NewsVoir Mumbai (Maharashtra) [India], November 2: Renaissance Global Limited (RGL), a global leader in branded fine Jewellery, today announced the launch of Renaei, a new fashion Jewellery brand set to debut on Amazon in the United States. Positioned strategically within the fashion jewelry space, Renaei will cater to the high-growth demographic of Millennial and Gen Z consumers, targeting young Americans aged 18 to 30. Also Read | Feast of St.
Giusto in Trieste in 2024: Who Was Saint Justus? Know Date and Significance of the Annual Celebration in Italy’s Trieste. Renaei's debut on Amazon taps into the burgeoning U.S.
costume Jewellery market, which is forecasted to reach over $47 billion by 2027. Within this sector, the demand for affordable, quality fashion Jewellery among Millennial and Gen Z customers is particularly robust. According to recent reports, nearly 60% of U.
S. jewellery consumers are aged 18-30 and they prioritize affordability in fashion purchases, indicating a strong preference for accessible stylish items. In addition to the overall market growth, younger consumers in the U.
S. are increasingly contributing to Jewellery sales. Urban centers such as New York, Los Angeles, and Chicago are at the forefront of this trend, with Millennial and Gen Z consumers showing strong engagement in high-quality fashion brands.
For Renaissance Global, this represents a prime opportunity to establish Renaei as a brand of choice among young, style-conscious consumers. Also R.
