Tocara Group Acquires Swarovski's Direct-Selling Arm, Expanding North American Footprint
Montreal-based Tocara Group has announced its acquisition of Touchstone Crystal, Swarovski's direct-selling division in the U.S. This strategic move allows Tocara to integrate Touchstone Crystal's customer base and strengthen its presence in the accessible luxury market across North America, building on nearly two decades of experience.
Boosting Jewelry Sales: A Focus on Diamonds for Spring and Mother's Day
Diamond Industry Experts Launch New Monthly Podcast: The Diamond Dudes
ShineBright/Dynamic Design Group has appointed Robert Manse as President of Sales and Marketing. With three decades of experience, Manse will drive growth and expand market presence for both natural and lab-grown diamond jewelry, leveraging his expertise in brand building, product development, and retail partnerships. His role will focus on strategic initiatives, P&L management, and supply chain optimization to enhance the company's position in the evolving diamond market.
This article discusses strategies for jewelry retailers to increase sales, particularly for the Spring and Mother's Day seasons, by focusing on diamond jewelry. It highlights the success of natural and lab-grown diamond studs and tennis bracelets as add-on purchases and emphasizes the importance of catering to higher-income consumers seeking premium pieces. GN Diamond's programs and market trends data are also presented.
Three prominent diamond industry analysts, Avi Krawitz, Rob Bates, and Edahn Golan, have launched "The Diamond Dudes," a new monthly podcast. The podcast, which debuted on April 16, offers insightful commentary on the global diamond trade, covering market trends, key developments, and various issues throughout the diamond supply chain. With over 75 years of combined experience, the hosts aim to provide critical perspectives during a challenging period for the industry.