IndependentsMar 01, 2021
PGI Relaunches Resource Website for the Trade Events & AwardsMar 10, 2021
PGI USA Debuts Platinum Business Development Grant
It will award up to $500,000 total in a three-year program to one or more industry recipients.
New York—Platinum Guild International USA wants to help grow the platinum jewelry business in the market through a new grant program.
PGI USA announced Tuesday it will award up to $500,000 total in a three-year program ($150,000 max during years one and two) to selected manufacturers, designers or retailers who submit a qualifying proposal.
The money may be awarded to one company or multiple companies, depending on submissions.
Applicants must be U.S.-based or U.S.-focused and have a knowledge of designing and/or manufacturing in platinum as well as a “willingness to make a long-term commitment to designing, manufacturing and/or selling platinum products,” PGI said.
PGI USA announced Tuesday it will award up to $500,000 total in a three-year program ($150,000 max during years one and two) to selected manufacturers, designers or retailers who submit a qualifying proposal.
The money may be awarded to one company or multiple companies, depending on submissions.
Applicants must be U.S.-based or U.S.-focused and have a knowledge of designing and/or manufacturing in platinum as well as a “willingness to make a long-term commitment to designing, manufacturing and/or selling platinum products,” PGI said.
The project will aim to make platinum an important focus in their business.
PGI said it knows, from research conducted by 360 Market Reach late last year, consumers are increasingly placing value on symbolic items. This is a trend that carries across generations, increasing the sales potential of consumer segments ranging from Gen Z to Baby Boomers for industry companies.
“Prior to the pandemic, the platinum jewelry sector of the industry had grown consistently for the past seven years, increasing more than 60 percent since 2013,” said PGI USA Vice President Kevin Reilly.
“To continue this trajectory, we believe this newly established program will allow for continued growth, taking platinum jewelry sales to never-before-seen levels.”
For more information, to see the full list of requirements, or to apply for the Platinum Business Development Grant, visit PlatinumLearning.com.
Applications are due April 30. PGI USA expects to announce recipient(s) in May.
More on Events & Awards
The Latest
CollectionsAug 19, 2022
As Its Namesake Sets to Retire, Serena Williams Jewelry Debuts New DTC WebsiteThe company is no longer selling its jewelry at Zales, which first partnered with Williams last August.
CrimeAug 19, 2022
Suspects Use Bear Spray on NY Jewelry Store Employees During Robbery Ten masked suspects stole $800,000 in merchandise from a jeweler in the Bronx.
WatchesAug 19, 2022
WatchBox Names Jack Forster Global Editorial DirectorHe was previously editor-in-chief at Hodinkee.
Brought to you by
The American Mined™ Collection: Ethical Sourcing That MattersRio Grande provides a pathway to responsibly sourced gemstones.
CollectionsAug 19, 2022
Piece of the Week: Akaila Reid’s ‘Wavy’ BangleIt’s the hero piece of the emerging designer’s new “Wavy Baby” collection.
Weekly QuizAug 18, 2022
This Week’s QuizTest your knowledge of the latest jewelry news with this quick test.
Supplier BulletinAug 18, 2022
Why Online Auctions Are Ideal For Selling Hard-To-Find JewelrySponsored by HiBid
ColumnistsAug 18, 2022
Squirrel Spotting: The Travails of Attracting and Retaining TalentThe job market is tight, making it paramount for employers to have the type of culture employees really crave, Peter Smith writes.
Brought to you by
Knowledge and Skills for Today’s Hot TopicsFrom laboratory-grown diamonds to design to country-of-origin, GIA's Alumni Collective™ has a seminar to suite your needs.
MajorsAug 18, 2022
Pandora Charms Pet Owners with New AccessoriesThe jewelry company has also hired a new chief marketing officer.
CollectionsAug 18, 2022
Hearts On Fire’s Latest Collection Reaches for the Sky“Aerial” is edgy and glamorous, inspired by nature’s wild forms.
GradingAug 18, 2022
VDB, Lab Grown Source Add 8X to Cut Grade Search Filter 8X is now the top cut grade on both platforms, above Ideal.
CollectionsAug 17, 2022
Playing Doubles: Monica Rich Kosann, Chris Evert Team Up on Tennis Bracelets It is the first tennis bracelet collab for the legend, whose lost-and-found moment put the term “tennis bracelet” in the jewelry lexicon.
FinancialsAug 17, 2022
Watches of Switzerland’s US Sales Double in Q1The company posted a strong start to the year but is cautious about the second half.
SourcingAug 17, 2022
Diamond Supplier SRK Pledges 750 Solar-Power RooftopsThe charitable mission is in honor of India’s 75 years of independence.
Lab-GrownAug 16, 2022
Pandora’s Lab-Grown Diamond Line Heads to the U.S.The announcement preceded the Danish company’s release of its second-quarter results.
ColumnistsAug 16, 2022
The PR Adviser: Describe Your Customer Columnist Lilian Raji continues her tour of the customer journey by asking, who is your customer? And, what do they like?
EditorsAug 16, 2022
Tiffany’s ‘Lock’ Bangle May Be Its Answer to Cartier’s ‘Love’ BraceletThe unisex style succeeds in several ways while saying a lot about what’s trending in jewelry, writes Senior Editor, Fashion, Ashley Davis.
CrimeAug 16, 2022
3 Packages Containing $6.9M in Fake Watches, Jewelry Seized in Ohio Customs officers in Cincinnati intercepted the shipments in early August, finding counterfeit Cartier jewels and Rolex watches.
SourcingAug 15, 2022
Q&A: Moyo Gems Celebrates 3 Years and Many MilestonesIn honor of the anniversary, Pact’s Mines to Markets Director Cristina Villegas discusses recent expansion and where it goes from here.
Events & AwardsAug 15, 2022
Plumb Club, JVC to Hold Webinar on Sustainability MarketingThe Jewelers Vigilance Committee’s Sara Yood will give an overview of what the FTC guidelines currently say and what may be changing.
Lab-GrownAug 12, 2022
Report: State Bank of India to Begin Lending to Lab-Grown Producers The loans will go mostly to the import of machinery rather than working capital, according to a recent article from The Economic Times.
FinancialsAug 12, 2022
Brilliant Earth’s Fine Jewelry a Hit in Q2The company is also continuing its retail expansion.
AuctionsAug 12, 2022
2 Rolexes Paul Newman Gave to Stuntman Stan Barrett Head to Auction The sale also will include a third Rolex, with all three watches tied to Barrett’s 1979 attempt to break the world record for land speed.
CollectionsAug 12, 2022
Piece of the Week: İTÄ Jewelry’s ‘Danza’ RingIt mixes diamond shapes and colors.
AuctionsAug 11, 2022
Sotheby’s Is Preparing its First Art Jewelry Auction This Fall“Art as Jewelry as Art” features works from artists like Salvador Dalí, Alexander Calder, and Max Ernst.
IndependentsAug 11, 2022
Martin Katz Is Moving to a PenthouseThe jeweler is relocating his Beverly Hills store after 20 years and has begun developing a lifestyle brand.
