×
78 317
Fashion Jobs
NIKE
Senior Software Engineer ii - Business Planning & Consolidation
Permanent · Beaverton
NIKE
Special Assets – Governance Operations Senior Manager
Permanent · Beaverton
ABERCROMBIE AND FITCH CO.
Director, Digital Product Management (Remote)
Permanent · Columbus
TAPESTRY
Manager, Account Executive
Permanent · New York
JOCKEY
Merchandise Planner
Permanent · Kenosha
JOCKEY
Global Supply Chain Planning Manager
Permanent · Kenosha
SALLY BEAUTY CORPORATE
Outside Sales Representative -Cosmoprof
Permanent · Boston
SALLY BEAUTY CORPORATE
Outside Sales Representative
Permanent · Wichita
NORDSTROM INC
Manager - Asset Protection - Downtown Seattle Rack
Permanent · Seattle
ATHLETA
Assistant General Manager - Mall of America
Permanent · Bloomington
OLD NAVY
Assistant General Manager - Fremaux tc
Permanent · Slidell
BLOOMINGDALE'S
Registry Consultant, Full Time: 59th Street
Permanent · New York
ALICE AND OLIVIA
Business Systems Analyst – Wholesale
Permanent · New York
LEVI'S
Retention Marketing Manager - Beyond Yoga
Permanent · Culver City
LEVI'S
Senior Manager, Business Analytics - Beyond Yoga
Permanent · Culver City
LEVI'S
Senior Manager, Direct Mail Marketing - Beyond Yoga
Permanent · Culver City
RALPH LAUREN
Associate Manager Merchandise
Permanent · Bluffton
MACY'S
Manager, Business Administration
Permanent · Bay Shore
MACY'S
Asset Protection Detective, Quaker Bridge Mall - Part Time
Permanent · Lawrence Township
MACY'S
Asset Protection Detective, Dadeland - Full Time
Permanent · Miami
MACY'S
Asset Protection Detective, Garden State Plaza - Full Time
Permanent · Paramus
MACY'S
Asset Protection Detective, Gurnee Mills - Part Time
Permanent · Gurnee
By
Reuters
Published
Feb 18, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

De Beers' Forevermark diamonds to add 10 pct more outlets in 2017

By
Reuters
Published
Feb 18, 2017

Diamond jewellery retailer Forevermark, part of the Anglo American mining group, has expanded to 2,000 outlets globally and expects a further 10 percent rise this year, Chief Executive Stephen Lussier said on Friday.


De Beers



The number of new Forevermark outlets, which sell selected De Beers diamonds, rose by 14 percent last year with a move into three new markets – Hungary, South Korea and Thailand.

This year, Lussier said he was looking at expanding further in some existing markets, including South Korea and Thailand, as well as moving into France.

"We'll keep growing, but we want to be a little bit careful. It's about quality, not quantity," Lussier told Reuters, adding that the projected growth in the number of outlets would be around 10 percent for 2017.

The 2,000th outlet, or "retail door," as Forevermark refers to it, is in the city of Bursa, Turkey.

Forevermark was launched in 2008 with the promise of diamonds that are rare, beautiful and responsibly sourced. Since then it has expanded to reach 25 markets worldwide.

De Beers had a difficult year in 2015 and recovered last year, although sales of some qualities dropped in the final quarter following India's decision to withdraw its high-denomination bank notes, which hit retail spending.

Lussier said the Forevermark retail outlets accounted for global revenues of close to $1 billion in 2016, a figure that had roughly doubled since 2013.

De Beers spent $85 million on Forevermark marketing in 2016 and is also a member of the Diamond Producers Association (DPA), set up in 2015 to promote diamonds on behalf of the diamond industry as a whole.

 

© Thomson Reuters 2022 All rights reserved.