Forevermark says 2013 was a strong year for growth, driven mainly by continued consumer demand in China, the United States, India, and Japan.
“The brand has performed exceptionally well in the last year,” said Forevermark chief executive officer (CEO), Stephen Lussier. “We are now fully established as a globally recognized brand with presence in over 1300 retail outlets across 12 major markets.”
The diamond brand says expansion has progressed rapidly since it launched in 2008, with the number of stores selling Forevermark diamonds increasing by almost 40 per cent. Forevermark’s licensee program also saw launches in Australia, Brunei, Kuwait, and producer country, Namibia, in 2013.
More than 870,000 diamonds have been inscribed with a unique Forevermark inscription number and icon. A second inscription and grading facility is slated to open in Surat, India, next year.
“We are excited about the year ahead; increasing distribution in our core markets and expanding into new markets remain our priorities,” Lussier said. “We are in a very strong position to realize our goal to become the world’s leading diamond brand.”
