Why Jewelry Is the New Power Player in Luxury Fashion
By: Claire Moraa
July 16, 2026
When it comes to luxury fashion items, everyone has their poison. Some go for leather bags and clothes while others prefer statement jewelry pieces. However, over the years, the luxury market has been on a downturn and fashion has been the most hard-hit sector. Even though the luxury industry lost 50 million customers in 2024 and only 33% had registered any substantial growth, things are not the same in the jewelry sector. In fact, the jewelry’s average market growth is market 8% while that for fashion is 3%.
