International News
JCK jewellery trend forecast: Spring Highlights by Randi Molofsky
Randi Molofsky, JCK’s jewelry director and founder of For Future Reference, outlines five emerging jewelry trends shaping the industry in 2024:
- Gold Alternatives & Modularity
Soaring gold prices are prompting designers to explore two-tone metals and non-gold materials like beads, leather, and cords. There’s a shift toward modular jewelry—especially pendants sold separately—allowing consumers to mix and match with their preferred chains. - The Rise of Red
Red gemstones, including rubies, carnelian, and malaya garnet, are gaining popularity—both in contemporary and vintage jewelry. Inspired in part by interior design’s “pop of red” trend, these vibrant stones are making bold statements in designer pieces. - Symbolism & Texture
Cosmic motifs, especially zodiac-themed designs, are everywhere. Additionally, rope and woven textures are trending, with pieces that mimic handwoven or textile-inspired aesthetics—adding artisanal appeal. - Gem-Focused Cocktail Rings
Oversized rings featuring standout gemstones are in vogue, with minimal emphasis on the setting. Pastel shades, bicolor tourmalines, and lighter-hued stones are favored for both their beauty and cost-effectiveness. - Brooches Make a Comeback
Once red carpet staples, brooches are finding new life in daily wear. Stylists and consumers alike are embracing brooches worn creatively—on hair, belts, or accessories—making them versatile statement pieces.
DiamondBuzz
Diamond Slump forces Debswana to diversify into copper, platinum and solar
Diamond-centric mining models is giving way to broader resource portfolios
Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.
The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.
The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.
Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.
The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.
Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.
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