Articles and News
Andrew Siegel Of Hamilton Jewelers Part Of January 14 CIBJO Webinar About Post-Pandemic Jewelry Market January 07, 2021 (0 comments)
London, UK—As the world, and the jewelry industry begin to emerge from the COVID crisis, what will happen next? We know from current research and the results of the holiday selling season that consumers are focused on items with long-lasting value and meaning, but how will the experience of the pandemic and its economic and social fallout have changed consumer motivations permanently, and what must the industry do to adjust? Image: Hamilton Jewelers' Princeton, NJ headquarters.
Although all consumers are being transformed by the COVID experience, consumers of luxury products in particular are being transformed in terms of both what drives them to make purchasing decisions, and in terms of the types of service they demand from retailers. Some changes, such as the search for social value in the products they buy, may have been directly triggered by the pandemic, but others were ongoing shfits accelerated by COVID, such as the increased reliance on online and omni-channel trading and marketing.
The next edition of CIBJO’s Jewellery Industry Voices webinar series is titled "The Jewellery Consumer, Post Pandemic," and will take place on Thursday, January 14, 2021, at 9:00 a.m. Eastern U.S. time.
An expert panel examining the issue includes:
- Anita Balchandani, a partner at McKinsey & Company in London and the head of its consultancy for the apparel, fashion and luxury sectors in the United Kingdom, Europe and the Middle East;
- Melanie Grant, luxury editor for 1843 Magazine and a correspondent at The Economist;
- Andrew Siegel, chief operating officer of the Princeton, NJ-based retailer Hamilton Jewelers group;
- Charles Bonas, CEO of the Bonas Group, a diamond tender and auction house, and a brokerage and consultancy firm for the diamond and gemstone industries.
The webinar is sponsored by the Natural Diamond Council, which is also the diamond sponsor of Jewellery Industry Voices Season 2. NDC CEO David Kellie will welcome webinar participants, together with Gaetano Cavalieri, CIBJO president, and the webinar will be co-moderated by Edward Johnson and Steven Benson. Platinum Guild International is the precious metals sponsor and Gemcloud is the technology sponsor for the second season of the CIBJO series.