The largest white diamond to come to market in the U.K. in more than a decade, the VVS1, I-color stone is expected to top $1 million.
To figure out the kids, the DPA turns to Mother
The Diamond Producers Association announced this week that it will be working with advertising agency Mother New York to figure out how to make diamonds appealing to the younger generation.
New York-- The Diamond Producers Association announced this week that it will be working with advertising agency Mother New York to figure out how to make diamonds appealing to the younger generation.
Mother New York
DPA board member and Alrosa Vice President Andrey Polyakov said what impressed them about Mother New York was the agency’s understanding of modern culture and the innovative work they’ve produced for lifestyle brands that appeal to millennials.
DPA Chairman Jean-Marc Lieberherr said the appointment of Mother New York as its global strategic marketing partner is the “next step in building world-class marketing capabilities to support the DPA’s mission of growing long-term demand for diamonds.”
The two will work together over the next few months to develop a marketing strategy.
The DPA’s decision to go with Mother New York comes a month after its announcement that longtime jewelry industry marketer Sally Morrison was joining the DPA as its managing director of marketing, and the appointment of Lieberherr as chair and De Beers’ Stephen Lussier as the DPA’s vice chair.
Formally introduced in Las Vegas this past May, the DPA is comprised of the world’s biggest diamond miners, including Alrosa, De Beers and Rio Tinto, and is working to enhance consumer demand for and confidence in mined diamonds.
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