De Beers' Forevermark Concept Store Targets Millennials in China

23/05/2018 13:56

Forevermark, the diamond brand from De Beers Group, has announced the launch of Libert’aime by Forevermark, a new flagship store at HKRI Taikoo Hui in Shanghai, the Group writes in a press release. The opening marks the 1,000th Forevermark store in China, and comes as the brand celebrates its 10-year anniversary in the country.

Created to celebrate the spirit of a new generation of women who are strong, unique, and authentic, Libert’aime by Forevermark offers a diamond jewelry range that has been designed with a young, fashion-forward self-purchasing consumer in mind. Unveiling its new retail concept, Libert’aime by Forevermark is designed to appeal to the 420 million Millennials in China though an omnichannel model that offers  a contemporary, highly interactive and engaging consumer experience that is designed to appeal to Millennial preferences. The omnichannel experience combines the Libert’aimeTM by Forevermark flagship store, online platforms and the launch of a WeChat store on China’s leading social media platform.

The physical store includes a number of innovative, digital experiences, including a 3D diamond wall and a ‘Magic Mirror’ where consumers can instantly share their favourite pieces with friends and family. In addition, it includes a ‘Diamond Bar’ where daily diamond jewelry can be found and a ‘Spectacular Diamonds’ area containing fancy-cut and multi-diamond pieces. Stephen Lussier, CEO, Forevermark, said: “We are delighted to be launching an exciting new retail concept in China, Libert’aime by Forevermark, which brings together an innovative in-store offering with online and social channels to provide customers with a highly engaging and personalised buying experience. We recognise that our consumer continues to evolve and, with Libert’aime by Forevermark, we are thrilled to be offering a diamond jewelry range that has been designed with a younger, more fashion-forward consumer in mind, who might just be starting their diamond journey." He adds that, “Forevermark will still continue to focus on its classic bridal and non-bridal collections with our valued Forevermark retail partners, while Libert’aime by Forevermark will concentrate on providing a complementary offer to excite Millennials.”

Libert’aime by Forevermark will also include a new collection called LE LIGHT designed by Timmy Xu Weizhou, a rising star in China’s acting and music scene.