×
1 844
Fashion Jobs
TK MAXX
Loss Prevention Officer - tk Maxx Bristol
Permanent · Bristol
LONDON CONTOUR EXPERTS
Marketing Executive/Junior Manager
Permanent · LONDON
ESTÉE LAUDER
Tom Ford - Business Manager - Flannels - Fosse Park, Leicester - 37.5 Hours - Full-Time - Permanent
Permanent · Leicester
VF INTERNATIONAL
International Account Coordinator - Ftc 12 Month
Permanent · NOTTINGHAM
TIMBERLAND
Credit Controller - German Speaking - Timberland
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - Italian Speaking - The North Face
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - French Speaking - The North Face
Permanent · CALVERTON
PINKO
Supervisor
Permanent · MANCHESTER
RALPH LAUREN
Operations Manager
Permanent · Cheshire
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis - 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - House of Fraser, Maidstone - 15 Hours - Part Time, Permanent
Permanent · Maidstone
ESTÉE LAUDER
Clinique - Consultant - Boots, Princes Street, Edinburgh - 14 Hours - Part Time - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
HUGO BOSS
Wholesale - Senior Sales Executive - Hugo Womenswear
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Edinburgh - 16 Hours - Part Time, Permanent
Permanent · Edinburgh
SHISEIDO
Marketing Director - Shiseido, Clé de Peau Beauté, Drunk Elephant
Permanent · London
REISS
Buying Admin Assistant
Permanent · LONDON
By
Reuters
Published
Jun 17, 2010
Reading time
3 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Jeweller to stars finds silver lining in recession

By
Reuters
Published
Jun 17, 2010

LONDON (Reuters) - Jeweller to the stars Stephen Webster said thriving sales of his silver range have kept the company flourishing regardless of the global economic slowdown and the near tripling in the price of gold.




Jewels Verne Collection 2010


Webster, who designed the rings for Madonna's wedding to Guy Ritchie and has counted singer Christina Aguilera as his brand ambassador since 2008, is soon to open his biggest store yet at a time the jewellery sector in general has been hard hit.

The Stephen Webster Silver line has grown from its launch in 2008 to account for about 40 percent of the company's business in the United States and about a quarter elsewhere, Webster said.

"The silver-based products are doing extremely well, partly because outside of America there is not the depth of product available for real luxury purchases... and because it's not made in gold, it is a tenth of the price," he said.

"We rode the downturn partly because we have got a very diverse product."

An industry survey recently showed global gold jewellery sales fell 20 percent last year in volume terms. Gold prices hit a record above $1,250 an ounce in early June, up from around $435 an ounce five years ago.

Sales in the Middle East in particular have been hit, Webster said. "Dubai ... has been extremely challenging." The company has two stores in the region, operated in conjunction with a local partner.

Webster is working increasingly with alternative metals to help offset the impact of surging gold prices. "As an industry, we are using less gold," he said. "It is hard to think what is going to happen with gold prices other than going up ... (so) I am glad there are options."


Astro Balls Collection 2010

One of these is titanium, which Webster has become increasingly interested in using as new technologies make it easier to sculpt.

"Titanium is quirky," he said. "If you make something in titanium, it is very organic and sculptural and bright blue. There's a story to it, and people really get into it."

"Working the colour of the metal in with the colour of stones, which I love to do, starts to make something that is really out there," he said.

Webster is now expanding, with a new two-level, 2,000-square-foot store due to open in Beverly Hills in October. "It's going to be beautiful," Webster says. "It feels like a flagship. It'll be our biggest store."

This year also sees the launch of Webster's new men's line, No Regrets.

Webster started his career as a jeweller in 1976, having moved into jewellery design while studying fashion at Medway College, whose alumni also include British artist Tracey Emin and fashion designers Karen Millen and Zandra Rhodes.

"I had a huge enthusiasm and excitement about learning to make jewellery beautifully, more than the design side," he said.

"It is very technical, and it is a beautiful thing to make something as intricate and as precious, and all the things that jewellery can be."

Webster now has around 10 eponymous outlets worldwide, and his jewellery is also sold through luxury stores such as Harrods and Selfridges in London, and Neiman Marcus and Bergdorf Goodman in the United States.

His colourful designs have proved popular with celebrities including Charlize Theron, Dita von Teese, Jennifer Lopez and Kate Moss.

(Reporting by Jan Harvey; Editing by Jane Baird)

© Thomson Reuters 2021 All rights reserved.