This Valentine”™s Day, retailers ”“ and jewelers in particular ”“ will be feeling the love. According to the National Retail Federation (NRF), consumers spent $23.9 billion on Valentine”™s gifts last year, up from $21.8 billion in 2021. About a quarter of that ”“ a record $6.2 billion ”“ was spent on jewelry in 2022. Add Galentine”™s Day ”“ the Valentine”™s Day Eve (Feb. 13) celebration of female friendship ”“ and the numbers get bigger. Even with inflation and a stock market that bounces around like a knuckleball, it looks to be another good year, especially for heart-days jewelry.
To whet the appetite, Alex Soldier is featuring an 18-karat yellow gold Open Heart Ring with responsibly sourced diamonds, rubies and sapphires. It”™s available for $6,320 here.
Lugano Diamonds has a number of Valentine-themed pieces:
The”¯Interchangeable Ombré Necklace”¯is outfitted with heart-shaped diamonds, rubies and pink sapphires. It can be worn as a necklace or as a ring with a nearly 11-carat diamond heart center.
Another offering, the Heart Shape Diamond Ring,”¯features a 9.7-carat pink heart diamond and five carats of collection VS diamonds set in 18-karat rose gold.
The Yellow Heart Shape Diamond Necklace contains more than 33 carats of yellow diamonds and is set in 18-karat yellow gold, while the Yellow Heart Shape Diamond Bracelet has more than 23 carats of yellow diamonds.”¯ Prices”¯available on request at”¯luganodiamonds.com.
