Covett is a shared ownership platform. The company recently launched three new jewelry subscription services to grant hassle-free jewelry options to consumers. Boasting luxury fine jewelry pieces, the subscription options allow consumers to co-own pieces at a fraction of their retail cost.
The new tech-savvy fine jewelry subscription service provides customers with on-demand pieces from independent UK designers and branded pieces. Some featured brands include Leo Pizzo, David Jerome, Massimo Izzo, 77 Diamonds, and vintage Cartier. Covett aims to increase its selection range in the near future. Its main focus is on British and European designers such as Alive van Cal, Eva Gems & Jewels, and Karen Phillips Jewellery. Customers can now choose between three subscription levels: Silver, Gold, and Platinum.
Luxury Jewelry Subscriptions
Covett Launched Three New Jewelry Subscription Borrowing Services
Trend Themes
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2. Shared Ownership Platforms - The rise of shared ownership platforms for luxury items presents an opportunity for disruptive innovation in the sharing economy industry, especially for high-end products.
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Industry Implications
1. Jewelry - The emergence of luxury jewelry subscription services that offer shared ownership presents an opportunity for disruptive innovation in the jewelry industry.
2. Sharing Economy - The rise of shared ownership platforms for luxury items, such as jewelry, presents an opportunity for disruptive innovation in the sharing economy industry.
3. E-commerce - The introduction of tech-savvy jewelry subscription services that offer on-demand pieces from independent UK designers and branded pieces presents an opportunity for disruptive innovation in the e-commerce industry.