Le Vian Introduces The Newest Gem On Earth As Demand For Colored Gemstone Jewellery Grows

Le Vian Introduces The Newest Gem On Earth As Demand For Colored Gemstone Jewellery Grows

Uncommon undoubtedly is the disclosure of another gemstone with those extraordinary properties that make it fit to gems. That is the thing that occurred in 2013 when diamond voyager Yianni Melas revealed a surprising stone that some musing was Chrysoprase and others saw as Opal.

After submitting tests to the Gemological Institute of America, it was distinguished as a formerly obscure kind of blue-green Chalcedony that displays extraordinary varieties in shades and examples.

As pioneer, Melas was given the honor to name his stone and he called it Aquaprase as its color helped him to remember the shade of the Aegean Sea in his country Greece.

Aquaprase stone 

Aquaprase’s glowing magnificence and trademark varieties in shading that make each stone exceptional carried it to the consideration of Le Vian, the family-claimed adornments organization in business since the fifteenth century that has practical experience in colored jewels and colored gemstone gems. It is the brand that put Chocolate Diamonds, an organization brand name, on the guide.

“We seldom do any white jewels,” clarifies CEO Eddie LeVian. “Shadings are our strength. We characterize the jewels, metals and precious stones we use through a shading crystal,” as he proceeds to clarify that when precious stones are called for in a plan, his organization regularly picks colored jewels.

Aquaprase fits every one of the models that Le Vian searches for in a gemstone. Other than its novel tone, it’s anything but a solitary mine and the organization gets first dibs on the best stones that emerge starting from the earliest stage. These stones the organization has called Peacock Aquaprase.

Furthermore, as a newfound diamond, it offers the organization an incredible new story to tell its clients. The organization has a great deal to work with as Aquaprase’s crystaline quality is rumored to have otherworldly properties, such as lessening misery and diminishing yearnings for sugars. The fact of the matter is simply the diamond responds to climate and presentations itself diversely dependent on its environmental elements.

“It’s a very unique stone that is semi-translucent. It exhibits some color change characteristics as well, which is a result of patterns in the matrix,” Levian explains. “Each customer gets a totally unique gemstone. It’s natural and not enhanced in any way. People love the fact that each has a unique pattern so everyone gets their own version.”

Asserting its Peacock Aquaprase assortment has been “fiercely effective,” LeVian as of late gave a choice of unpleasant and polished Peacock Aquaprase stones and two bits of Le Vian gems to New York’s American Museum of Natural History for the launch of its totally upgraded Allison and Roberto Mignone Halls of Gems and Minerals.

Selection of Le Vian donations to the American Museum of Natural History 

Sweet spot in the jewellery market

Not exclusively does Le Vian get the spotlight in the historical center show, however it sits in the sweet spot in the worldwide gems market.

The latest Business of Fashion and McKinsey “State of Fashion Watches and Jewellery” report identifies the branded-jewelry segment of the $280 billion global fine jewelry market as the fastest-growing category. Fine jewelry in the study is defined as jewelry priced over $360.

That is the section where Le Vian plays, with its marked gems conveyed by 3,200 retailers in the U.S.

In 2019 marked gems represented $50 billion in deals, just 18% of the fine gems market, however it is anticipated to develop at a CAGR of 8% to 12% rate through 2025 and will reach 25% to 30% piece of the pie around then. Paradoxically, the worldwide fine jewellery market is simply expected to develop at a CAGR of 3% to 4% through 2025.

And a new study from MVI Marketing and the gemstone company FURA predicts that precious colored gemstone jewelry is on the cusp of a great awakening.

Some 93% of the 1,000+ U.S. buyers studied said they love or like all valuable shaded gemstone gems. What’s more, almost 50% of buyers (46%) said they are probably going to buy hued diamonds in the following two years.

Respondents were qualified by having spent essentially $200 on fine gems in the previous three years. Among those studied, followed by ruby and emerald (41%) and amethyst (35%).

While shaded gemstone gems is assessed to add up to under 10% of U.S.specialty jeweler retail sales, more than 60% of buyers said they need to see more shading gemstone gems alternatives when they shop.

Breaking the color hindrance in stones

The purchaser appeal for color is prompt and instinctive.

“White-on-white [white precious stones on white metal] is an ocean of equivalence,” clarifies Liz Chatelain, MVI’s President. “Be that as it may, step to the colored gems case and there are such countless fascinating things to take a gander at. Sapphires, for instance, arrive in a variety of tones – green, blue and yellow – in addition to they come in double tones and there are even dark sapphires.”

Notwithstanding, the colored jewellery case is definitely a lot more modest than the noticeable presentation space dedicated to precious stones. However, that just clarifies a piece of the motivation behind why colored pearls stay a little part in the jewellery business. Numerous in the business don’t have the foggiest idea how to manage them.

“In the exploration, our reason was that the color stone piece of the jewellery market could be a lot greater. We overviewed 100 leaders from the business, including producers, providers and retailers, to comprehend the detaches between what the purchaser needs and what the business was doing,” Chatelain says.

Pressing need for all to work together

“At the point when you ask retailers for what reason they don’t stock more color, they fault their providers. At the point when you ask providers how to sell retailers more, they say retailers aren’t advancing the classification,” Chatelain notices.

The makers reviewed blamed retailers as keeping the class down. Some 45% said retailers don’t prefer to or don’t have the foggiest idea how to sell colored gemstone jewellery. They do, be that as it may, own up to not publicizing or advancing the category (27%) and not giving community support (27%).

Retailers, then again, concede they don’t do what’s needed publicizing or advancement either (25%), however 16% of retailers reviewed likewise admit that their salesmen don’t care to or don’t have the foggiest idea how to sell colored gems.

With producers and retailers over and over again working experiencing some miscommunication, there is one reason they all can get behind: colored gemstone gems offers higher edges when compared with diamonds.

The MVI study found that for producers, shading gets edges of 40% versus 30% for precious stones. What’s more, for retailers the edges are much higher: 65% for shading as contrasted and 33% for precious stones.
“Colored gems are win/win for everyone: consumers who want them and manufacturers and retailers who can make more profit by meeting the demand,” Chatelain observes.

To assist with overcoming any issues, FURA has dispatched a participation association, the FURA Marketing Council, to unite every one of the constituents in the hued gemstone industry – cutters, vendors, makers and retailers – to assist them with taking advantage of the lucky break.

FURA accepts the colored gemstone industry is in much a similar spot diamonds were back in the primary portion of the twentieth century before the momentous “Jewels Are Forever” crusade dispatched by De Beers in 1947.

“It is a surprising advance for a colored gemstone mining organization to help their unpleasant right to retail,” said Rupak Sen, FURA’s head showcasing official. With the dispatch of the committee and $2 million in advertising support for the primary year, FURA sees a “rising tide lifts all boats” sort of chance for the colored gemstone industry.

Women want color

In a last note, LeVian stresses that shaded gemstone gems has moment appeal to self-buying ladies, which the gems business has been pursuing for quite a long time. He clarifies that while the main piece of jewellery a lady possesses is the wedding band, men stay the essential buyers.

“Men need to be saints and hate to miss the point,” he says, so they avoid any and all risks with a white precious stone solitaire that checks all the 4Cs boxes – color, clearness, cut and carat weight.

Ladies, then again, need to be extraordinary and unique. What’s more, that is the place where colored gemstones sparkle.

“Women want to express their individuality and to be recognized they are different. But we are living in a world of mass production, where all the products are produced in much the same way,” LeVian shares.

“As a result, they find it hard to express their individuality in their jewelry which is one of the most symbolic and precious possessions for a woman. Too many jewelers are missing this because they play it safe selling to the guys, when women want fashion and uniqueness. Color jewelry gives them that,” he concludes.

Article Courtesy- Forbes


Written by:

37 Posts

View All Posts
Follow Me :

Leave a Reply

Your email address will not be published. Required fields are marked *