De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
More couples planning the big day via mobile
It’s a statistic that is not surprising in the least. An increasing number of couples getting married are using mobile devices to help them plan and make purchases for their big day.
New York--It’s a statistic that is not surprising in the least. An increasing number of couples getting married are using mobile devices to help them plan and make purchases for their big day.
It’s not a trend that’s expected to reverse course anytime soon, as more and more members of the Millennial Generation head to the altar.
According to a recently released survey from TheWeddingReport.com, a Tucson-based research company that tracks and forecasts wedding spending and trends in the U.S. market, online wedding spending reached $8.8 billion in 2012, 17 percent of the total amount spent.
That is a 7 percent increase over the amount spent online in 2011.
While online spending via a computer was up just 1 percent year-over-year, mobile spending soared, climbing 46 percent. Technology changes, the report notes, are making it easier for couples to pay vendor invoices and/or buy products from their smartphones or tablet computers.
On a category-by-category basis, the survey shows that the amount spent purchasing engagement rings from a mobile device climbed between 2011 and 2012.
Among couples surveyed, engagement ring spending via mobile went from $52.7 million in 2011 to $85.9 million in 2012. Wedding band spending, however, declined from $52.0 million in 2011 to $40.0 million in 2012.
The survey also asked couples about what websites, whether accessed via computer or mobile device, they used to help them plan their wedding.
The No. 1 site accessed was TheKnot.com, chosen by 68 percent of respondents. DavidsBridal.com came in at No. 2, chosen by 43 percent of survey-takers, followed by WeddingWire.com (28 percent), Brides.com (17 percent) and Martha Stewart Weddings (16 percent).
TheWeddingChannel.com (15 percent), WeddingBee.com (14 percent) and MyWedding.com and ProjectWedding.com (both 12 percent) rounded out the list.
The Online Wedding Market study was based on 41,000 survey samples collected via CostofWedding.com, the survey site operated by TheWeddingReport.com, between January 2012 and December 2012.
The Latest
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.