The middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.
Walters Faith Teams Up with Beauty Brand
The jewelry designers and Chantecaille have made some seriously bling-y compacts you can wear.

New York--Last year, jewelry brand Walters Faith enlisted a group of inspiring women to front their ad campaign.
Now, they’ve partnered with one of them, beauty maven Olivia Chantecaille, on a capsule collection.
The Olivia Chantecaille x Walters Faith collaboration consists of a series of diamond- and sapphire-set pendants that open up to reveal mirrored compacts.
Mollie Good, the designer of Walters Faith, and her business partner, Stephanie Abramow, worked with Chantecaille, the creative director of her family’s eponymous beauty brand, to create functional jewelry inspired by the latter’s “Pebble” compacts.
“I’ve always had a passion for jewelry, and often have ideas for pieces that I’d sketch in my notebook--to take some of these ideas and work together with the Walters Faith team was a dream come true,” Chantecaille said on her website.
The necklaces come in four gem varieties: white diamonds, multicolored champagne diamonds, multicolored pink sapphires or amethysts.
All are rendered in 18-karat rose gold and can be purchased on a gray cord or an 18-karat rose gold chain sized at various lengths. Each pendant is available in two sizes: 9 mm or 14 mm.
The collection starts at $695 retail for a small amethyst pendant on a gray cord and tops off at $6,375 for the white diamond version on a 36-inch 18-karat rose gold chain.
Out this month, the Walters Faith x Olivia Chantecaille capsule collection is available for wholesale, and available for purchase on WaltersFaith.com.
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