Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

"585*GOLDEN" assessed the differences in the purchasing behavior of men and women

13 february 2023
The analytical center of the network "585*GOLDEN" conducted a study based on 2.4 million retail sales in 2022 to find out how the purchasing behavior of men and women in Russia differed.
The results of the study show that women remain the main buyers of jewelry (65%), but since 2021 they have lost 4%, and today the share of men has increased to 35%.
Women still come shopping more often than men, but the average check for the latter is 25% higher and amounts to 9,349 rubles.
Gold remains the most popular precious metal. Thus, women's spending on gold jewelry accounted for 85% of the total, men – 90%.
Earrings have become the most popular type of products among representatives of both sexes, and this preference is more pronounced among women. The second place in terms of the number of sales was taken by rings, they were more often purchased by men. Wedding rings made up a significant share in this category.
Silver earrings became outsiders for men: they occupied only 1.8% of all men's purchases and were 2 times less common than for women. 
The opposite situation is with gold rings with diamonds and precious stones – there are twice as many such jewelry in men's checks as in women's. It was the gold rings of the higher price category that showed the greatest sales growth over the past year.
The most similar behavior of the sexes was manifested in the person for whom they made purchases. In most cases, both women (88%) and men (85%) purchased jewelry and accessories specifically for women. As for men's accessories, men themselves bought them a little more often (11%) than women (7%), according to the data of "585* GOLD".

Alex Shishlo for Rough&Polished