The Donald and his daughter, Ivanka, have both broken into the jewelry business. Ivanka Trump's high end jewelry line will be sold through her own store starting this September. Donald announced that he too is venturing into the jewelry market. After real estate and reality TV, he's expanding his brand by adding fine jewelry to his list of achievements. The entrepreneur partnered with jewelry manufacturer SHR, a division of M. Fabrikant & Sons, to create the Donald J. Trump Signature Fine Jewelry Collection.
"People aspire to connect with my lifestyle. A collection of fine jewelry is a natural step for my brand. This collection is aspirational, elegant, and completes the dressed for success look" Trump said of the new collection which includes diamonds, gemstones and gold.
Of course, it won't be in direct competition with his daughter's line; the Donald J. Trump Signature Fine Jewelry Collection is aimed at men and includes bracelets, rings, money clips, cuff links and key chains. In a press release, SHR President Scott Rauch specified that, "The men's jewelry market is increasing dramatically and there is a huge void in the marketplace for branded men's jewelry. We feel this collection will have enormous appeal to those who understand the importance of dressing for corporate success." Prices range from $95 for a stainless steel key chain emblazoned with the Trump crest to $5,000 for a 14-karat gold onyx and diamond bracelet.
The Donald Teams With Ivanka
Extravagent Jewelry Collections
Trend Themes
1. Luxury Jewelry Trend - Entrepreneurs are recognizing the potential of the luxury jewelry market and are expanding their brands with fine jewelry collections.
2. Branded Men's Jewelry Trend - As the men's jewelry market grows, there is potential for entrepreneurs to fill a void with branded collections targeted towards corporate success.
3. Entrepreneurial Expansion Trend - Entrepreneurs are expanding their brands and personalizing their products to connect with consumers on a more aspirational level.
Industry Implications
1. Luxury Jewelry Industry - Entrepreneurs in the luxury jewelry industry have opportunities to personalize their products and connect with consumers on an aspirational level.
2. Men's Jewelry Industry - As the men's jewelry market grows, entrepreneurs have opportunities to fill a void with branded collections targeted towards corporate success.
3. Entrepreneurship Industry - Entrepreneurs have opportunities to expand their brands and explore new markets by personalizing their products and connecting with consumers on a more aspirational level.