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# Luxury Jewelry Subscriptions
Covett Launched Three New Jewelry Subscription Borrowing Services

By Elena Rahman | Published 2021-09-08 | Fashion
Source: Trend Hunter, https://www.trendhunter.com/trends/covett
References: [wallpaper](https://www.wallpaper.com/watches-and-jewellery/fine-jewellery-subscription-covett) & [cove.tt](https://cove.tt/)

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](https://www.trendhunter.com/trends/david-gandy-duvet-robe), Massimo Izzo, 77 Diamonds, and vintage [Cartier](https://www.trendhunter.com/trends/luxury-jeweler). 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](https://www.trendhunter.com/trends/karen-millen-whitley-neill-dress) Jewellery. Customers can now choose between three subscription levels: Silver, Gold, and Platinum.

Image Credit: Covett

## Trend Insights (Trend Hunter)

- Score: 5.8/10
- Popularity: 85% | Activity: 80% | Freshness: 10%
- Audience gender: 30% men, 70% women
- Primary generations: Millennial, Gen X
- Top markets: Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Fashion](https://www.trendhunter.com/fashion) > [Jewelry](https://www.trendhunter.com/jewelry)

## Key Themes

### What Makes This Trend Stand Out

- **Luxury Jewelry Subscriptions:** The emergence of jewelry subscription services that offer luxury pieces at a fraction of their retail cost presents an opportunity for disruptive innovation in the jewelry industry.
- **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.
- **Tech-savvy Jewelry Subscription Services:** The introduction of on-demand pieces from independent UK designers and branded pieces through tech-savvy jewelry subscription services presents an opportunity for disruptive innovation in the e-commerce industry.

### Sectors Adopting This

- **Jewelry:** The emergence of luxury jewelry subscription services that offer shared ownership presents an opportunity for disruptive innovation in the jewelry industry.
- **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.
- **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.

## Related on Trend Hunter

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