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Are you starting a jewelry business? Do you have what it takes to be one of the next big names in jewelry design? We are excited to launch the application for the next Halstead Grant for new jew
elry designers in the bridge segment. The deadline is June 6, 2011. Download the application now and start thinking about your business plan and jewelry submissions. This is an amazing opportunity for a $6,000 grant award plus publicity and recognition in the industry. This will be our 6th annual competition. Visit The Halstead Grant website for details on the award as well as past winners & finalists. Please spread the word!
The debate continues. Is the recession over? Is the “double dip” coming next? Are we in recovery, and if so, will we ever return to the market climate of 2007? Many questions still loom; however, one thing is certain: the jewelry market may never be the same again.
The fierce struggle for survival and dominance during this extended economic decline has permanently altered the jewelry scene. Fine jewelry retailers who once scoffed at selling silver or price points below $250 in their shops are now moving into entirely different market segments. This shift is unlikely to reverse when the economy if fully healed.
Due to high metals markets and the recession, fine jewelers followed the money last Christmas and heavily stocked sterling lines like Pandora beads. This dramatic move has opened a window of opportunity for many bridge jewelry designers. Retailers who started with mass produced lines are finding that they can indeed sell lower price point jewelry to their market of “fine jewelry” consumers. Art jewelry in a wider range of metals is popping up in display cases that once only held platinum and solid gold. Buyers are seeing the value in fine design instead of just traditional materials.
Over time this change should greatly benefit jewelry artisans. The handmade movement was picking up considerable momentum prior to the recession and it stands a good chance of thriving in the post-recovery era. Craft jewelers who aggressively pursue new sales venues may find a more receptive audience than in the past.
This also presents an interesting challenge to boutique jewelers and American craft galleries that have carved out a niche in bridge jewelry over the last decade. Fine jewelers are now moving in on the turf they have spent years cultivating. Both groups will need to examine their respective strategies and brand identities in order to excel in the new business climate.
This environment may very well create a renaissance period in jewelry. The broader range of metals and design styles in the market give jewelers a new level of creative freedom. The increase in sales venues should also increase resale opportunities. I am excited to see how that will impact the industry and break down the segment barriers we have always known.
Copyright 2010. Halstead Bead, Inc., wholesale jewelry supplies since 1973. Please feel free to share or re-post this blog with proper credit. We also welcome your comments.
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COTTONWOOD, Ariz., Aug. 4 /PRNewswire/ — VOSTENAKstudios of Cottonwood, AZ recently won a national jewelry design award and small business grant sponsored by industry supplier Halstead Bead Inc. Owner Valerie Ostenak will receive a prize package including a $6,000 grant of start up capital and supplies in recognition of her entrepreneurial skills and design talents. VOSTENAKstudios collections are available at fine stores and online at www.valerieostenak.com.
In response to winning the award Ostenak said, “I am absolutely thrilled and deliriously happy to be the 2009 winner. I am still laughing with joy!”
Ostenak’s artistic experience includes traditional jewelry training, blacksmithing, graphic design and painting. The influences of each of these media converge in her fashion jewelry creations. Designs are crafted from Argentium sterling silver and embellished with high karat gold accents, freshwater pearls and semi-precious gemstones.
The VOSTENAKstudios silver jewelry line is contemporary with fluid lines and attention to detail. Ostenak’s unique style is easily recognizable in every piece. She creates one of-a-kind statement necklaces, hairpieces and earrings with delicately intertwined metalwork in her Woven Collection. Her Ribbon Collection consists of more simple hammered styles with a highly reflective finish.
“These designs are stunning,” said Hilary Halstead Scott, a competition judge, “I know VOSTENAKstudios will become a big name in fashion and design.”
Ostenak’s new business prevailed over top competitors from across the United States. Entrants were required to submit a designer jewelry portfolio, a full business plan and written answers to several specific questions. The judging process scrutinized every aspect of candidates’ prospects for succeeding in the fashion and jewelry industries.
VOSTENAKstudios joins a distinguished group of designer jewelry artists who have received the Jewelry Design Business Development Grant in past years including Ananda Khalsa Jewelry, Belle Brooke Designs and Bridgland Studios. Details on the award and all of this year’s top finalists can be found at www.halsteadbead.com/grant.
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Congratulations to all our finalists! This competition gets tougher every year. We have an amazing group of fresh talent to present in 2009. We will be profiling each finalist on the blog over the next few months. So bookmark us now! Complete competition details and results are at the Halstead Bead Jewelry Business Development Grant website.
VOSTENAKstudios of Cottonwood, AZ won the national jewelry design award and small business grant sponsored by industry supplier Halstead Bead Inc. Owner Valerie Ostenak will receive a prize package including a $6,000 grant of start up capital and supplies in recognition of her entrepreneurial skills and design talents.Valerie Ostenak’s artistic experience includes traditional jewelry training, blacksmithing, graphic design and painting. The influences of each of these media converge in her fashion jewelry creations for VOSTENAKstudios. Designs are crafted from Argentium sterling silver and embellished with high karat gold accents, freshwater pearls and semi-precious gemstones.
Silver Circle Finalists
Copper Circle Finalists
Halstead Bead Inc. is proud to sponsor the Jewelry Business Development Grant each year to support the dreams of emerging designers and promote sound business practices in the industry. Halstead Bead Inc is a supplier of wholesale findings, chain, sheet and wire to the jewelry trade.
**Press release link via PRnewswire.
What do aspiring jewelry designers daydream about? I can venture a few guesses…
- A) See your jewelry rock the runways at New York Fashion Week for a major designer
- B) Go bi-coastal and rock the runways at LA Fashion Week too
- C) See your jewelry on a rock star performing on Good Morning America
- D) All of the above
Keren Peled of Keren Jewelry must be pinching herself because these daydreams have become reality in the last few years. Plus, she has received great fashion press coverage and achieved international product distribution. Wow!
Keren Jewelry’s trademark style is a blend of macrame knotting and intricate mesh wirework. She creates delicate and ethereal pieces of gold filled, sterling silver and gemstones. Her collections are inspired by anthropological periods in the history of jewelry.
My personal favorites are Keren’s cuff bracelets which brilliantly merge hammered frames with crocheted wire mesh. They are the perfect accessories for the latest bold cuff trends. Watch the runways, I think there is a lot more Keren Jewelry to come.
Keren Jewelry was a finalist in the 2006 Jewelry Design Business Development Grant Competition sponsored by Halstead Bead Inc.
We committed to an intense schedule of grant judging this year in hopes of concluding the process a little bit earlier than usual. We are on track to do so and expect to announce results in about two weeks, give or take. This will be a fresh batch of incredible new talent for all you fans of emerging designers. We will be profiling each finalist on this blog in the month of August so check back often to start planning your holiday wish list:)
What an amazing pool of candidates! Each year the competition gets tougher. The quality of the jewelry and the business plans keeps getting better and better. That also means it keeps getting tougher to get into the finalist round…
It is funny the trends we see each year when judging. It seems that there is always something we notice about the group of candidates as a whole. The first year we had a lot of amazing wire workers. The next year in 2007 the field was full of MBAs and accountants leaving the corporate world to pursue jewelry design careers. In 2008 we had an inordinate number of glass artisans and lampworkers. This year the defining trends are an abundance of art school graduates and metal forging techniques. These trends have no … Read the rest of this entry »