International News
US Mother’s Day jewellery spending expected to reach $6.8 Billion
US retailers are forecasting strong sales around Mother’s Day this year, with total spending expected to reach $34.1 billion, according to the National Retail Federation (NRF) and Prosper Insights & Analytics.The projected total is slightly higher than last year’s figure of $33.5 billion, though it falls just short of the record $35.7 billion spent in 2023.
More than eight in ten US adults (84%) plan to mark the occasion, with average spending per person estimated at $259.04. This represents a modest increase of around $5 per shopper compared with 2024.
Within that impressive total, jewellery stands out as a top-tier gift category. The survey forecasts that consumers will spend a staggering $6.8 billion on jewellery for Mother’s Day this year. This places jewellery as the leading category in terms of total expenditure, surpassing popular choices like special outings ($6.3 billion), gift cards ($3.5 billion), flowers ($3.2 billion), and greeting cards ($1.1 billion).
Consumers are planning to spend an average of $259.04 on Mother’s Day gifts and celebrations, an increase of about $5 from 2024, contributing to the growth seen across various categories, including fine and fashion jewellery.
International News
Nike Enters Jewellery Market With First-Ever Collection Priced Up To $5,750
The Sportswear Giant Expands Into Jewellery, Bringing Its Brand Identity To A New Category With Premium-Priced Pieces.
Nike is extending its brand into the jewellery market with its first dedicated jewellery collection, featuring necklaces, earrings and pendants inspired by its signature designs. The range includes a miniature Air Force 1 pendant necklace priced at $5,750, making it the collection’s standout piece.
The lineup also features a crystal-covered Swoosh necklace at $1,750, Swoosh earrings priced at $995 and an Air Max 1 pendant at $395. More accessible designs include Swoosh necklaces and hoop earrings in silver and gold finishes.
The collection combines sportswear culture with premium accessories, transforming Nike’s recognisable logos and footwear silhouettes into wearable jewellery. The range is scheduled to begin releasing through Nike’s SNKRS platform on 29 October 2026, with availability varying by design.
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