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Nearly 50 Percent of Surveyed Jewelers Reported Growth in March

Allison-Kaufman and Sylvie were the most named brands sold.

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Pearl Sparkle pendant necklace by Ania Haie
Pearl Sparkle pendant necklace by Ania Haie in 925 sterling silver with gold plating with pearl and CZ, $89, aniahaie.com

New fashion for Ania Haie has done well, along with Lashbrook wedding bands. — Trevor W., Myerstown, PA

Top-selling jewelry brands in March

Allison-Kaufman (5), Gabriel & Co. (5), Sylvie (5), Fana (4), Stuller (4), A. Jaffe (3), Rolex (3), Ania Haie (2), Forevermark (2), Tacori (2), Ti Sento-Milano (2)

*Brands mentioned by at least two of 116 respondents.

  • March for us is all about the band! We have a very successful wedding band trunk show every year at this time. The top seller was (and always is at this event) Sethi Couture! — Melissa Q., Chicago, IL
  • Diamond solitaire necklaces using four-prong baskets from Stuller and curb chains from Herco/Quality Gold. — Scott L., Scottsdale, AZ
  • Forevermark diamonds: They are the most beautiful! — Susan E., El Paso, TX
  • Lab-grown diamonds and diamond semi-mountings were our best-selling products, with Teva Diamonds, Fana and Allison-Kaufman leading for vendors. Bridal has been big for us in general for the last year or so. The vendors speak for themselves. These are high-quality pieces with really great customer service. — Beth G., Binghamton, NY
  • Bridal (specifically lab-grown) and items from Classic of New York. — James S., Lowell, IN
  • Custom design: Everyone wants something unique to them and the story they want to tell. Jye International: high quality products at a fair price. Rolex: It is the most well-known brand within the watch industry. — Bruce B., Sarasota, FL
  • We had another great month with both Breitling and Omega timepieces. We also had a nice month with Daum crystal, engagement rings and Damaso Martinez from Spain. — Marc M., Midland, TX
  • Lab-grown diamonds are definitely most of our bridal business at the moment, but we’re selling a custom ring with every lab-grown. We are also seeing an increase in interest for colored gemstone engagement rings. — Becky B., Peabody, MA
  • Sylvie, Overnight Mountings and custom work. — David B., Calgary, AB

Monthly SALES Survey

How Were Sales Last Month Compared to February 2022?

WAY UP 25% OR MORE: 19%
UP: 30%
SAME: 22%
DOWN: 22%
WAY DOWN 25% OR MORE: 7%

Total Brain Squad Responses: 161

  • Loose diamonds, Stuller mountings, Yael Designs color rings. — Valerie G., Edenton, NC
  • Gabriel & Co. bridal is consistently strong for us. — Bill E., Terre Haute, IN
  • Custom assembly was the biggest driver of growth this month by far, followed by Heera Moti finished goods with retails over $3,000. — Kyle B., Roswell, NM
  • Tacori. Fana. Sylvie. It’s bridal season in full swing! — Christina B., Glastonbury, CT
  • Always loose diamonds from Fire and Ice and engagement rings from A. Jaffe. — Jim C., Modesto, CA
  • Aquamarine items did well. Surprisingly, it was not due to aqua being the birthstone of the month. Just that we put out a nice selection to try out. — Alex W., Torrance, CA
  • Sylvie bands from all the Sylvie engagement rings sold over the past year or so. Large fancy-shaped bands from Sylvie. I. Reiss yellow rings. — Stacey L., Ephrata, PA
  • 0.70-1.20-carat natural diamonds in DeBeers Forevermark or Gabriel & Co. mountings, 0.25-0.50-carat diamond bands by Coast Diamond, and diamond ring guards. — Dorothy V., Tallahassee, FL

What’s the Brain Squad?

If you’re the owner or top manager of a U.S. jewelry store, you’re invited to join the INSTORE Brain Squad. By taking one five-minute quiz a month, you can get a free t-shirt, be featured prominently in this magazine, and make your voice heard on key issues affecting the jewelry industry. Good deal, right? Sign up here.

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This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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