Almond Group launches two new lightweight collections
19 May '06
2 min read
The Almond Group, a top manufacturer and designer of high-quality, fashion forward jewelry, launches two new light-weight collections engineered through Almond's unique technology and design, a development driven by growing industry concern over the rising price of gold.
By adopting these new light-weight collections retailers are able to avoid raising in-store prices, despite the fluctuating gold market.
The Almond Group proactively addressed the $800/oz gold market more than 25 years ago, and they are doing it again with a new technology that uses less material, but retains quality.
Currently Almond is offering both basic hoops, growing an established jewelry category, and 'back to back' earrings, bringing back a lost category, in white and yellow gold with a variety of finishes.
Almond's hoops have decreased costs by as much as 20 percent and the 'back to back' earrings have reduced costs by 40 percent. With labor costs increasing along with the price of gold, the collections give retailers and distributors the pricing flexibility that they so desperately need.
"We believe when a retailer sees what the new light-weight collections offer they will make counter space for it," said Jason Mandelbaum, Vice President of sales and marketing with The Almond Group.
"Through the innovations of Almond technology and design we are proud to provide two entire collections that will allow retailers to keep their costs down and business up."