosted by Birmingham School of Jewellery, talks, features and more celebrating the history, present and future of the Quarter and its significance to UK jewellery industry.

A window on retail
Retail and customer experience will be centre stage at IJL this year with retail windows on display around the champagne bar. IJL will announce retailers and designers who will be showcasing the art of window dressing shortly. IJL will also be exploring digital retail opportunities with seminars including, “Think Like a Customer in a Digital World”.

IJL Seminar streams
The relaunched IJL Inspire Seminar Programme will frame the debate at the UK’s jewellery trade fair. It will open the stage to discuss issues that matter and trends that shape jewellery and watches from across the industry. IJL has welcomed submissions from everyone across the jewellery ecosystem from emerging design talents to established brands, with retailers, buyers, designers, gem dealers, Assay offices and suppliers. Seminars announced to date include At the Heart of Luxury – Keeping the Cachet at any Price?, Understanding Coloured Diamonds and Happy Exits: Succession Planning for your Business

IJL Live
For the first time, IJL will record interviews with exhibitors and visitors and features from the show floor. This will be centred around the IJL Live studio on the Grand Hall Gallery. Interviews will be broadcast via IJL Live’s YouTube channel, Instagram and other social media. Exhibitors can request interview footage to share on their own channels.

Growing Chinese PR opportunities
IJL has launched a Weichat channel to reach more Chinese jewellery industry including buyers and designers. This will include content from IJL, their exhibitors and other UK jewellery industry news and views. Please send any relevant press releases or information for the Chinese market to ijl@midaspr.co.uk.

Inspire Magazine
IJL is producing a glossy magazine during the show to promote jewellery.

Bridal showcase
There will be a new Bridal showcase and trends report on the Catwalk at IJL, in addition to a seminar focused on this important theme.

IJL is sponsored by the NAJ and supported by the GIA, Gem-A, The Houlden Group, The Company of Master Jewellers, The Responsible Jewellery Council, Euromonitor and CIBJO.

IJL offers buyers the largest variety of gemstones under one roof in Britain today — an unparalleled array of exquisite gems, including white and colour diamonds, rubies, emeralds and sapphires, as well as fabulous colour stones, such as tourmalines, citrines, and garnets, both in loose form and set in contemporary and vintage jewellery. International Jewellery London delivers year-round inspiration, innovation, education and new business opportunities.

Register to visit now: http://www.jewellerylondon.com/registerinvite

– ENDS –

For media enquiries please contact Leighanne Murray, Midas PR, Leighanne.murray@midaspr.co.uk / 0207 361 7860

IJL Invites entries to 2018 Editors’ Choice Awards with NEW independent retail categories

The winners in six categories will be announced at IJL on the evening of Sunday, September 2. 

Press Release [London, 22 June 2018]: International Jewellery London (IJL) is pleased to announce that this year’s Editors’ Choice Awards – judged by a panel of industry media stars – will include categories open to independent retailers and jewellery buyers, retailers and e-commerce specialists from IJL’s Diamond Club for the very first time.

These popular industry awards are hosted annually to spotlight the excellence, originality and creativity of the jewellery industry as it fills Olympia during IJL. Although historically only open to IJL exhibitors, this year’s awards will recognise exhibitors AND visiting retailers in six revamped categories.

Exhibitors, visiting retailers and IJL Diamond Club Members are invited to nominate themselves, or others, by the deadline of 31 July, 2018.

The winners will be chosen from a shortlist selected by a panel of industry journalists and editors. In an exciting change from previous years, the winners in all six Editors’ Choice Awards categories will be announced in front of industry peers at the IJL evening party on Sunday, 2 September.

 

The IJL Editor’s Choice Award Categories are:

FOR EXHIBITORS

  1. Designer to Watch: Exclusively for IJL 2018 exhibitors in the Design Gallery and Designer Brands areas, this award recognises creativity, passion and awareness of commercial appeal.
  2. Innovator 2018: This award is dedicated to recognising innovative techniques, skilled craftsmanship and unusual materials among IJL 2018 exhibitors.
  3. Overall Excellence: For leading lights, fast-growing brands and exceptional suppliers, the Overall Excellence award celebrates the IJL 2018 exhibitor dedicated to market-leading performance.

 

FOR RETAILERS:

  1. Digital Leader: Entries are encouraged from e-commerce giants, emerging e-commerce stores and retailers making their mark in a digital world.
  2. Retail Star: Honouring the independent retailer that has overcome obstacles to become a force to be reckoned with on the High Street.
  3. Diamond Club Member of the Year: Members of IJL’s iconic Diamond Club are welcome to enter this award, whether they are buyers, retailers or e-commerce specialists.

Ahead of being announced at IJL, a shortlist of brands and businesses in the running to win each award will be revealed to the press in August.

Katie Morris: Head of Buyer Programmes, IJL, said:

“The Editors’ Choice Awards are continually evolving, just like IJL, to ensure we showcase the best and the brightest in our trade. By including retail-specific categories for the first time, we can highlight the visiting businesses that form an integral part of the IJL community, while also spotlighting the amazing things happening in our Diamond Club. I encourage everyone to enter and nominate before the deadline.”

Winning brands and businesses of the Editors’ Choice Awards 2017 included Insignety, Les Georgettes and Nadine Aysoy, among others.

To find out more about the IJL Editors’ Choice Awards, please visit jewellerylondon.com/ Whats-On/Editors-Choice-Awards

Registration for IJL 2018 is now open. To complete our trade-only registration process, please visit jewellerylondon.com/register

  • ENDS –

 

For media enquiries please contact Leighanne Murray, Midas PR, Leighanne.murray@midaspr.co.uk / 0207 361 7860

Notes to Editors:

About International Jewellery London:

IJL 2018 will run from 2 to 4 September at Kensington Olympia, London.

International Jewellery London delivers year-round inspiration, innovation, education and new business opportunities.

International Jewellery London is the UK’S leading trade event for the international jewellery industry. The event showcases the latest product ranges from over 550 high-end, finished jewellery manufacturers, designers, loose gemstones, and retail services suppliers.

IJL attracts an unparalleled range of jewellery focussed and pre-qualified buyers from 64 countries in an exclusive trading environment to do business, share knowledge and network in the heart of London, the UK’s style capital.

Inspiring the industry for over 60 years, IJL showcases future industry trends, provides 100% free education and attracts an unrivalled selection of consumer and trade press. IJL is sponsored by the NAJ and supported by the GIA, Gem-A, The Houlden Group, The Company of Master Jewellers, The Responsible Jewellery Council, Euromonitor and CIBJO.

For further information please visit www.jewellerylondon.com

About Reed Exhibitions:

Reed Exhibitions is the world’s leading events organiser, with over 500 events in 30 countries. In 2015 Reed brought together over seven million event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 40 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events.

It is part of the RELX Group plc, a world-leading provider of information solutions for professional customers across industries. Jewellery and Fashion Accessories events are: Jewelers International Showcase (JIS) in January and April; Girls Jeweller Tokyo (IJT); Bijorhca Paris; JCK Tuscon; Tokyo Fashion Jewellery Expo (April); Garderobe; International Jewellery & Watch Show (JWS); International Jewellery Kobe (IJK); Luxury and JCK Las Vegas.

For further information please visit: www.reedexpo.com

 

Champagne Thiénot releases a new Blanc de Blancs NV

Champagne Thiénot releases a new Blanc de Blancs NV

“A cuvée which expresses, simply and cheerfully, the nobility of Chardonnay. A natural tribute to this wonderful grape variety ambassador of freshness and finesse, pillar of the style of the House. ” N.Uriel, cellar master.

The idea behind the Cuvée Thiénot Brut Blanc de Blancs is that of a handover between two Cellar Masters, a four-hand partition between Laurent Fédou and Nicolas Uriel, the transmission of a unique know-how from a master to his pupil.

Beautiful interpretation of great chardonnays, the two maestros have developed an original wine that celebrates the delicious and joyful characteristics of this variety. This new Cuvée refines and completes the classic range of the House in a style of its own around freshness, fruit and the finesse.

TERROIR/BLEND

The House has selected the finest Chardonnays mainly from Crus d’Avize, Villers-Marmery, Vertus and Vitryat. Avize and Vertus offer the straight and sharp character of Grands Crus while Villers-Marmery Chardonnays are more full-bodied and structure the blend. As for the grapes from Vitryat, they bring the cheerful and delectable side to the wine.

CELLARS AGEING

4 years in our cellars at Rue des Moissons

TASTING NOTE

Light and bright yellow in colour with some subtle green reflections. The nose is dominated by notes of lemon and orange blossom, typical of great chardonnays. The palate, tight, has pastry notes and a remarkable length, revealing an elegant and generous wine.

Champagne Thiénot Blanc de Blancs will be sold for a recommended price of £45 – Stockists: Champagne One, Eagles Wines.

Leading Bridal Jewellery Market Holds Firm as Wedding Rates Decline

The amount couples splash on engagement and wedding rings has held steady in the United States, one of the world’s biggest wedding markets, despite the fact that the number of weddings (and overall wedding day spend) has fallen.

Related Blogs: IJL Reveals the Top 6 Jewellery Trends of SS/19

According to The Wedding Report, which conducts market research into the weddings market, the number of weddings in the United States edged down to 2.18 million in 2017 from 2.21 million in 2016.

The average cost of a wedding in the United States eased to $25,760 in 2017 from $26,720 in 2016, while total wedding sales in the United States fell to $56.27 billion in 2017 compared to $59.09 billion in 2016.

The Wedding Report has attributed the fall in the cost of weddings to less spending on transport, entertainment and beauty services, as couples increasingly seek non-traditional options.

Related Blogs: Trend Forecast Data Helps Designers Boost Sales

According to a recent report by Rapaport magazine, couples are prioritising the quality of experience at weddings.

The trend is to invite fewer guests, but to spend more per guest to enhance the experience.
Despite the declining outlay on weddings seen in the United States, spending on engagement and wedding rings has held steady.

The Wedding Report notes that the average groom spent $3,406 (£2,625.92) on a ring for the proposal during the first three months of 2017.

Wedding rings for the bride cost $786 (£606) on average, while the price of men’s wedding bands was stable at $456 (£351).

A potential bright spot for couples contemplating getting married is that the prices of the precious metals used in engagement and wedding rings, have slumped this year.

Related Blogs: Bridal Jewellery Trends Inspired by Prince Harry and Meghan Markle

Gold prices sank to the lowest in a year in mid-July, in part due to a buoyant dollar. The surging dollar has made dollar-denominated gold more expensive in other currencies.

Prices of two other important bridal metals, platinum and palladium, have dropped sharply so far this year, pressured by worries over industrial demand for the white metals which are used in catalytic converters in vehicles.

2018 Wedding Trends

According to leading wedding planning website, Hitched, there are some clear trends emerging for weddings in 2018. These include:

  • Industrial-looking venues, including warehouse style buildings full of character
  • Minimal and clean colour palettes and stripped back styling
  • Fresh green foliage decorations without the usual flowers
  • Rose gold and geometric, copper-toned table decorations

Woodland, Midsummer Night’s Dream-inspired jewellery and bridal jewellery collections may hit the mark in the summer of 2018, while minimal trilogy designs, inspired by the likes of the Duchess of Sussex, will undoubtedly continue to soar.

Related Blogs: Investment Jewellery in the Spotlight at Auction

IJL is #withyou offering insights into wedding jewellery and the international bridal market. Discover the Bridal Showcase at this year’s IJL from September 2-4, 2018. Register to attend today!

Discover the full list of IJL 2018 Exhibitors, here. 

New features for IJL 2018; The UK’s International Jewellery Trade Show

London, 18 July 2018: International Jewellery London (IJL), the UK’s leading trade event for the international jewellery industry, will return to Kensington Olympia from 2-4 September 2018 with an expanded events programme, and will showcase the latest ranges from over 550 high end, finished jewellery manufacturers and designers, and loose gemstones and retail services suppliers.

Birmingham’s Jewellery Quarter comes to London
Craftsmanship and design are at the heart of International Jewellery London in 2018. IJL will also focus its attention on one of the UK’s most inspiring and historic centres of jewellery excellence: Birmingham’s Jewellery Quarter. There will be an exhibit, hosted by Birmingham School of Jewellery, talks, features and more celebrating the history, present and future of the Quarter and its significance to UK jewellery industry.

A window on retail
Retail and customer experience will be centre stage at IJL this year with retail windows on display around the champagne bar. IJL will announce retailers and designers who will be showcasing the art of window dressing shortly. IJL will also be exploring digital retail opportunities with seminars including, “Think Like a Customer in a Digital World”.

IJL Seminar streams
The relaunched IJL Inspire Seminar Programme will frame the debate at the UK’s jewellery trade fair. It will open the stage to discuss issues that matter and trends that shape jewellery and watches from across the industry. IJL has welcomed submissions from everyone across the jewellery ecosystem from emerging design talents to established brands, with retailers, buyers, designers, gem dealers, Assay offices and suppliers. Seminars announced to date include At the Heart of Luxury – Keeping the Cachet at any Price?, Understanding Coloured Diamonds and Happy Exits: Succession Planning for your Business

IJL Live
For the first time, IJL will record interviews with exhibitors and visitors and features from the show floor. This will be centred around the IJL Live studio on the Grand Hall Gallery. Interviews will be broadcast via IJL Live’s YouTube channel, Instagram and other social media. Exhibitors can request interview footage to share on their own channels.

Growing Chinese PR opportunities
IJL has launched a Weichat channel to reach more Chinese jewellery industry including buyers and designers. This will include content from IJL, their exhibitors and other UK jewellery industry news and views. Please send any relevant press releases or information for the Chinese market to ijl@midaspr.co.uk.

Inspire Magazine
IJL is producing a glossy magazine during the show to promote jewellery.

Bridal showcase
There will be a new Bridal showcase and trends report on the Catwalk at IJL, in addition to a seminar focused on this important theme.

IJL is sponsored by the NAJ and supported by the GIA, Gem-A, The Houlden Group, The Company of Master Jewellers, The Responsible Jewellery Council, Euromonitor and CIBJO.

IJL offers buyers the largest variety of gemstones under one roof in Britain today — an unparalleled array of exquisite gems, including white and colour diamonds, rubies, emeralds and sapphires, as well as fabulous colour stones, such as tourmalines, citrines, and garnets, both in loose form and set in contemporary and vintage jewellery. International Jewellery London delivers year-round inspiration, innovation, education and new business opportunities.

Register to visit now: http://www.jewellerylondon.com/registerinvite

– ENDS –

For media enquiries please contact Leighanne Murray, Midas PR, Leighanne.murray@midaspr.co.uk / 0207 361 7860

IJL Invites entries to 2018 Editors’ Choice Awards with NEW independent retail categories

The winners in six categories will be announced at IJL on the evening of Sunday, September 2. 

Press Release [London, 22 June 2018]: International Jewellery London (IJL) is pleased to announce that this year’s Editors’ Choice Awards – judged by a panel of industry media stars – will include categories open to independent retailers and jewellery buyers, retailers and e-commerce specialists from IJL’s Diamond Club for the very first time.

These popular industry awards are hosted annually to spotlight the excellence, originality and creativity of the jewellery industry as it fills Olympia during IJL. Although historically only open to IJL exhibitors, this year’s awards will recognise exhibitors AND visiting retailers in six revamped categories.

Exhibitors, visiting retailers and IJL Diamond Club Members are invited to nominate themselves, or others, by the deadline of 31 July, 2018.

The winners will be chosen from a shortlist selected by a panel of industry journalists and editors. In an exciting change from previous years, the winners in all six Editors’ Choice Awards categories will be announced in front of industry peers at the IJL evening party on Sunday, 2 September.

 

The IJL Editor’s Choice Award Categories are:

FOR EXHIBITORS

  1. Designer to Watch: Exclusively for IJL 2018 exhibitors in the Design Gallery and Designer Brands areas, this award recognises creativity, passion and awareness of commercial appeal.
  2. Innovator 2018: This award is dedicated to recognising innovative techniques, skilled craftsmanship and unusual materials among IJL 2018 exhibitors.
  3. Overall Excellence: For leading lights, fast-growing brands and exceptional suppliers, the Overall Excellence award celebrates the IJL 2018 exhibitor dedicated to market-leading performance.

 

FOR RETAILERS:

  1. Digital Leader: Entries are encouraged from e-commerce giants, emerging e-commerce stores and retailers making their mark in a digital world.
  2. Retail Star: Honouring the independent retailer that has overcome obstacles to become a force to be reckoned with on the High Street.
  3. Diamond Club Member of the Year: Members of IJL’s iconic Diamond Club are welcome to enter this award, whether they are buyers, retailers or e-commerce specialists.

Ahead of being announced at IJL, a shortlist of brands and businesses in the running to win each award will be revealed to the press in August.

Katie Morris: Head of Buyer Programmes, IJL, said:

“The Editors’ Choice Awards are continually evolving, just like IJL, to ensure we showcase the best and the brightest in our trade. By including retail-specific categories for the first time, we can highlight the visiting businesses that form an integral part of the IJL community, while also spotlighting the amazing things happening in our Diamond Club. I encourage everyone to enter and nominate before the deadline.”

Winning brands and businesses of the Editors’ Choice Awards 2017 included Insignety, Les Georgettes and Nadine Aysoy, among others.

To find out more about the IJL Editors’ Choice Awards, please visit jewellerylondon.com/ Whats-On/Editors-Choice-Awards

Registration for IJL 2018 is now open. To complete our trade-only registration process, please visit jewellerylondon.com/register

  • ENDS –

 

For media enquiries please contact Leighanne Murray, Midas PR, Leighanne.murray@midaspr.co.uk / 0207 361 7860

Notes to Editors:

About International Jewellery London:

IJL 2018 will run from 2 to 4 September at Kensington Olympia, London.

International Jewellery London delivers year-round inspiration, innovation, education and new business opportunities.

International Jewellery London is the UK’S leading trade event for the international jewellery industry. The event showcases the latest product ranges from over 550 high-end, finished jewellery manufacturers, designers, loose gemstones, and retail services suppliers.

IJL attracts an unparalleled range of jewellery focussed and pre-qualified buyers from 64 countries in an exclusive trading environment to do business, share knowledge and network in the heart of London, the UK’s style capital.

Inspiring the industry for over 60 years, IJL showcases future industry trends, provides 100% free education and attracts an unrivalled selection of consumer and trade press. IJL is sponsored by the NAJ and supported by the GIA, Gem-A, The Houlden Group, The Company of Master Jewellers, The Responsible Jewellery Council, Euromonitor and CIBJO.

For further information please visit www.jewellerylondon.com

About Reed Exhibitions:

Reed Exhibitions is the world’s leading events organiser, with over 500 events in 30 countries. In 2015 Reed brought together over seven million event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 40 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events.

It is part of the RELX Group plc, a world-leading provider of information solutions for professional customers across industries. Jewellery and Fashion Accessories events are: Jewelers International Showcase (JIS) in January and April; Girls Jeweller Tokyo (IJT); Bijorhca Paris; JCK Tuscon; Tokyo Fashion Jewellery Expo (April); Garderobe; International Jewellery & Watch Show (JWS); International Jewellery Kobe (IJK); Luxury and JCK Las Vegas.

For further information please visit: www.reedexpo.com

 

Champagne Thiénot releases a new Blanc de Blancs NV

Champagne Thiénot releases a new Blanc de Blancs NV

“A cuvée which expresses, simply and cheerfully, the nobility of Chardonnay. A natural tribute to this wonderful grape variety ambassador of freshness and finesse, pillar of the style of the House. ” N.Uriel, cellar master.

The idea behind the Cuvée Thiénot Brut Blanc de Blancs is that of a handover between two Cellar Masters, a four-hand partition between Laurent Fédou and Nicolas Uriel, the transmission of a unique know-how from a master to his pupil.

Beautiful interpretation of great chardonnays, the two maestros have developed an original wine that celebrates the delicious and joyful characteristics of this variety. This new Cuvée refines and completes the classic range of the House in a style of its own around freshness, fruit and the finesse.

TERROIR/BLEND

The House has selected the finest Chardonnays mainly from Crus d’Avize, Villers-Marmery, Vertus and Vitryat. Avize and Vertus offer the straight and sharp character of Grands Crus while Villers-Marmery Chardonnays are more full-bodied and structure the blend. As for the grapes from Vitryat, they bring the cheerful and delectable side to the wine.

CELLARS AGEING

4 years in our cellars at Rue des Moissons

TASTING NOTE

Light and bright yellow in colour with some subtle green reflections. The nose is dominated by notes of lemon and orange blossom, typical of great chardonnays. The palate, tight, has pastry notes and a remarkable length, revealing an elegant and generous wine.

Champagne Thiénot Blanc de Blancs will be sold for a recommended price of £45 – Stockists: Champagne One, Eagles Wines.