Adherence to detailed traceability and transparency protocols is quickly filtering out luxury watch and fine jewelry players that may be unwilling or unable to adapt to evolving demand with haste, according to a new Positive Luxury report.
The Future of Jewelry Watches
Seeking out certified suppliers and conducting regular audits is a necessity to ensure a lack of abuse, yet self-regulation seems stagnant in this area, which appears opportune for strict, no-nonsense industry standards and enforcement. In the case of naturally-mined options, some groups are making good use of Web3 technologies, in the fight for traceability.
In the case of jewelry company and partner entity JEM, Positive Luxury's own certification system helps to distinguish responsible sellers from those of more questionable means throughout the industry, acting as an effective marketing tool to match sustainability initiatives, especially as generational preferences for ESG-conscious options surface.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More Americans worried about Biden mental health after ‘Where’s Jackie?’ gaffeNearly two-thirds of Americans — including a majority of Democrats — now say they are at least “somewhat concerned” about President Biden’s mental health, according to a new poll.…
Read more »
What are ESG and 'woke capitalism'? State treasurers weigh in on fight over where tax money goesSome Republican state treasurers are now arguing that 'woke capitalism' — a derogatory reference to ESG, or environmental and social governance — is a threat, and they're taking action to push back against it.
Read more »
Spurs seek to help Uvalde by being ‘good neighbors’One day after they spent an afternoon in Uvalde seeking to bring “positive vibes” to a...
Read more »
LaQuan Smith Creates Exclusive Collection for OlivelaLaQuan Smith has designed an exclusive capsule for Olivela, a luxury fashion e-commerce platform with purpose at its core.
Read more »
Over 40 FBI agents helping search for Georgia toddler missing for nearly 1 weekOver 40 FBI agents are on the ground in Savannah, Georgia, to help search for a toddler who mysteriously vanished nearly one week ago, police say.
Read more »