Nicolas Baretzki

Focusing on the salespeople (last 18 inches) for engagement rings is the correct approach. Training is good but not sufficient if the economic incentive for synthetics is superior. How much profit in dollars not percentage does the retailer and salesman (commission) make on the sale of a synthetic vs natural diamond? The bottom line is the bottom line.

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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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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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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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What trends are evident in these pictures? ⚽ David Beckham x Hugo Boss 🎸 Pharrell William x Louis Vuitton 🎾 Roger Federer and Rafael Nadal x Louis Vuitton 🏆 Cristiano Ronaldo and Lionel Messi x Louis Vuitton 🏠 Loro Piana Interior “A Tribute to legendary Milanese architect and designer Cini Boeri”  🎭 ⚽ Collaborations between artists and fashion brands are not new, as art and fashion have long been intertwined. But we see the strategic approach of luxury brands has expanded to a whole new level, encompassing sports, music, hotels, books, furniture ..., or more broadly, cultural pivots that are reshaping the luxury industry. These partnerships can range from advertising campaigns to social media sensations to strategic involvement in the design process. 🎼 This new direction spans a variety of aspects of life that capture people's interest. It leverages world-famous personalities' unique aesthetics and fan bases to attract consumers and build emotional connections with them – perhaps even investing in the products. 🎤 Brands are creating deeper links between culture, entertainment, and brand identity. This shift may be crucial for transforming into megabrands. However, how can we balance accessibility vs exclusivity? Desirability vs visibility? This is the ultimate challenge. What's your take on this? Share your thoughts in the comment. #luxury #culture #collaborations #luxurymarketing #brandstrategy #brandmanagement #hugoboss #louisvuitton

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Get up to speed with key takeaways from Hogan Lovells' ESG webinar! Here are some notable 'sound bites' for those who couldn't join live.

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Volume Up, Value Down: The Rise of Lower Ticket Items in Jewelry In recent years, the jewelry industry has witnessed a significant shift in consumer preferences and purchasing patterns. The current economic climate, coupled with the rise of direct-to-consumer (D2C) brands, has led to the emergence of lower-priced jewelry items. This shift has not only posed challenges to manufacturers' capacity but has also highlighted the importance of delivering a meaningful difference to consumers. Escape the sea of sameness and thrive in an increasingly competitive market. D2C brands have leveraged technology and social media to build strong online presence and engage with their target. The increasing demand for lower-priced jewelry has placed considerable strain on manufacturers' capacity. Producing high-quality jewelry at affordable prices requires meticulous craftsmanship and efficient production processes. Every dollar counts in this scenario, as manufacturers need to strike a delicate balance between cost optimization and maintaining the desired level of quality. This challenge has pushed manufacturers to embrace innovative manufacturing techniques and optimize their supply chains to meet the growing demand. As the market becomes saturated with lower-priced jewelry options, standing out from the competition is crucial for brands. Simply offering affordable jewelry is no longer enough to capture consumer attention. Brands must focus on understanding their target customer base, their preferences, and aspirations. By creating unique designs, incorporating meaningful stories, or using sustainable materials, brands can differentiate themselves and offer a compelling value proposition to consumers. Building an emotional connection with customers becomes paramount in escaping the sea of sameness. Knowing your customer is essential in delivering a personalized and memorable experience, which ultimately leads to brand loyalty and higher price command. Failing to differentiate or deliver a meaningful difference can result in stagnation or even decline. A well crafted strategy well executed is paramount to any brand. #luxurybrands #jewelry #shimansky #luxuryretail #brandstrategy #diamondjewelrt

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"Mistakes are just life's quirky breaks." At Maison SEPTEM , we believe in the power of authenticity and growth. We are more than 900strong, committed to connecting our networks to support and grow together. I want to take a moment to thank you for being here and remind you of the content I share on my LinkedIn profile. Here, you will find: ➡️ Messages that highlight the value of work in its entrepreneurial and professional roles within Maison Septem - to celebrate identity in its professional context ❤️ ➡️ Professional and personal experiences to help you avoid similar mistakes ✨ ➡️ Key insights from my expertise in sales, marketing, procurement and communication to share proven tips that will boost your productivity and, ultimately, your profits 💶 In short, I firmly believe in the power of true sharing and the richness that comes from it. Looking forward to enriching myself further by reading and engaging with you. Meanwhile, keep taking care of yourself physically but especially mentally 🔥 #Authenticity #Growth #Networking #ProfessionalDevelopment #Entrepreneurship #PersonalGrowth #Productivity

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This is just Delicious Art! Luxury brands like Louis Vuitton are masterfully blending art, design, and high-end experiences to shape brand perception. The recent reopening of their Saint-Tropez restaurant exemplifies this approach. Here, the fusion of Arnaud Donckele’s culinary artistry with Maxime Frédéric’s dessert creations, set against a backdrop of meticulously designed decor inspired by the Côte d’Azur, creates a multi-sensory luxury experience. I see this as a perfect example of how integrating diverse creative elements can elevate a brand. By using art & design to evoke a sense of place and lifestyle, Louis Vuitton not only showcases its products but also builds an aspirational world that consumers want to be part of, resulting in deep emotional connections, reinforcing the brand’s prestige and allure. Here's to celebrating the power of art & design in crafting luxury experiences! 🥂 #brandexperience #powerofdesign #artandluxury #louisvuitton #brandperception

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The Epic Story Behind This Creation Imagine a starry evening at the heart of the Princely Palace of Monaco, a place where elegance meets history. It was here that we first crossed paths with Louis Ducruet. From the very first minutes of our conversation, a spark ignited. We discovered that we shared a burning passion for samurais and Japan. From this serendipitous encounter was born a bold idea: to merge our love for haute horlogerie with the mysterious world of samurais in a joint creation. We are not merely talking about making a timepiece, but about forging a masterpiece that embodies the very essence of time and the art of the sword. In designing the Cyborg Black Shadow Warrior, we sought to capture the soul of the samurai in every element of this revolutionary timepiece. The delicate details and complex mechanisms draw inspiration from the honor, courage, and precision that define these legendary warriors. We immersed ourselves in Japanese history and culture to imbue our creation with unique depth and significance. By combining our horological expertise and shared passion, we have given birth to a piece that transcends time. It is much more than a mere timepiece; it is a sensory experience, a dive into a world where every second tells a story. This bold project is an ode to innovation and tradition, destined to captivate adventurous spirits and aesthetes around the globe. #SamuraiTimepieces

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Thanks Danny Younis for this insightful post. I would also add that Independent brands are gaining the share of wallet from the big spenders. Stay tuned, more insights coming in the next days! You can view the full report at www.everywatch.com

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Synthetics will dominate bridal in 2024 and the collapse in 2025 when brides figure out they have been ripped off. Synthetic diamonds will go the way of CZ. Retailers who sell synthetic diamond engagement rings for huge profits will have to answer to brides who see their thousand dollar engagement rings offered for sale at WalMart for hundreds or even tens of dollars. Real natural diamonds will return as the ultimate gift of commitment because they are valuable as is the marital relationship. Millennial women in their thirties are not interested in tinder experiences. They want stable long term relationships and the opportunity to have children with men they love. Men also want loyalty, love and commitment. The synthetic engagement ring trend will blow away as will the jewelers selling them. Marriage is not a one night stand. Engagement rings are not costume jewelry.

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#DeBeers stops to make #LGD for #jewlery. At #JCK, the price of LGD is brutal. Quite a few Chinese dealers came to JCK for selling and ended up buy #LGD because of crushing prices at JCK. They can make the money by reselling them in China. With cheap and cheaper LGD, the cutting cost and lab reports take much bigger percentage of total cost of LGD. In my view, the lab reports for LGD will have NOT so bright future. Who cares a LGD is D or F color while it is hard to resell at a good price. Who cares about clarity of LGD while the price hit new low every month. #IGI is a leader on LGD report who looks for IPO. Well, it is better to act fast to grab some money from investors. https://lnkd.in/gcU4-yKu

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Up to 75% on 11.11 And a usual of 15-25% depending on the platforms! That is the reality of the Chinese market! China is not easy and expensive to handle! Very common mistake is assuming that #china is cheap. China requires a completely different strategy, quite expensive to put in place! https://lnkd.in/gEh55YUx

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How Does Louis Vuitton Combine Vintage Charm with Modern Innovation? Today, let's dive into this standout pair of LV eyewear! 🌟👓 LV has perfectly blended vintage charm with their signature logos in a pure round design. While the classic style is timeless, what sets these frames apart is the innovative horizontal LV logos that add a unique twist. 🕶️✨ The craftsmanship is impeccable. The unique slanting design of the metallic wires and the seamless fit of metal and acetate showcase top-tier quality. 💯👌 However, there's a minor drawback—the temple tips can snag hair, making it slightly uncomfortable. 😕 But for sunglasses, which aren’t worn all day, this isn't a major issue. For prescription frames, it might be something to consider. What do you think about these LV sunglasses? Share your thoughts in the comments. Let’s discuss the future of eyewear together! 💬👀 #eyewear #innovation #design #LV #vintage #eyefiy 

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It’s crucial to understand and verify the authenticity of watches to avoid counterfeit products. Ensuring provenance and certification from reputable sources helps protect your investment.

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Over the last few months (actually, many, many months!) we have been trying to solve one of our biggest problems... Our clients do not burn the candles because they believe they are too beautiful! Such a compliment but obviously this results in a very long return customer time frame, if at all! We have finally come up with an idea to transition the empty candle vessel in to a new product! This has been a long time coming with so many challenges along the way. As someone who loves things to be as close to perfect as possible, this process has been very difficult for me. We thought we had all of the pieces of the product functioning and of a very high quality and then something wouldn't fit or it wouldn't work so we would have to start all over again! This happened several times! We will finally go to market soon and I am so excited that we have got ourselves to this point. Is it 100% perfect, no, because on the cards inside the packaging the font is so small, it is not ideal. Will everyone love the fragrance, no. We have decided that if we wait for everything to be absolutely perfect we may never go to market. This is a difficult thing to balance when building a luxury brand - Go to market with the product that's almost 100% or wait and continue to analyse every single tiny detail until it is never perfect anyway? What do you think? If you want to know more, follow along on Instagram here at https://lnkd.in/g2_H2hmd or head to the website and subscribe to be the first to find out about our new aromatic statement piece. I am so grateful for every like, comment, share, follow, save etc! All of this is so very helpful when building a business, so thank you, it does not go unnoticed.

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An interesting question: Can tourism save European luxury? Another would be: Does European luxury need saving? If it does, maybe it is from itself. Those brands which are flourishing in the post pandemic - and let us remember that tourists’ luxury spend has almost recovered post Covid - are actually the ones speaking to and engaging local clients in a new and interesting way. Looking to tourists for recovery is only one step from looking to the Chinese traveller who will not return. Brands and retailers must learn to engage the shoppers they have. There are no easy solutions. More from @Vogue Business: https://lnkd.in/eeCp38qt #luxury #Europe # Engagement 

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