Why Jewellery’s Diversity Problem Is So Hard to Fix
Much like the fashion industry, jewellery brands and retailers have spent the last year confronting a historic lack of diversity. The NDC supplied $1 million in financing to help emerging designers buy diamonds. Richemont, which owns Cartier, Van Cleef & Arpels and many other brands, added South African entrepreneur Wendy Luhabe to its board of directors. Tiffany & Co. is looking to hire a vice president of diversity, equity and inclusion. Beyoncé, who wears the brand’s 128.54 carat Tiffany Diamond in its latest marketing campaign, was the first Black woman to do so.
But progress has been slow; there is no jewellers’ equivalent to Aurora James’ 15 Percent Pledge, which has seen Nordstrom, Sephora and other major retailers promise to stock more Black-owned brands.