Heidi Gardner, an SNL cast member, wore the smoky quartz earrings on the “SNL50: The Anniversary Special” red carpet on Sunday.
Consumers to Spend $4.2B on Jewelry This Mother’s Day
The National Retail Federation’s recent survey shows that more than one-third of shoppers will give jewelry as a gift for mom this year, spending an average of $96.
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Washington--According to a recent survey from the National Retail Federation, 35 percent of shoppers plan on giving jewelry as a gift this Mother’s Day. They are expected to spend an average of $96, down slightly from the $103 consumers said they were going to spend last year.
Total spending on jewelry for Mother’s Day is expected to hit $4.2 billion this year, which also is down from last year’s prediction, $4.32 billion.
All told, U.S. consumers are expected to spend $21.4 billion on gifts for mom across all categories this year. Individually, they will spend an average of $172.22, down slightly from last year’s record high of $172.63.
In addition to jewelry, shoppers indicated they would spend on flowers (67 percent), “special outings” like dinner or brunch (55 percent), gift cards (43 percent), clothing (35 percent), electronics (14 percent) and personal services like a day at the spa (23 percent).
For the first time, NRF also asked consumers about experiential gifts like tickets to a concert or sporting event. According to the survey, 24 percent want to receive a gift like this while 22 percent plan to give it.
When asked where they will shop, one out of three consumers indicated they will head to department stores and 29 percent will shop at specialty stores, while 23 percent plans to shop at a local small business.
Outside of brick-and-mortar, 27 percent will shop online, up from 25 percent last year. Thirty percent will research gift ideas on their phones while 16 percent will use them to actually make a purchase.
“It’s clear that Americans want to honor their mothers this Mother’s Day,” NRF President and CEO Matthew Shay said. “Whether it’s a special meal at her favorite restaurant, jewelry or a new smartphone, families are planning to indulge mom again this year.”
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The reversal comes less than two months after the Zambian government reinstated the tax in an effort to bring in more money.
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The organization also announced its newly elected officers and directors.
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This year will feature a new MJSA Showcase and partnership with Piazza Italia.
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As anticipated, Anglo took another impairment charge on the diamond miner and marketer, which saw revenue sink 23 percent in 2024.
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Ronald Winston is giving the 2.33-carat “Winston Red” to the Smithsonian, 67 years after his father donated the Hope Diamond.
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Kirit Bhansali, a partner in Smital Gems and chairman of India Jewellery Park, will take on the role of chairman.
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Colored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?
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Alisha Cornett, Nic Faini, Eric Stevens, and Seth Shipley have joined the organization’s board of directors for a three-year term.
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The company has to pay the Justice Department and FinCEN for violating the Bank Secrecy Act, the U.S.’s main anti-money laundering law.
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Petra Diamonds Ltd. CEO Richard Duffy resigned as the diamond miner reported a 30 percent drop in sales to start its fiscal year.
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Pinterest is a potential gold mine for jewelry brands, Emmanuel Raheb writes, provided they follow these five tips.
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The boutique is the French luxury brand’s first airport store on the West Coast.
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The store’s facade now features the iconic swan logo and campaign images of the “Wicked” star.
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Beginning in April, companies importing diamonds into the United States will have to list the country in which the diamonds were mined.
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Around 30 whimsical Fabergé animal carvings will go up for auction at Sotheby’s Geneva in May.
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Assimon will be leaving at the end of February after nearly five years with De Beers.
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Designs from the brand’s “Oera” collection have been reimagined with modern masculinity in mind.
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The wholesale collection features material from the Rock Creek mine in a variety of colors.
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The “Divinely Guided” collection, created in collaboration with Theresa Caputo, features symbols that celebrate the power of connection.
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Show some love on Valentine’s Day with this 14-karat yellow gold ring that features pavé diamonds.
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The employee confronted the thief, causing the suspect to flee and leave behind the suitcases full of jewelry.
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Namib Desert Diamonds also put its security manager on leave following last month’s robbery that left one employee dead.
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AGTA recently concluded its 2025 GemFair event in Tucson and is already gearing up for next year’s show, set for Feb. 2-6, 2026.
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More than 400 new pieces are featured in the supplier’s latest catalog.
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This curation celebrates love with heart-shaped jewelry of all shapes and sizes.
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The fund is collecting money for jewelry businesses damaged by the wildfires in Los Angeles County.