The Timeless Appeal of Luxury Jewellery
The jewellery industry is another luxury sector that dominates the market. Diamonds are said to be women’s best friend. Just by mentioning the word “jewellery”, a broad smile appears on a lady’s face. Big jewellery houses have hundreds of years of expertise, and most brands are family-owned businesses, passed down from generation to generation. Most of the time, the members of these families are even the jewellers who made these spectacular creations. They can sometimes outsource the production, but in almost all cases they manage to maintain customer loyalty by offering personalized services to meet their requirements.
We are talking about an industry that is unique to the other sectors of luxury. Here, the price of the products is set according to the weight of the gold or the number of carats. People buy precious stones from the „maisons” they trust, being estimated according to size, purity and shape. The jewellery products are generally standard models and in exceptional cases elements are modified or added, especially for the demanding customers.
Luxury jewellery is characterized by its exceptional quality, design, and the use of rare and valuable materials such as gold, platinum, diamonds, and precious gemstones. The allure of luxury jewellery lies not only in its beauty but also in the artistry that goes into creating each piece. Brands like Cartier, Van Cleef & Arpels, and Tiffany & Co. are renowned for their iconic designs that have stood the test of time. Moreover, luxury jewellery often carries a rich heritage. For instance, pieces from the House of Bvlgari or Harry Winston are not just seen as beautiful but also as a part of history, with designs that have adorned royalty and celebrities alike. These brands have become synonymous with elegance and sophistication, making their jewellery highly coveted.
The creations of the big luxury jewellery houses are rare and their replication is almost impossible. These companies use metal ornaments in its purest form, in order to provide the customers exactly what they are looking for. In general, those who buy creations from these luxury brands are expecting the best: owning an exclusive set of jewellery is a matter of pride and status for them.
Unlike the products of fashion or cosmetics industry, the value of a jewellery piece can rise to the level of tens or even hundreds of thousands of euros. As for gold, there is a well-established price per gram, and prices may not vary much. Jewellers are not considered mere sellers of gold, but rather artisans of personalized objects. In this industry, everything is different, from the production costs to the manufacturing and handcrafting process. In addition, the customers are different. They are willing to spend tens of thousands of euros on an extremely small object. Therefore, the services offered in a luxury jewellery store must be exclusive and special. The way a ring or a bracelet is presented can be decisive in the decision-making process and can bring brand recognition. The paradox is that, although jewellery takes the form of the smallest objects, they are the most expensive and long-lasting pieces.
Some jewellery houses are focused on making products for special occasions. For example, Tiffany & Co., one of the most powerful companies in the world, is famous for the engagement rings. The wedding or birth of a child are special moments in the life of a human being, so he looks for the most special objects to celebrate the event