Jared The Galleria Of Jewelry recently opened a new luxury retail store for the first ever Le Vian by Jared store at the Roosevelt Field Mall in New York. The new Le Vian by Jared store serves as a specialty retail chain for one of the most popular brands from the jewelry company.
The new concept store from parent company Signet Jewelers is the first to be devoted to a single brand, with more emphasis on lifestyle products. This is exemplified with in-store signage that pays tribute to some of life's most special events like getting married.
As well as offering an assortment of dazzling jewelry that it exclusive to the shop, the retail store will also carry a variety of luxury lifestyle accessories such as handbags, wallets, scarves, shoes and wraps.
Lifestyle Accessory Stores
The Galleria of Jewelry Opens a Specialty Le Vian by Jared Shop
Trend Themes
1. Specialty Retail Chains - Disruptive innovation opportunity: Develop specialty retail chains that are devoted to a single brand and offer a wide range of lifestyle products.
2. Luxury Lifestyle Accessories - Disruptive innovation opportunity: Create retail stores that not only sell jewelry but also offer a variety of luxury lifestyle accessories like handbags, wallets, scarves, shoes, and wraps.
3. In-store Signage - Disruptive innovation opportunity: Emphasize in-store signage that pays tribute to special life events and enhances the overall shopping experience for customers.
Industry Implications
1. Jewelry Retail - Disruptive innovation opportunity: Incorporate lifestyle products and specialty retail chains into traditional jewelry retail stores to attract a broader customer base.
2. Luxury Accessories - Disruptive innovation opportunity: Expand the market for luxury accessories by creating dedicated retail spaces that offer a wide selection of high-end lifestyle products.
3. Event Retail - Disruptive innovation opportunity: Explore new retail concepts that focus on major life events and enhance the shopping experience for customers celebrating those events.