Bain & Co.’s latest report on the luxury market examines why the market’s customer base is shrinking and how to appeal to consumers in 2025.
Inside James Allen: 3 Observations About Its First Store
National Jeweler’s editors have spent the past couple weeks visiting pop-ups and secret-shopping online. Now, we’re checking out a new brick-and-mortar concept store.
![Present at the grand opening of the James Allen store Friday was the company’s namesake and one of its four founders, James Allen Schultz (pictured right), and his wife and company co-founder Michele Sigler. The store is in Washington D.C.’s Georgetown neighborhood. 20181211_James_Allen_header.jpg](https://uploads.nationaljeweler.com/uploads/05e16c02c825ab988059327f863c11a4.jpg)
On Friday, I took Amtrak down to Washington, D.C. to attend the grand opening of the first store for James Allen, the jewelry e-commerce site Signet Jewelers acquired in September 2017.
James Allen certainly isn’t the first once-online-only retailer to decide it needs a physical space where consumers can interact with both the product and its people.
Walk out the front door at James Allen and take a stroll down M Street and you’ll see companies like Warby Parker, the online eyewear seller, and Rent the Runway taking up space.
Warby Parker and RTR undoubtedly opened stores here for the same reason Signet picked this stretch in the capital’s young Georgetown neighborhood: The demographics—largely young and upwardly mobile—are right for retailers that were reverse engineered, so to speak. They established themselves and their customer base online before investing in physical locations.
And when they did invest, they made their stores as much about interaction, education and experience as they did product.
At 1,900 square feet, the James Allen store, which was designed in partnership with JGA, is certainly not huge by U.S. retail standards (but, really, retail spaces don’t need to be anymore).
It also has three characteristics that I think jewelers looking to renovate or open new stores should note.
First, it is light, airy and open.
The entire front of the store is floor-to-ceiling windows. The floors are light-colored hardwood and the display cases and vitrines are sleek, modern and minimal.
There aren’t any dark, clunky display cases or tiny windows crammed with product and I love the choice of hardwood floors over carpeting.
When customers enter the store, they are greeted on the right by a grouping of glass vitrines housing James Allen’s best sellers and trending styles.
I love the idea of showcasing product that’s trending online to in-store customers, and Amazon apparently agrees; the e-commerce giant is experimenting with the idea of stores that sell only top-reviewed products.
But if I were Signet, I would come up with on-brand signage for these best-seller cases, so customers know what they are looking at.
RELATED CONTENT: I’m Your Store’s Online Secret ShopperI would also get something up on the walls, like diamond paintings by Angie Crabtree or Reena Ahluwalia. (Side note: James Allen co-founder and Signet Chief Digital Innovation Adviser Oded Edelman said he already is in talks with Crabtree.)
To the
In the middle of the table, there are CZ and sterling silver engagement ring samples that customers can pick up and try on without assistance. Under the glass, CZs are lined up in order of size so consumers can see, for example, how a 1-carat diamond compares in size to 1 1/2 or 2 carats.
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There are a few more trending-product vitrines and cases containing fashion jewelry but that’s basically it, which brings me to my second point about the store: It is not crammed full of showcases that are, in turn, stuffed with jewelry because it is not all about product. It doesn’t have to be.
James Allen engagement rings still will be sold online.
Signet will sell fashion jewelry in the James Allen store because, as CEO Gina Drosos put it, “We want people walking up and down (M Street) with the James Allen bag.”
What Signet also wants is for people to feel comfortable, stay awhile, connect with store employees (who are all employees of the James Allen customer service center in nearby Frederick, Maryland) and create a positive association with the brand.
“This is intended to feel as much like a store as a place to hang out,” Edelman said.
And, like Signet or not, the company’s succeeded in this aspect.
There’s a bar where employees serve free coffee (my review: it’s delish) and sparkling and flat water. Lining the top of the bar are handles of Maker’s Mark.
No, just kidding. There’s no alcohol in the store.
But there are iPads on the bar that allow consumers to play games testing their diamond knowledge, and free Wi-Fi so customers can Google whatever they want while in the store (and, again to Edelman’s point, hopefully stay a while).
Overall, the store is relaxing and sun-filled, there’s good music and the vibe is nice. I didn’t mind sitting down for a while after I finished my interviews and people-watching while my phone charged.
More than creating a hang-out spot that’s like a 2018 version of Central Perk, though, Signet wants to learn from its customers.
The retailer wants to see what they think of all the digital bells and whistles it’s built into this store before it spends money to expand them into thousands of Kay, Jared and Zales locations.
“That’s probably the biggest point of all,” Drosos tells me while giving me the grand tour, pointing out all the technical touches along the way. “This is a digital playground.”
Beyond the table containing the sterling silver and CZ rings, there’s a virtual reality experience that teaches consumers all about the four Cs.
At several places in the store, you’ll find James Allen’s pink abstract heart logo on the floor. Step into it and you’ll hear information about the product in the case in front of you that’s audible only to you.
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It’s technology from a company called Holosonics, Drosos tells me, and Signet is testing it out right now.
Then there’s the iPad sitting atop the cases of fashion jewelry armed with technology from a Tel Aviv, Israel-based company called Mystore-E. Drosos said that Signet has invested in the startup (Edelman sits on the board) that is building “intelligent” retail store displays.
Long term, the Mystore-E application that’s in the James Allen store will be able to recognize customers by sight and recommend product when they come in. “Oh, here’s Jen H. She bought a pearl necklace the last time she came in; what about these pearl earrings or bracelet that go with it?”
In the short term, it scans customers’ face, makes determination about their gender and age, and suggests product for them based on that.
RELATED CONTENT: Consumers Saw Lightbox. Here’s What They Wanted to KnowMaybe customers will react favorably to all these innovations, and maybe they won’t. But the point is, having a James Allen store gives Signet the chance to test things before they invest millions of dollars installing them in thousands of stores.
And it gives the retailer to the chance to do so quickly, which brings me to my third point about the store: It is all about speed.
Drosos said technology moves so fast today, retailers need to be able to jump on board with new concepts quickly. Having this singular store that’s focused on technology allows Signet to be more agile.
If something’s hot, Signet can pick it up and test it in the James Allen store. If customers like it, then the retailer will consider a wider rollout. If they don’t, then it’s time to move on.
“It’s the speed of testing and learning that’s so important to us right now,” Drosos said.
The James store is located at 3109 M St. in D.C.’s Georgetown neighborhood. It is open from 10 a.m. to 7 p.m. every day.
The Latest
![CBP agents in Louisville, Kentucky, were busy seizing shipments of counterfeit jewelry last month, the agency said. Officers nabbed 28 shipments of jewelry and watches designed to pass as pieces from brands including Rolex, Cartier, and Van Cleef & Arpels. Pictured is a counterfeit Cartier “Juste Un Clou” bracelet. (Photo courtesy of U.S. Customs & Border Protection) Counterfeit Cartier “Juste Un Clou” bracelet](https://uploads.nationaljeweler.com/uploads/e7c0b70c799bfe84030a1dbda3475213.jpg)
Officers in Louisville seized 28 shipments of fake jewelry and watches that would have been worth more than $27 million if genuine.
![“Inside Out” takes inspiration from tailoring, specifically tuxedos and the lapel where the inside of the fabric becomes visible. The “Flip” bangles seen here feature 18-karat yellow gold that has been folded over and set with pavé diamonds ($12,700 for right, $21,500 for left). Hearts On Fire Inside Out Collection Bracelets](https://uploads.nationaljeweler.com/uploads/fc2828c6d3c97b4000252f19f0728262.jpg)
The collection centers on the art of tailoring, inspired by designs that feature folded fabrics, such as a tuxedo lapel.
![Top Image.png](https://uploads.nationaljeweler.com/uploads/17d84393fb1ce78143e2cc3ca59f2af5.png)
Colored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?
![Select Jewelry Shows has added a new show in Nashville, scheduled to be held Oct. 26-27 at the JW Marriott Hotel. JW Marriott Hotel in Nashville Tennessee](https://uploads.nationaljeweler.com/uploads/ac6eb0f0b6e08bcbd55ac4cf645c71cf.jpg)
The trade show has added a new location to its fall line-up.
![](https://uploads.nationaljeweler.com/uploads/99a46b30cc354962ac2e29ecd113587a.jpg)
![Jade Trau Ladybird Charm](https://uploads.nationaljeweler.com/uploads/c06d874eacb2e378649c91741365aac2.jpg)
From the brand’s latest collection of lucky charms, the ladybird is seen as a bearer of good fortune and a ward against negative energy.
![Rough diamonds from Canada’s Gahcho Kué mine. Production at Gahcho Kué fell 43 percent in the fourth quarter and 16 percent on the year, part of a broader decline across all mines De Beers operates. (©De Beers Group/Photo credit: Ben Perry @ Armoury Films) Rough diamonds from De Beers’ Gahcho Kue diamond mine in Canada](https://uploads.nationaljeweler.com/uploads/1808183cd6c3220034d3e219c769a544.jpg)
The moves come amid a prolonged period of lower demand for diamonds, particularly in China.
![Resolutions - 2025.jpg](https://uploads.nationaljeweler.com/uploads/7b2ba343f8d947757b0ff597db4ca873.jpg)
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
![Stuller’s Bench Jeweler Workshop will run March 28- 29 at the company’s global headquarters in Lafayette, Louisiana. Stuller Bench Jeweler Workshop](https://uploads.nationaljeweler.com/uploads/31754b1a2e71d296592b1d47f0966e23.jpg)
The workshop returns in March, along with the “Battle of the Benches” mini challenge series.
![Indianapolis independent Windsor Jewelry will continue its 100-plus years in business after finding buyers, local attorneys Fernanda Beraldi and Ed Broecker. (Photo courtesy of Windsor Jewelry’s Facebook page) Windsor Jewelry in Indianapolis, Indiana](https://uploads.nationaljeweler.com/uploads/849170760c7b8e3b1b2773ae07a65e9d.jpg)
Two attorneys purchased Windsor Jewelry, which was set to close, and will retain all existing staff at the downtown Indianapolis store.
![In his 60 years with Oscar Heyman, Adam Heyman has made many trips overseas to buy gemstones and some of his favorite memories are of visiting dealers, stone cutters, and mines throughout Asia. At left, Heyman is pictured examining gemstones in Sri Lanka circa 2010. The picture at right, taken around 1970, shows Heyman (red tie) watching a gem cutter at work in Sri Lanka with his parents, George and Bess Heyman. (Photos courtesy of Oscar Heyman) Two images of Adam Heyman in Sri Lanka](https://uploads.nationaljeweler.com/uploads/9943b3f3c57bc37a7ddf819ea4e6e8b9.jpg)
Adam Heyman joined the family business in 1965, just weeks after graduating from Columbia Business School.
![De Beers Jewellers uses rough green diamonds and polished round brilliant-cut white diamonds in the “Embrace” bracelet as an abstract nod to a tree’s roots. The main 1.72-carat oval diamond is set in a bezel made of jet, which the jeweler is using for the first time in this collection. De Beers Jewellers Embrace Bracelet](https://uploads.nationaljeweler.com/uploads/0b19cbf49dc1444ce2bcbfb236eeb421.jpg)
The “Essence of Nature, Chapter One” collection echoes trees and roots, literally and figuratively, through three sets of high jewelry.
![Hamilton Jewelers has renovated its Palm Beach, Florida, boutique, located on Worth Avenue. Hamilton Jewelers Worth Avenue interior](https://uploads.nationaljeweler.com/uploads/cd9f9acaf348dc889caf375bd65c6af6.jpg)
The fourth-generation, family-owned jeweler has given its Worth Avenue store a new look.
![Anthony Farrer, 36, the luxury watch dealer who made a name for himself as “The Timepiece Gentleman,” pleaded guilty to two counts of fraud in late 2024. Last week, a federal judge sentenced him to 70 months in prison. Stock image of a gavel](https://uploads.nationaljeweler.com/uploads/3b9f812a1bfb5532acc6a43b0dcf750c.jpg)
Luxury watch dealer Anthony Farrer pleaded guilty late last year to defrauding clients in a scheme with Ponzi-type elements.
![A 14-karat gold-plated “Sparkling Bow” necklace set with cubic zirconia by Pandora ($225). The jewelry retailer posted strong results in 2024. Pandora sparkling bow necklace](https://uploads.nationaljeweler.com/uploads/e5b8520c22df8f43d3ff99522d695b2e.jpg)
In its full-year results, the retailer shared its 2025 outlook and an update on the global rollout of its lab-grown diamond collection.
![From everyday staples to design-forward pieces, amethyst is a gemstone seen across many facets of fine jewelry. Seen here is Seal & Scribe’s “Freedom Moon” ring with hand-carved amethyst depicting a bird flying free of its cage ($3,200), one of the 16 selects in this month’s Amanda’s Style File. Seal & Scribe “Freedom Moon” Ring](https://uploads.nationaljeweler.com/uploads/8344e34d6914ef60853445872f341dcc.jpg)
Celebrate February birthstones and the gem shows in Arizona this month with a versatile stone like amethyst.
![Diamond Council of America has promoted Kristen Scheetz, formerly the education supervisor, to director of education and membership. Diamond Council of America logo](https://uploads.nationaljeweler.com/uploads/46619a9571d51a09cd96a7d9cd88c505.jpg)
Scheetz has been with the nonprofit since 2007.
![Trucks at work at Orapa, one of Botswana’s diamond mines. De Beers Group and the Government of the Republic of Botswana have come to an agreement on how they will divvy up the country’s diamond production for the next decade and are close to signing a new deal, De Beers said Monday. (©De Beers Group/Photo credit: Ben Perry @ Armoury Films) Trucks at the Orapa diamond mine in Botswana](https://uploads.nationaljeweler.com/uploads/ba5da4724696b7918f4161d1e6b49fad.jpg)
The agreement will allocate an increasing proportion of the country’s rough diamonds to the government of Botswana over the next decade.
![The “Diane” clip from Van Cleef & Arpels’ “Bal du Siècle, Bals de Lègende” high jewelry collection, one of the pieces soon to be on display at the American Museum of Natural History. The piece depicts Diana, the Roman goddess of the moon, in white gold floating above a purple star sapphire in a cloud of blue and mauve sapphires with a diamond crescent moon in one hand and a diamond star in the other. (Image courtesy of Van Cleef & Arpels) Van Clef & Arpels Diane (Diana) Clip](https://uploads.nationaljeweler.com/uploads/4a89aa976c01f42668ef3093a172d6fb.jpg)
“Cosmic Splendor: Jewelry From the Collections of Van Cleef & Arpels,” opens April 11 at the American Museum of Natural History.
![The “Sweet Life” ring by Mined + Found is made of 14-karat yellow gold with enamel and diamonds ($6,450). Consumers are expected to spend a record $27.5 billion on Valentine’s Day this year, according to the annual survey by the NRF and Prosper Insights & Analytics. Chocolate box ring by Mined + Found](https://uploads.nationaljeweler.com/uploads/3e435626bba1270b46bdf27f7be2bb1d.jpg)
Those celebrating Valentine’s Day this year are expected to spend a record $27.5 billion on jewels, flowers, candy, and more.
![Qurate, the parent company of HSN and QVC, is closing HSN’s Florida campus as it consolidates operations. The company introduced HSN+ and QVC+, a live video streaming shoppable app, in 2022. (Image courtesy of Qurate Retail Group) HSN+ QVC+ logos on a television, laptop, and phone screen](https://uploads.nationaljeweler.com/uploads/040c24a9e98572cc5b6d1f07484b4484.jpg)
Layoffs will reportedly start next month as HSN plans to move into QVC’s location in Pennsylvania.
![This yellow diamond line bracelet (left), which Michael Jackson gifted to Elizabeth Taylor, sold for $147,480 at Woolley & Wallis’ recent jewelry sale, while the Cartier necklace seen at right sold for $85,218. (Photos courtesy of Woolley & Wallis). Elizabeth Taylor diamond bracelet](https://uploads.nationaljeweler.com/uploads/83e92a5ff5ec4c00b95c559750c5669a.jpg)
The auction also featured the sale of a Cartier necklace made when Egyptomania was sweeping Great Britain.
![Lalaounis Blossom Rosette charm](https://uploads.nationaljeweler.com/uploads/03ee4d476077e127d77a835d102ab203.jpg)
The “Blossom Rosette” blooms with love, beauty, and hope for the year ahead.
![Harvey Rovinsky with his wife of 50-plus years, Maddy Rovinsky, in a picture submitted to National Jeweler when they were inducted into the Retailer Hall of Fame in 2022. Rovinsky died suddenly on Tuesday at age 77. Harvey Rovinsky, former owner of Bernie Robbins Jewelers](https://uploads.nationaljeweler.com/uploads/0bd3775c9c5977d5c0573768722df34d.jpg)
Rovinsky is remembered as a great mentor who made the employees of his stores feel like family.
![At the upcoming Centurion jewelry trade show, Facets of Fire is hosting the “Facets of Fire Diamond Charity Challenge,” which asks retailers to choose the brightest diamond in the group. Three diamonds in a row](https://uploads.nationaljeweler.com/uploads/974d953a632e584b544bac2bd920454b.jpg)
For every jeweler who tries their luck, the company will make a donation to Jewelers for Children.
![Over the last few weeks, the boards of at least five Women’s Jewelry Association regional chapters have announced their resignations, raising questions about the future of the organization. Women’s Jewelry Association logo](https://uploads.nationaljeweler.com/uploads/95e3c5f4dc0d7e557460ab0787bb41db.jpg)
The boards of at least five chapters have resigned in response to controversial statements the WJA national board president made last month.
![Melanie Grant is resigning as executive director of the Responsible Jewellery Council. John Hall will serve as interim executive director while the organization searches for a replacement. (Photo credit: Andrew Werner) Jewelry writer and curator Melanie Grant](https://uploads.nationaljeweler.com/uploads/7bfef18781617e0e0160360858123304.jpg)
An experienced jewelry writer and curator, Grant led the organization for two years.