The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.
De Beers Says 2018 Forevermark Sales Were Up 8%
More than half of Forevermark-carrying jewelers said customers came in asking for the De Beers-owned diamond brand by name.

New York—Jewelers sold 8 percent more Forevermark jewelry by value in 2018 than they did last year, De Beers CEO Group Bruce Cleaver said.
Cleaver walked guests through the brand’s highlights of the year at the annual Forevermark and De Beers New York Cocktail Reception, held January 10 at Ascent Lounge in New York City.
The diamond brand’s Holiday Sentiment Survey found that more than 50 percent of Forevermark-carrying jewelers said customers came in asking specifically for Forevermark.
The Forevermark Tribute holiday campaign reached more than 80 percent of the target market (affluent customers), generating more than 240 million impressions, according to Cleaver.
Searches for Forevermark and traffic to Forevermark.com increased, with De Beers reporting a 67 percent jump in total conversion on the website in November and December as compared with the previous two months. (E-commerce sales on Forevermark.com began in the fourth quarter.)
Cleaver noted the evolving consumer landscape, specifically in the diamond engagement ring category, and highlighted the research Forevermark has conducted to ensure the growth of its essential bridal category.
The brand’s research found that couples are entering into marriage with a “less romantic and more pragmatic” view, shifting from the idea of a fairy-tale love to a love based on active choices and commitment.
“Thus, the diamond engagement ring, which remains the preeminent symbol of engagement, accrues significant emotional value after the engagement, with each daily choice and commitment to ‘forever.’ And, therefore, the notion of ‘my diamond means everything’ has taken an even stronger hold for diamond consumers,” Cleaver said.
While thoughts around love and marriage may be changing, he confirmed that the demand is still there among younger consumers, who account for two-thirds of diamond jewelry demand in key markets.
“While the road ahead will not always be smooth, and we will doubtless continue to experience challenging times, we can look ahead with pride in our achievements, and with optimism that we are on a longer-term upward trajectory,” concluded Cleaver.
Forevermark has a new bridal collection in the works and plans to launch a national campaign in mid-2019.
In the fourth quarter of last year, the brand started selling Tribute and Alchemy by Jade Trau pieces on Forevermark.com, with proceeds going to Forevermark-carrying jewelers, and announced plans to open the first Forevermark store in the United States. It will be operated by San Francisco-area retailer Padis Jewelers.
The Latest

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

A matching pair of 18.38-carat, D-color diamonds from Botswana’s Jwaneng mine sold for $3.3 million, the top lot of the jewelry auction.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Sponsored by A Diamond Is Forever


It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.























