The Rs. 5.26 crore centre would be set up under Assistance to States for Development of Export Infrastructure and Allied Activities (ASIDE) Scheme of Central Government.
A fter a couple of years of a low-key
presence in India, where the brand
interacted with its target customers
through a few high-profi le events, Forevermark,
“the diamond brand from De Beers Group of
companies†fi nally made a formal entry into
the Indian market. Not surprisingly the brand
chose the southern market to launch its Indian
foray, for consumers in the south are known to
prefer high-quality diamonds, as opposed to
the north where generally, size matters more.
The fi rst three retailers to join the Forevermark
programme are Abaran, C. Krishniah Chetty
& Sons and Joyalukkas, all leading jewellers of
the Garden city. Present at the inauguration
were Stephen Lussier, CEO Forevermark, Brian
Lara, Manoviraj Khosla, Sheetal Sharma, Vani
Ganapathy, Sumalatha, Lakshmi Gopalaswami
and others from the world of fi lms and fashion,
and well known city socialites. %%
From here, the brand hopes to spread out
to Mumbai, Delhi, Chennai, Hyderabad and
Kolkata partnering with
leading jewellers in those
cities. Speaking at the
launch Lussier said, “In
the two years since its
launch, Forevermark has
expanded into 350 doors
and achieved more
than US$ 200
million retail
sales. Given this
o v e r w h e l m i n g
response to our
launch in China,
Hong Kong and Japan, we are delighted to launch
in India, a market that is of signifi cant importance
to us. Forevermark is a diamond brand that will
offer today’s Indian diamond purchasers, quality,
integrity and inspiration. We’re glad to be able
to introduce what we believe will become the
ultimate diamond brand, to the Indian market.â€
Forevermark is positioned as a very exclusive
diamond brand – one that monitors different
aspects of the diamond, from quality to ethical
considerations – at every stage
of its journey from the start
to fi nish. De Beers describes
Forevermark diamonds as “the
world’s most carefully selected
diamondsâ€. In fact, only one
per cent of the world’s diamond,
the company says “are eligible
to become Forevermark
diamondsâ€. In the next stage
of the journey, “Only a select
group of Master Diamantaires
are eligible to cut and polish
Forevermark diamondsâ€. Once
polished, these diamonds are inscribed with a
special technology with the Forevermark legend
invisible to the naked eye and visible through a
special Forevermark Viewer only available with
authorised retail outlets. At the retail end too,
there is a careful selection process and, “Only a
few, exclusive jewellers; each passionate about
creating the finest designs inspired by these
exceptional diamonds are able to sell (them) at
retailâ€, says De Beers.%%
A personalised Forevermark identification
card accompanies each and every Forevermark
diamond and is given to the consumer. %%
The process which began with the establishing
of awareness and credibility of the brand through
select private events with key opinion leaders,
has now culminated in the launch in Bengaluru.
Hereon, the Forevermark will continue on its
journey to other cities of the country and will be
helped along the way through various marketing
initiatives.
{{|*“Our ambition is to establish Forevermark as
a leading diamond brandâ€
- Binita Cooper, MD, Forevermark – India*|}}
{{What are you targets
for the Forevermark
programme in India?
How many retailers do
you hope to enroll?}}$$
Our ambition is to
establish Forevermark as a leading diamond
brand and we do hope all our efforts help
us achieve this single minded objective
starting Year One itself.
We are looking at approximately 50
partners in the first year, spread across key
cities of India.%%
{{Which regions /cities will be
covered?}}$$
In addition to Bengaluru, we are currently
looking at Mumbai, Delhi Kolkata, Chennai
and Hyderabad. %%
{{What are the criteria for selection of
a retailer?}}$$
Forevermark will partner with jewellers
who have been not only leaders in their field,
but also those who meet our particularly
stringent requirements of business, social
and environmental integrity. We are seeking
to build, in effect a partnership between
leading jewellers, diamantaires and the De
Beers Group based upon our mutual passion
for diamonds and our long-term view of our
industry. %%
{{How will launch and growth here
be different from China? Any
change in strategy?}}$$
We certainly hope to replicate the
phenomenal success of China but know
fully well that there will be a slight
difference. While the brand will mean the
same thing for consumers anywhere in the
world, in China while key products sold
are solitaire rings, studs and pendants, we
are hoping Forevermark here in India will
straddle several purchase occasions and
also piece types. We want to be as relevant
to a bridal purchaser as we would like to be
to someone who is considering an everyday
wear purchase or for other occasions. Our
ambition is that every time someone wants
to buy diamond jewellery, they naturally
consider Forevermark. %%
{{What are your plans to drive
consumer sales?}}$$
We have already started advertising - to
support our launch in Bengaluru, besides
prominent positions in leading magazines.
We supported our launch with advertising
in leading dailies, OOH, PR and even digital.
We also used a strong in-store presence
and even CRM activities to help create
awareness for the brand at launch. We
hope to keep the visibility going amongst
target consumers. %%
It’s very heartening to know that current
efforts in Bengaluru are helping our partners
get new footfalls into their store. It’s early
days but we are clearly seeing a positive
impact with the work done so far.
A fter a couple of years of a low-key
presence in India, where the brand
interacted with its target customers
through a few high-profi le events, Forevermark,
“the diamond brand from De Beers Group of
companies†fi nally made a formal entry into
the Indian market. Not surprisingly the brand
chose the southern market to launch its Indian
foray, for consumers in the south are known to
prefer high-quality diamonds, as opposed to
the north where generally, size matters more.
The fi rst three retailers to join the Forevermark
programme are Abaran, C. Krishniah Chetty
& Sons and Joyalukkas, all leading jewellers of
the Garden city. Present at the inauguration
were Stephen Lussier, CEO Forevermark, Brian
Lara, Manoviraj Khosla, Sheetal Sharma, Vani
Ganapathy, Sumalatha, Lakshmi Gopalaswami
and others from the world of fi lms and fashion,
and well known city socialites. %%
From here, the brand hopes to spread out
to Mumbai, Delhi, Chennai, Hyderabad and
Kolkata partnering with
leading jewellers in those
cities. Speaking at the
launch Lussier said, “In
the two years since its
launch, Forevermark has
expanded into 350 doors
and achieved more
than US$ 200
million retail
sales. Given this
o v e r w h e l m i n g
response to our
launch in China,
Hong Kong and Japan, we are delighted to launch
in India, a market that is of signifi cant importance
to us. Forevermark is a diamond brand that will
offer today’s Indian diamond purchasers, quality,
integrity and inspiration. We’re glad to be able
to introduce what we believe will become the
ultimate diamond brand, to the Indian market.â€
Forevermark is positioned as a very exclusive
diamond brand – one that monitors different
aspects of the diamond, from quality to ethical
considerations – at every stage
of its journey from the start
to fi nish. De Beers describes
Forevermark diamonds as “the
world’s most carefully selected
diamondsâ€. In fact, only one
per cent of the world’s diamond,
the company says “are eligible
to become Forevermark
diamondsâ€. In the next stage
of the journey, “Only a select
group of Master Diamantaires
are eligible to cut and polish
Forevermark diamondsâ€. Once
polished, these diamonds are inscribed with a
special technology with the Forevermark legend
invisible to the naked eye and visible through a
special Forevermark Viewer only available with
authorised retail outlets. At the retail end too,
there is a careful selection process and, “Only a
few, exclusive jewellers; each passionate about
creating the finest designs inspired by these
exceptional diamonds are able to sell (them) at
retailâ€, says De Beers.%%
A personalised Forevermark identification
card accompanies each and every Forevermark
diamond and is given to the consumer. %%
The process which began with the establishing
of awareness and credibility of the brand through
select private events with key opinion leaders,
has now culminated in the launch in Bengaluru.
Hereon, the Forevermark will continue on its
journey to other cities of the country and will be
helped along the way through various marketing
initiatives.
{{|*“Our ambition is to establish Forevermark as
a leading diamond brandâ€
- Binita Cooper, MD, Forevermark – India*|}}
{{What are you targets
for the Forevermark
programme in India?
How many retailers do
you hope to enroll?}}$$
Our ambition is to
establish Forevermark as a leading diamond
brand and we do hope all our efforts help
us achieve this single minded objective
starting Year One itself.
We are looking at approximately 50
partners in the first year, spread across key
cities of India.%%
{{Which regions /cities will be
covered?}}$$
In addition to Bengaluru, we are currently
looking at Mumbai, Delhi Kolkata, Chennai
and Hyderabad. %%
{{What are the criteria for selection of
a retailer?}}$$
Forevermark will partner with jewellers
who have been not only leaders in their field,
but also those who meet our particularly
stringent requirements of business, social
and environmental integrity. We are seeking
to build, in effect a partnership between
leading jewellers, diamantaires and the De
Beers Group based upon our mutual passion
for diamonds and our long-term view of our
industry. %%
{{How will launch and growth here
be different from China? Any
change in strategy?}}$$
We certainly hope to replicate the
phenomenal success of China but know
fully well that there will be a slight
difference. While the brand will mean the
same thing for consumers anywhere in the
world, in China while key products sold
are solitaire rings, studs and pendants, we
are hoping Forevermark here in India will
straddle several purchase occasions and
also piece types. We want to be as relevant
to a bridal purchaser as we would like to be
to someone who is considering an everyday
wear purchase or for other occasions. Our
ambition is that every time someone wants
to buy diamond jewellery, they naturally
consider Forevermark. %%
{{What are your plans to drive
consumer sales?}}$$
We have already started advertising - to
support our launch in Bengaluru, besides
prominent positions in leading magazines.
We supported our launch with advertising
in leading dailies, OOH, PR and even digital.
We also used a strong in-store presence
and even CRM activities to help create
awareness for the brand at launch. We
hope to keep the visibility going amongst
target consumers. %%
It’s very heartening to know that current
efforts in Bengaluru are helping our partners
get new footfalls into their store. It’s early
days but we are clearly seeing a positive
impact with the work done so far.
A fter a couple of years of a low-key
presence in India, where the brand
interacted with its target customers
through a few high-profi le events, Forevermark,
“the diamond brand from De Beers Group of
companies†fi nally made a formal entry into
the Indian market. Not surprisingly the brand
chose the southern market to launch its Indian
foray, for consumers in the south are known to
prefer high-quality diamonds, as opposed to
the north where generally, size matters more.
The fi rst three retailers to join the Forevermark
programme are Abaran, C. Krishniah Chetty
& Sons and Joyalukkas, all leading jewellers of
the Garden city. Present at the inauguration
were Stephen Lussier, CEO Forevermark, Brian
Lara, Manoviraj Khosla, Sheetal Sharma, Vani
Ganapathy, Sumalatha, Lakshmi Gopalaswami
and others from the world of fi lms and fashion,
and well known city socialites. %%
From here, the brand hopes to spread out
to Mumbai, Delhi, Chennai, Hyderabad and
Kolkata partnering with
leading jewellers in those
cities. Speaking at the
launch Lussier said, “In
the two years since its
launch, Forevermark has
expanded into 350 doors
and achieved more
than US$ 200
million retail
sales. Given this
o v e r w h e l m i n g
response to our
launch in China,
Hong Kong and Japan, we are delighted to launch
in India, a market that is of signifi cant importance
to us. Forevermark is a diamond brand that will
offer today’s Indian diamond purchasers, quality,
integrity and inspiration. We’re glad to be able
to introduce what we believe will become the
ultimate diamond brand, to the Indian market.â€
Forevermark is positioned as a very exclusive
diamond brand – one that monitors different
aspects of the diamond, from quality to ethical
considerations – at every stage
of its journey from the start
to fi nish. De Beers describes
Forevermark diamonds as “the
world’s most carefully selected
diamondsâ€. In fact, only one
per cent of the world’s diamond,
the company says “are eligible
to become Forevermark
diamondsâ€. In the next stage
of the journey, “Only a select
group of Master Diamantaires
are eligible to cut and polish
Forevermark diamondsâ€. Once
polished, these diamonds are inscribed with a
special technology with the Forevermark legend
invisible to the naked eye and visible through a
special Forevermark Viewer only available with
authorised retail outlets. At the retail end too,
there is a careful selection process and, “Only a
few, exclusive jewellers; each passionate about
creating the finest designs inspired by these
exceptional diamonds are able to sell (them) at
retailâ€, says De Beers.%%
A personalised Forevermark identification
card accompanies each and every Forevermark
diamond and is given to the consumer. %%
The process which began with the establishing
of awareness and credibility of the brand through
select private events with key opinion leaders,
has now culminated in the launch in Bengaluru.
Hereon, the Forevermark will continue on its
journey to other cities of the country and will be
helped along the way through various marketing
initiatives.
{{|*“Our ambition is to establish Forevermark as
a leading diamond brandâ€
- Binita Cooper, MD, Forevermark – India*|}}
{{What are you targets
for the Forevermark
programme in India?
How many retailers do
you hope to enroll?}}$$
Our ambition is to
establish Forevermark as a leading diamond
brand and we do hope all our efforts help
us achieve this single minded objective
starting Year One itself.
We are looking at approximately 50
partners in the first year, spread across key
cities of India.%%
{{Which regions /cities will be
covered?}}$$
In addition to Bengaluru, we are currently
looking at Mumbai, Delhi Kolkata, Chennai
and Hyderabad. %%
{{What are the criteria for selection of
a retailer?}}$$
Forevermark will partner with jewellers
who have been not only leaders in their field,
but also those who meet our particularly
stringent requirements of business, social
and environmental integrity. We are seeking
to build, in effect a partnership between
leading jewellers, diamantaires and the De
Beers Group based upon our mutual passion
for diamonds and our long-term view of our
industry. %%
{{How will launch and growth here
be different from China? Any
change in strategy?}}$$
We certainly hope to replicate the
phenomenal success of China but know
fully well that there will be a slight
difference. While the brand will mean the
same thing for consumers anywhere in the
world, in China while key products sold
are solitaire rings, studs and pendants, we
are hoping Forevermark here in India will
straddle several purchase occasions and
also piece types. We want to be as relevant
to a bridal purchaser as we would like to be
to someone who is considering an everyday
wear purchase or for other occasions. Our
ambition is that every time someone wants
to buy diamond jewellery, they naturally
consider Forevermark. %%
{{What are your plans to drive
consumer sales?}}$$
We have already started advertising - to
support our launch in Bengaluru, besides
prominent positions in leading magazines.
We supported our launch with advertising
in leading dailies, OOH, PR and even digital.
We also used a strong in-store presence
and even CRM activities to help create
awareness for the brand at launch. We
hope to keep the visibility going amongst
target consumers. %%
It’s very heartening to know that current
efforts in Bengaluru are helping our partners
get new footfalls into their store. It’s early
days but we are clearly seeing a positive
impact with the work done so far.
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