Franck Juhel

Engagement with lab-grown diamonds is a topic close to my heart lately! It's essential to acknowledge that consumer preferences drive the market, not the other way around, regardless of brands' resistance. Gen Z and young consumers are leading the charge towards sustainability and ethical practices. Personally, I cherish and proudly wear both natural and lab-grown diamonds. At the end of the day, they're both real diamonds, so let's embrace them wholeheartedly instead of engaging in unnecessary debate. 💎 #Sustainability #EthicalFashion #Diamonds #LabgrownDiamonds

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Why nature matters to business Join Watch & Jewellery Initiative 2030 with Marie-Claire Daveu at JCK. The science is clear. Nature is deteriorating globally, and biodiversity is declining faster than at any time in human history. Both business and society depend on services that nature provides for free, providing the foundation for every economy — such as fresh water, healthy soils and a stable climate. The majority of these vital ‘ecosystem services’ are in decline. The global economy is already operating outside the safe zones for six of the nine planetary boundaries — processes that are critical for maintaining the Earth’s stability. Ecosystem services are not being appropriately priced by business and financial markets today. There is growing evidence that this poses risks for businesses (including watch and jewellery companies), and the supporting services such as capital providers, financial systems and economies, and that these risks are increasing in severity and frequency. For more on this topic see Taskforce on Nature-related Financial Disclosures (TNFD). Biodiversity and Nature are terms often used interchangeably. But there is a difference. Simply put, biodiversity is the part of nature that is alive, and includes every living thing on Earth. Nature is all the existing systems created at the same time as the Earth, all the features, forces and processes, such as the weather, the sea and mountains (Convention on Biological Diversity). All businesses, including yours, are dependent on the biological diversity, natural resources, and ecosystem services provided by nature. A clear understanding of the relationship between business, nature and biodiversity is a crucial first step for companies wanting to understand how their business can thrive and contribute to a Nature Positive world.   I am happy to share that I will be moderating a panel at JCK on May 30th for “Empowering the Change: a Fireside Chat on Nature & Climate Solutions” with esteemed speakers, Marie-Claire Daveu, Chief Sustainability and Institutional Affairs Officer, Kering, and @Dr. M Sanjayan, CEO, Conservation International. This discussion will encompass how to better link production to protection, what the stakes are for business and nature, and advice for leadership as looking for solutions to curb planetary change. Click the link to learn more about The Sustainability Summit at JCK: https://lnkd.in/e_CVjTFV and join us to empower the change. #Sustainability #JCK #EmpowerTheChange #WJI2030

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Watch & Jewellery Initiative 2030 launches the Nature Roadmap at JCK to address the nature crisis and the role to act for the global watch and jewellery industry Today at the JCK Las Vegas Sustainability Summit, the Watch and Jewellery Initiative 2030 (WJI 2030) launched the Nature Roadmap, which provides a framework for businesses to act together in response to the nature and biodiversity crisis with guidance on the key steps that companies need to take – Assess, Commit, Transform, and Disclose. The Nature Roadmap is the result of a collaborative effort between WJI 2030 members and leading industry and biodiversity experts. This comprehensive Roadmap distils information on available frameworks, leading practices, and expert knowledge, providing a clear path for companies to make meaningful contributions to biodiversity. As a living document, the Nature Roadmap will continually evolve, responding to changes in the nature-business landscape to remain relevant and effective. Biodiversity is crucial for the watch and jewellery industry. All companies are dependent on the biological diversity, natural resources, and ecosystem services provided by nature. A clear understanding of the relationship between business, nature and biodiversity is a crucial first step. Recognizing this, WJI 2030 is committed to leading the sector in promoting sustainable practices that protect and restore nature. Nature is in crisis. The entire world is losing biodiversity at an alarming rate and climate change is fuelling the loss of ecosystems. Risk analysis shows that businesses cannot survive without nature and its many essential services. The watch and jewellery sector is up against the same challenges. Extractive mining, chemical use in processes, water use in production steps all put our sector in a nature hot seat! Such dire analysis can make many feel at a loss: how can just one company single-handedly help invert the curve of biodiversity loss to a curve of regeneration and ensure resilience for the future? “Science and innovation can help businesses be one of the most significant contributors for generating a positive impact on nature and climate. In recent years, the need to act for nature has gained awareness and the international community has put it at the top of the list of risks and opportunities to embrace. Much hope sits in businesses’ particular capacity to help accelerate and scale systemic change for greater resilience. WJI 2030 is here to support its members and pave the way for the wider industry, regardless of their current progress in their biodiversity journey.” The launch of the Nature Roadmap marks a significant milestone for WJI 2030 and its members. It reflects its collective commitment to sustainability and the vision for a future where business and nature thrive together.

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🌍 This Earth Month, I'm proud to reflect on the strides we've taken towards not just creating exquisite jewellery, but doing so with the utmost respect for our planet. Our journey is driven by a passion for beauty that doesn't compromise on ethical standards or sustainability. 💎 Our "Lab Diamonds, Consciously Created" collection of lab grown diamond jewellery is a testament to our commitment to these values. Each piece in this collection features not only real diamonds but also recycled gold, silver, and platinum, ensuring that we're not just minimising our impact on the environment but actively contributing to its wellbeing. ♻️ Sustainability is not just a buzzword for us; it's woven into the very fabric of our operations. From sourcing to production, every step is taken with a conscious effort to reduce, reuse, and recycle. We believe in transparency, responsibility, and the power of conscious consumerism. 🌱 This Earth Month, let's celebrate the beauty of our planet by choosing options that are kind to it. Explore our "Lab Diamonds, Consciously Created" collections and join us in making a difference, one precious piece at a time. Together, we can create a legacy of sustainability and beauty that lasts forever. 👀 https://lnkd.in/ejUrENWZ #EarthMonth #SustainabilityInJewellery #RealDiamondsConsciouslyCreated #TheDiamondStore

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Market2024: NO.31 Poll Summary: Fashion's Impact on Eyewear Choice Poll Results: A Great Deal: 18 votes (🌟) Moderately: 11 votes (👍) Slightly: 6 votes (👌) Not at All: 7 votes (🙅‍♂️) Quick Take: Fashion plays a big role for many when picking eyewear, with 29 folks valuing style from a bit to a lot! 👓🎨 Advice: Shoppers: Mix it up! Choose frames that match both your style and comfort. 🎭👓 Retailers: Stock a variety of styles to cater to all fashion tastes. 🏬👀 Let's keep rocking those stylish frames! 🚀👓 #Eyewear #Fashion #StyleChoices #Market2024 #marketresearch

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🔹The Lightbox Retail Brand: De Beers' First Move to Return to Its Roots 🔹 The diamond industry is experiencing seismic shifts, with significant implications for both consumers and major players like De Beers. In a strategic pivot, De Beers has announced its first move to go back to its roots, focusing on its core business of natural diamond mining. This decision is underscored by the challenges facing the lab-grown diamond market, where falling prices and the rise of online manufacturers threaten to undermine the industry's profitability. The Bleak Future of Lab-Grown Diamonds Lab-grown diamonds, once hailed as the future of the diamond industry, are now facing a bleak outlook. The initial allure of these diamonds—offering a more affordable, alternative to mined diamonds—has been overshadowed by a rapid decline in prices. This price drop is driven by an oversupply of lab-grown diamonds and the competitive pricing strategies of online manufacturers, many of whom operate under different brand names to capture various market segments. These online manufacturers leverage direct-to-consumer e-commerce platforms to bypass traditional retail channels, significantly reducing their overhead costs. This approach allows them to sell lab-grown diamonds at lower prices, further driving down the market value. As a result, the profit margins for retailers of lab-grown diamonds are shrinking, making it increasingly difficult to sustain a viable business model in this segment. De Beers' Strategic Shift In light of these market dynamics, De Beers has made a calculated decision to refocus its efforts on natural diamonds. 💎 The company has recognized that its strength lies in its extensive expertise and infrastructure in natural diamond mining. By doubling down on this core competency, De Beers aims to extract greater value from its natural diamond pipeline. This strategic shift is not just about capitalizing on De Beers' existing assets; it's also about reasserting the unique value proposition of natural diamonds. Unlike lab-grown diamonds, which can be produced in unlimited quantities, natural diamonds are finite and carry a sense of rarity and exclusivity that resonates with consumers. The Path Forward De Beers' decision to return to its roots is a clear indication of the company's long-term vision. By focusing on natural diamond mining and enhancing its downstream value extraction, De Beers is positioning itself to navigate the challenges posed by the evolving diamond market. This move is also expected to fortify its brand, reaffirming its commitment to offering high-quality, natural diamonds to consumers worldwide. I have no doubt that the diamond market will recover stronger than ever in the next 18-24 months. #naturaldiamonds #debeers #shimansky #lightbox #luxurybrands #laggrowndiamonds #jcklasvegas

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What drives our company? Beyond sharing Ammolite’s fascinating story and colour, we also recognize the significance and importance of paying homage to Ammolite’s beginnings, deeply intertwined with the Blackfoot Tribes of North America. Today, we honour the rich cultures, traditions, and contributions of First Nations, Inuit, and Métis peoples. Let's take this opportunity to learn, reflect, and celebrate the vibrant history and heritage of Indigenous communities across Canada. Let’s take a moment to acknowledge and celebrate Indigenous communities' rich heritage and contributions. Recognizing and respecting the people and culture that have shaped our nation is essential. Embracing diversity and understanding different perspectives are essential for a harmonious society. Let's continue learning and growing together, appreciating the beauty of our shared history. Iniskim Ammolite, as an organization, is committed to standing in solidarity with the Indigenous peoples and communities today and every day. We acknowledge the need to listen, learn, and be actively engaged and dedicated to amplifying Indigenous voices, supporting Indigenous causes, and advocating for Indigenous rights. We are blessed in Canada with incredibly rich and diverse indigenous knowledge, languages, and culture. At Iniskim Ammolite, we are committed to showcasing and celebrating the resiliency of Indigenous communities across Canada; let's all take a moment to acknowledge the vital role that Indigenous languages play in our shared history and culture. Sharing our video showcasing the origin and the tale of Buffalo Stone, also known as “Iniskim” https://lnkd.in/gPa_-cft; we are captivated by eco-responsibility, transparency and traceability of our sourcing #IniskimAmmolite from Indigenous sources. #culturalawareness helps us make connections between the past and the present. Let's empower every voice and collectively work together to make economic reconciliation a reality, a journey towards community resilience. It is time to reflect on our history and decide where we want to go and who we want to be as a country; let's create the future we want to see. Economic reconciliation is critical to building an inclusive and accessible economy. It's an exciting time ahead! What does economic reconciliation mean to you? Let’s continue to educate ourselves and others about the truths of our shared history. By acknowledging the past, we can strive for understanding and create an inclusive future for all. Be part of the conversation! We must take time to pause and learn to reflect. It's time to think about where we have been and where we are now as a nation. For settlers like me, in a place of privilege, it’s time to take direction and act. I encourage you to do the same🧡 National Indigenous Peoples Day! #IndigenousPeoples #CulturalAppreciation #NIPD #Indigenous #culture #contributions #firstnations #inuit #metis #reflect #history #heritage #Canada #diversity #culturalheritage

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Botswana is the future of the diamond industry. Their diamonds make the world a better place by providing citizens with free health care, education, roads, water etc. Where would the people of Botswana be without diamonds? Thr real diamond business is about people not just stones. There is a reason G-D gave diamonds to the poorest people in the world and made the richest desire them. Bridging that gap is “Tikun Olam” - fixing the world. That is the reason the diamond trade exists.

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We frequently discuss the challenges within the jewelry industry, particularly faced by a company while hiring jewellery designers. However, are we aware of the specific hurdles jewelry designers and design students encounter? Join me as I talk to Ms.Divisha Bhatia and delve into the current issues surrounding jewelry design training and how our platform, DESDES, is effectively addressing these challenges on a global scale. https://lnkd.in/gycd5vMw #jewelry #jewellery #jewelrydesign #jewellerydesign

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Signet Jewelers and De Beers Join Forces to Boost Natural Diamond Demand Signet Jewelers has partnered with De Beers, the leading diamond company, in a pioneering marketing collaboration. This partnership aims to boost demand for natural diamonds by leveraging Signet's retail strength and De Beers' industry insights : This partnership will provide De Beers with deeper insights into consumer choices between jewellery set with natural stones and more affordable lab-grown diamond alternatives. Signet, on the other hand, will focus on enhancing the perceived value of natural diamond jewelry while continuing to offer lab-grown diamonds alongside. Signet anticipates a significant increase in the number of couples getting engaged over the next three years. Their proprietary data suggests a 25% rise in engagements from now through 2027. Cook highlighted the significant role De Beers has played in Botswana’s development, transforming it into one of Africa’s wealthiest nations. Additionally, De Beers is committed to environmental sustainability, protecting more land than they disturb through their mining operations. Drosos emphasized the importance of correcting misconceptions about the environmental impact of lab-grown diamonds. “There is misinformation that makes consumers think lab-created diamonds are a better environmental choice,” she said, noting that lab-grown diamonds require significant fossil fuel energy. A Unique Partnership Cook described the partnership with Signet as groundbreaking, providing valuable insights across the entire diamond supply chain. For Signet, it represents a new chapter in engaging customers at the start of their lifelong jewellery journey. “This collaboration goes deeper than what we’ve done before,” Drosos concluded. “It’s a new layer of marketing collaboration to help us understand consumer trends and influence the future of natural diamonds in the jewellery industry."

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🔓 Revolutionizing one of the most UNORGANISED SECTORS in the Economy It's been about three years since I joined the family business in retail and jewelry manufacturing. I've found it challenging to fully grasp the daily operations of our store😅 Despite its glamorous appeal, retail jewelry remains one of the most unorganized sectors in the economy. AI and technology are now helping local family Jewelers like us align with more organized players in the industry by enabling greater experimentation, integration into daily operations and most importantly the importance of being data-driven and process-oriented. Here are a few takeaways ✔️Capture and analyze store performance metrics on the daily. 📊 ✔️ Embrace technology and adopt advanced management systems by investing in tech such as ERP systems ✔️ AI-driven inventory management systems that feature design banks, allowing retailers to showcase older designs that are not currently in stock, enhancing customer experience and choice. Have you included the use of AI and technology to transform your business management? Follow Sharad Arora for more insights on accesorising, Jewelry and Entrepreneurship!

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Increased supply lowers price which increases competition which lowers price. Synthetic diamond prices will fall to cost plus added value. Adding value to synthetic diamonds is in the domain of fashion jewelry as merchandised by Swarovski. Pandora, and eventually WallMart, Amazon and other retailers that specialize in low cost adornments. Synthetic people that misposition synthetic diamonds as engagement rings will go bankrupt. The gift of commitment requires something of value. Marriage is not a one night stand and engagement rings are not costume jewelry, There is a relationship between real values, real value and real diamonds.

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💎 JCK Las Vegas: To Be or Not To Be? One of the most prominent events in the jewelry industry, has witnessed significant transformations over the years. Initially a premier platform for suppliers to showcase their latest collections and for retailers to discover unique pieces, the dynamics of the show have evolved in ways that are reshaping industry practices and relationships. The Shift in Supplier-Retailer Dynamics From fostering a relationship built on mutual trust and a shared vision for quality and uniqueness. In In recent years we have seen a shift towards a "pay-as-you-go" model, where suppliers push their goods to retailers at all costs, often on consignment or memo. The Allure and Pitfalls of Memo Stock Memo stock, where retailers receive goods without payment and only pay once the items are sold, might seem like an attractive proposition. Retailers are drawn to the idea of having inventory without upfront costs, believing they are getting a deal. However, this model comes with hidden drawbacks. 1. Restricted Freedom and Choice: When retailers rely heavily on memo stock, they lose the freedom to choose what they genuinely believe will resonate with their customers. Instead, their inventory is dictated by what suppliers are willing to offer on consignment, potentially leading to a less curated and distinctive selection. 2. Higher Costs: Memo stock comes with a higher price tag due to the added costs of financing and stock management. Suppliers need to account for the risks and expenses associated with consigning goods, which translates to higher prices for retailers. An additional 10-20% markup may not seem significant at first glance, but it can erode final retail prices and margins over time. The Case for Commitment and Passion Retailers who commit to purchasing and owning their stock often experience better outcomes. When retailers invest in pieces they love and believe in, they are more likely to sell with conviction and passion. This enthusiasm can be contagious, leading to stronger customer relationships and increased sales. 1. Curated Selection: By choosing inventory based on personal conviction and market understanding, retailers can offer a more curated and appealing selection. This distinctiveness can set them apart in a competitive market. 2. Stronger Customer Relationships: Customers can sense when a retailer is passionate about their offerings. This passion fosters trust and loyalty, enhancing the retailer-customer relationship, which is crucial for long-term success. Retail is part art part science but mostly passion to help customers to select amazing jewelry for their special moments. Share your views 🙂 #jcklasvegas #jewelry #diamonds #jewelryretail #luxurybrands #shimansky #Jewelryretail

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African Art in Vogue There is currently a fast growing demand for african contemporary art amongst luxury customers and art collectors. #artmarket Since 2016 the size of the contemporary african art market has doubled in size. Between 2022 and 2023 this market grew by more than 50%. The demand is coming mainly from european customers and is driven by changing perceptions of taste and beauty. #luxurycustomer African culture including art, music, beauty and more recently food is popular. This is creating growth opportunities for luxury brands. #growthstrategy Some very commercially savvy brand executives and creative directors are positioning their brand to capitalise on this change in customer behaviour. #luxurybrand Scientia est Potentia - Knowledge is Power #artmarket #luxurycustomers #thefreshkid

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Diamonds are traditionally cherished in their classic round cut, but there's a world of stunning shapes that bring a whole new personality to jewellery. From the regal emerald cut to the romantic heart shape, and from the modern princess cut to the sophisticated Asscher, each shape offers a unique sparkle and an opportunity to express personal style. What's more, shapes like the elongated oval or the striking baguette are becoming increasingly popular for their distinct appearance and the way they can enhance a piece's overall design. One of the great advantages of LGDs is their affordability, which allows for experimentation with these various shapes without the steep price tag associated with their natural counterparts. This accessibility opens up the world of diamonds to more people, offering the chance to own something truly special and personalized. At The6c, our signature collection embraces this diversity, where exquisite design meets responsible sourcing, all while embracing the myriad shapes that make each diamond uniquely yours. #NotJustRound #the6C #labgrowndiamond Not just round, shape your moments with our Gem-ometry. 🤗

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Market2024: NO.7 Poll Summary: Picking the Perfect Pair - Favorite Eyewear Frame Materials 🤓👓 Acetate: 57 votes (57%) 🎨✨ Plastic: 24 votes (24%) 💪🌈 Metal: 17 votes (17%) 🤖🛠️ Other: 8 votes (8%) 🌿🚀 Acetate leads the style race with a 57% vote for its chic look and comfy wear. Plastic isn't far behind, showing its true colors with affordability and variety. Metal makes a sturdy statement, flexing with sleekness and strength. And those curious 'Other' materials? They hint at an appetite for innovation and eco-friendliness in frame fashion. From the optics expert's view 🧐, it's clear: material matters! Acetate's hypoallergenic touch and plastic's playful vibes contrast with metal's timeless appeal. With eco-conscious choices on the rise, there's room to grow for greener materials 🌱🌍. Eyewear aficionados, take note: Flexibility, fashion, and a nod to nature are key ingredients for tomorrow's top trends. Here's looking at you, future of frames! #StyleSpectrum #Eyewear #Ecofriendly #Market2024 #FashionForward #Frames

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