The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.
More to shop for ‘smart’ jewelry this holiday season
From watches to activity trackers, the number of consumers who own something “smart” for their wrist could increase as much as 4 percent this holiday season, the NPD Group said.
Port Washington, N.Y.--From wearable devices to activity trackers, the number of consumers who own something “smart” for their wrist could increase as much as 4 percent this holiday season, according to recent data from the NPD Group.
The marketing consulting company said that when it comes to smartwatches, consumers at first were stalled by price tags and continued uncertainty about the functionality of the products. However, the release of the Apple Watch last April “has made majors ripples within the smartwatch sector.”
“(Apple Watch) is much more of a mainstream product than other generation one smartwatches,” said Weston Henderek, director of wearables and connected intelligence at NPD Group. He added that even Apple Watch may not reach its full potential until the launch of a second-generation version that could offer integrated cellular connectivity.
Integrated cellular connectivity refers to a smartwatch that will not be reliant on syncing with a smartphone to connect with a cellular network. The current version of the Apple Watch does not have its own cellular connectivity, explains David Riley of NPD Group. The device can connect to the iPhone via Bluetooth and then use the cellular connectivity of the phone but, without the phone, it has no ability to connect to a cellular network.
“Independent cellular connectivity is one of the key differentiators that will accelerate smartwatch growth even further in the coming year,” Henderek said.
Other types of smart devices--activity trackers and digital fitness devices--already have seen significant growth that will continue into the holiday shopping season, the NPD Group said. The retail sales of these items increased 120 percent in the first eight months of the year, from $343.5 million to $754.8 million.
“That level of growth is expected to extend through the end of the year, making activity trackers some of the hottest tech gifts this holiday,” said Ben Arnold, executive director and industry analyst of consumer electronics at NPD Group. “Awareness of these products has grown tremendously over the past year, and there are a diverse number of products on the market offering a variety of features and price points.”
He added that manufactures continue to partner with designers to increase the appeal of the products.
RELATED CONTENT: Hermes brings high fashion to Apple Watch
“There is a product for every type of consumer, from the most active athlete to the mom who
NPD Group said in November 2013, awareness of activity trackers was just more than 30 percent in the U.S. market, with younger consumers being the most knowledgeable. Now, in 2015, the situation has changed--close to 82 percent of the market knows about activity tracking devices.
“The wearables industry has come to a crossroads in the past six months, as the quality, depth and price points of activity trackers and smartwatches have expanded at a rapid rate,” Henderek said. “The two sectors are much more segmented now, with the activity tracker category in particular having a wide variety of price ranges, depending on features, quality and design.”
The Latest

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

Sponsored by American Gem Trade Association


In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.

Longtime industry executive Beth Miller has taken on the role.

The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.

QVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.

The brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.

Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.

Sponsored by Stratus Estate Buyers

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.




















