Jewelry chains discover a new generation of shoppers as a pandemic wedding boom gets underway [CNBC]
Brilliant Earth Group, Inc. (BRLT)
Company Research
Source: CNBC
That's in part because many are either thinking about or preparing to get married: 2022 is expected to bring about 2.5 million nuptials, marking a four-decade high. During the week of Thanksgiving, jewelry sales are expected to rise 39.7% from a year ago, according to Mastercard SpendingPulse. Millennials are more attracted to lab-grown gems, and jewelers have been adding products with these stones. Before he proposed to his now-fiancee last fall, Marc Hostovsky spent weeks scouring the internet for information around the “4 Cs” of diamonds — cut, clarity, color and carat — and grading certifications. The 31-year-old had never made such a significant purchase in his life, he said. He wanted the engagement ring to be extra special, of course. And he went to extra lengths, including reaching out directly to the owner of the e-commerce jewelry marketplace Rare Carat , before he committed to purchasing the final product online. “The ring was by far the most expensive thing I've e
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BRLT
News
- 22 memorable Mother's Day gifts for Mom from daughter [USA TODAY]USA TODAY
- The 22 Best Mother's Day Jewelry Gifts That Say ‘I Love You' [Forbes]Forbes
- Jane Goodall Celebrates 90th Birthday With Brilliant Earth In New York [Forbes]Forbes
- Does The Market Have A Low Tolerance For Brilliant Earth Group, Inc.'s (NASDAQ:BRLT) Mixed Fundamentals? [Yahoo! Finance]Yahoo! Finance
- Brilliant Earth and Renowned Conservationist Dr. Jane Goodall Join Forces in Groundbreaking Partnership [Yahoo! Finance]Yahoo! Finance
BRLT
Earnings
- 3/14/24 - Beat
BRLT
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- BRLT's page on the SEC website