Sourcing

Forevermark to Launch E-Commerce in Q4

SourcingJun 01, 2018

Forevermark to Launch E-Commerce in Q4

Consumers will be able to buy pieces from the Tribute and Alchemy collections on Forevermark.com, with the majority of each sale going to a Forevermark-carrying jeweler.

20180601_Forevermark-header.jpg
Forevermark U.S. President Charles Stanley speaking at the brand’s annual Las Vegas breakfast, held Thursday at the Four Seasons hotel. The brand unveiled its marketing plan for the remainder of 2018, and De Beers executive Stephen Lussier also addressed the company’s decision to begin selling lab-grown diamonds.

Las Vegas--Omnichannel and female self-purchasers will be the focal points of Forevermark’s marketing strategy this year, the De Beers-owned diamond jewelry brand announced.

Included as part of its omnichannel strategy is the launch of e-commerce capabilities on Forevermark.com in the fourth quarter.

Forevermark U.S. President Charles Stanley said Thursday at the brand’s annual Las Vegas breakfast that consumers will be able to buy pieces from two collections--Tribute and Forevermark Alchemy Collection by Jade Trau--on Forevermark.com. Proceeds from all online sales (minus a service fee) will go to the consumer’s chosen jeweler or, if no jeweler is selected, the nearest retailer who carries Forevermark.

The addition of online sales is one of a number of upgrades the diamond brand is making to its website.  

Forevermark also is adding online appointment booking, “Live Chat” functionality and a quiz to help consumers determine which of the archetypes, and thereby diamond shapes, in Jade Trau’s Alchemy collection is the best fit for them. The quiz will be on the Alchemy landing page on Forevermark.com.

Tribute and Alchemy are both collections aimed at women who buy jewelry for themselves, which De Beers sees as a key market moving forward.

“This is a long-term growth opportunity for us,” Stanley said, citing statistics from De Beers’ latest research that show women, both single and married, buying jewelry for themselves accounted for 33 percent of diamond purchases in the U.S. in 2017, up from 27 percent in 2013.

Forevermark will be promoting Tribute through national TV, print, digital displays, social media, paid search and CRM, as well as a national custom digital video and influencer campaign.

Alchemy also will be promoted across the U.S., via digital and social media.

Also at the breakfast, Forevermark played its new 30-second bridal commercial that will be available for jewelers to use with local tags. The emotionally charged spot, which Stanley asked to be shown twice, drew applause from the audience.

Forevermark turns 10 at the end of this year, as the brand launched in China in December 2008 (but did not come to the United States until 2011). It now has 2,250 doors in 26 countries.

The brand’s global CEO and De Beers’ Executive Vice President of Marketing Stephen Lussier opened the breakfast talking about the “bold moves” De Beers has made recently, chief among them the announcement that the diamond company would begin selling fashion jewelry set with lab-grown diamonds.

While De Beers

is set to begin selling its man-made diamond jewelry direct to consumers in September, both the company and Lussier seem intent—at least in communications to the trade—on casting lab-grown diamonds as less than. At times, the longtime diamond mining company seems reticent to even acknowledge the fact that lab-grown diamonds are, in fact, diamonds.

De Beers included in the press release announcing the launch of what it is calling Lightbox Jewelry a quote from brand General Manager Steve Coe that read: “We’ve learned from our research that there is a lot of confusion about lab-grown diamonds, what they are, how they differ from diamonds...” Not “mined” or “natural” diamonds, but just “diamonds.”

At the Forevermark breakfast Thursday, Lussier—who referred to lab-grown diamonds as “man-made crystallized carbon” that has the properties of a diamond—said, “At De Beers, we never had anything against lab-grown stones. We just don’t believe they are a substitute for, or the same as, diamonds.”

They aren’t rare and, unlike diamonds, can be made cheaply, he said.

Lussier added the stones are not for marking emotional moments but for wearing as fun fashion items, with prices that are transparent, linear and related to the cost of manufacturing.

When asked afterward about his remarks, Lussier stressed the fact that natural diamonds are mined from the Earth as the main point of differentiation between the two stones, and reiterated that “being from the Earth is a big thing” when asked to outline other differences between mined and man-made diamonds.
Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

Future Fortune sapphire ring
TechnologyMar 28, 2024
Pinterest’s 2024 Wedding Report Is Out

The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.

David Ettinger
IndependentsMar 28, 2024
David Ettinger of Bechdel Jewelers Dies at 69

He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.

Jewelers of America logo
IndependentsMar 28, 2024
JA to Host Series of Learning Workshops

The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.

Jewelers of America Fly In Washington, D.C.
Brought to you by
How Jewelers of America Represents Your Business

For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.

Jaeger-LeCoultre Madison Avenue NYC store
WatchesMar 28, 2024
Peek Inside Jaeger-LeCoultre’s Revamped NYC Flagship

The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.

Weekly QuizMar 28, 2024
This Week’s Quiz
Test your jewelry news knowledge with this short test.
Take the Quiz
Kira Diam solar plant
Lab-GrownMar 27, 2024
Indian Lab-Grown Diamond Manufacturers Keep Growing

A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.

SRK Empire and SRK House
Policies & IssuesMar 27, 2024
SRK Exports’ Journey Toward Net Zero Impact

By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.

BTYB-HoBrothers-updated.png
Brought to you by
The Scalable, Professional, and Effortless Solution for High-Demand Custom Jewelry Retailers

Ho Brothers offers scalable solutions for the future of custom jewelry.

Georgia May Jagger Tommy Hilfiger ad campaign
FinancialsMar 27, 2024
Movado’s Full-Year Sales Sink 11%

The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.

Hand holding shopping bags
SurveysMar 27, 2024
Consumer Confidence Held Steady in March

Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.

Bernadette Mack
Policies & IssuesMar 27, 2024
Mercury Free Mining Hires Bernadette Mack

The former WJA executive director is MFM’s new managing director.

April Is Diamonds Do Good Month
Policies & IssuesMar 27, 2024
Diamonds Do Good Announces Its April Initiative

DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.

Tiffany & Co. With Love, Since 1837
MajorsMar 26, 2024
Tiffany & Co. Debuts ‘With Love, Since 1837’ Campaign

Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.

National Jeweler columnists Duvall O’Steen and Jen Cullen Williams
ColumnistsMar 26, 2024
Creative Connecting: AI Tools and Tips for Social Media

Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.

Nordstrom Men’s Store New York City
MajorsMar 26, 2024
Nordstrom May Go Private, Says Report

The retailer previously turned down an $8.4 billion offer in 2018.

Interior of Miami Lakes Jewelers
IndependentsMar 26, 2024
Miami Lakes Jewelers to Close After 37 Years

The Florida store’s owner Miguel Gonzalez is retiring.

 International Gemological Institute
GradingMar 26, 2024
IGI Announces Tech for ID’ing Lab-Grown Colored Diamonds

The lab stresses the importance of accurate identification, as the difference in price is “substantial.”

Kendra Scott lab-grown diamond jewelry
CollectionsMar 25, 2024
Kendra Scott Debuts Lab-Grown Diamond Fashion Jewelry

The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.

Instappraise logo NAJA logo
Events & AwardsMar 25, 2024
NAJA, Instappraise Offering Scholarships for Aspiring Jewelry Appraisers

One is reserved for a NAJA member, the other for a non-member.

Carie Lehrke and Megan Mattice
MajorsMar 25, 2024
Borsheims Announces New VP of HR, Assistant Manager

Longtime employees Carie Lehrke and Megan Mattice have received promotions.

My Next Question graphic vintage jewelry webinar
Recorded WebinarsMar 22, 2024
Watch: How to Buy and Sell Vintage Jewelry

Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.

Chris Clipper and Robert Lepere
MajorsMar 22, 2024
David Yurman Announces New CFO, Chief People Officer

Chris Clipper and Robert Lepere join the company with 50 years of combined experience.

Nakard pyrite earrings
CollectionsMar 22, 2024
Piece of the Week: Nakard’s Pyrite Earrings

The trendy, metallic earrings wink at classic spring colors.

Stock image of police cars with their lights on
CrimeMar 21, 2024
Sparks Fly as Burglars Lose Safe on California Freeway

JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.

Grizzly Mining rough emeralds
SourcingMar 21, 2024
Grizzly Sells 4,145-Carat Emerald for Over $1M

The miner’s March auction generated $19 million.

Helen McCluskey
MajorsMar 21, 2024
Signet Jewelers Names New Board Chair

Helen McCluskey will succeed H. Todd Stitzer when he meets his 12-year term limit in June.

Julia Roberts wearing a Chopard necklace
CollectionsMar 20, 2024
Julia Roberts Co-Designs New Chopard Jewelry Collection

“Chopard x Julia Roberts” showcases the first gems cut from the 6,000-carat-plus “Insofu Emerald."

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy