3

Click here to load reader

Article- The Jewelry Book

Embed Size (px)

DESCRIPTION

Article in The Jewelry Book, Fall 2007

Citation preview

Page 1: Article- The Jewelry Book

94

by Dena Smolek

oasting nearly 25 years of experience, Michael Beaudry is a well-respected fixture in the fine jewelry industry. With each

passing year he continues to build his highly coveted brand with an enviable collection of exquisitely crafted jewels. Beaudry made his

fearless entry into the market at the tender age of 21, with a small assortment of jewelry that exhibited what would become his

signature aesthetic.“I brought the new vintage look to the market. From the start, that was my dream,”he recalls.

Understanding the process, the artist

and the inspiration

B

Spring07p.86-142 4/24/07 9:47 PM Page 94

95

Spring07p.86-142 4/24/07 6:40 PM Page 95

Page 2: Article- The Jewelry Book

M i c h a e l B e a u d r y

96

“There wasn’t an emphasis on hand-fabrication at that time. I wasn’t even sure if it was

commercially viable when I started. I just thought, these are beautiful and if they don’t sell I’ll

give them to my wife. But they did sell, and it started a cult following,”says Beaudry.

and hand-engraved details make these gems rare beauties of heirloom quality.Likening his jewelry line to Patek Philippein the watch world, Michael explains that the consumer is methodical aboutBeaudry jewelry. Sometimes it takes acouple of years for people to make theirfirst purchase but then they become collectors. “We have an obligation to thecustomer to turn them into collectors andexplain the difference between somethingthat is common and available versussomething that is rare and in demand,”Beaudry explains.

That rarity and intense demand isdue in large part to Michael’s expertise asa diamond cutter and his unwaveringdetermination to use only the highestquality stones. Frustrated with seeingbeautifully cut stones in mountings thatwere“simply mechanical,”Beaudry built ateam of craftsmen to bring to life hisvision of what a stone should like when itwas set. A trade-secret formula 24-pointstandard of perfection is the basis for

B Beaudry’s studio is truly a diamond in the rough gritty environs of downtown LosAngeles. Once inside, Beaudry’s world of beauty slowly reveals itself. A feeling of prideand passion for Beaudry’s artistic vision is evident throughout the entire building, fromthe shipping department to the sales office and state-of-the-art production facility.“Everyone on staff must love jewelry,”Michael declares.“If they don’t, it will show.”

A tour of Michael Beaudry’s headquarters exposes the time, effort and qualityrequired for each piece of jewelry to become works of art. With 1500 pieces of jewelrycreated annually, each one is unique—like a fingerprint. Beautiful hand-etched

Spring07p.86-142 4/24/07 9:53 PM Page 96

97

Beaudry’s incredible offerings. Only five or six stones out of 1000 pass all 24 points. Explaining this process so that collectors can beeducated at the point of sale is a priority, which is why Beaudry has created an outline of the 24 points for his dealers.“I’ve had people say,‘It’s amazing what you can do with a stone.You can make a stone look better than it is.’And I disagree,”he declares.

“Our customers appreciate that our stones are just that much finer, that we’re starting with

something superior,” he continues. “The idea is, if you understand cutting, that you’re not

detracting from the natural beauty of the stone when it goes into the mounting.” >>>

Spring07p.86-142 4/29/07 12:30 PM Page 97

Page 3: Article- The Jewelry Book

99

Carpet series were among the offerings that debuted at Basel. Of the Red Carpet series Beaudry says, “It was an interesting endeavor to tailor a classic, fine jewelry house into fashionable, red-carpet worthy jewelry,”he says.

T Though Beaudry no longer cuts his own stones, he is constantly designing and chooses or approves every single diamond and gem that makes it into the collection. “I love theacquisition of the stones,” he exclaims.“I meet with cutters over-seas so I can tailor cuts and create cuts for the collection. Becauseof that, I also attract new cuts that are brought to market, first.”

The evolution of Beaudry’s line is well planned and executed.For that reason he maintains an edited, concise collection.“As thebrand has become more known and less for the niche high-endcollector, we’ve looked at expanding our categories of jewelry.We’ve learned from all of our one-of-a-kind prototypes trends thatwe know to be successful, so we’ve made deeper investments into staples,” he explains. “We started as the ‘Oh my God!’ ring company, and then evolved into jewelry and fashion, and then intoBeautique, our entry-level bridal collection, which is our BMW 3-series. We won’t go below that. So we really keep the standard high.”

Currently, there are no plans to launch new collections butBeaudry is focused on growth within the existing collections(Couture, Signature, Beautique and Men’s). A crown series withlacey details, a vivid pink diamond triple-row bracelet, and the Red

B Beaudry also hinted at some other exciting projects on thehorizon, yet to be revealed. Surely, they will be spectacular.Reflecting on one of the challenges in the business, Michael says,“It’s very difficult for anyone who brings a new idea to market.If there is any inkling that it’s going to be successful there are people with very little imagination that build their businesses oncopying trends. My goal is to continue to create interesting, newdesigns. And we have the benefit of a following that respects our execution.” �

“It was one of the first truly collaborative design projects that I’ve done. I brought in our

marketing team and design team and we took elements of our collection and twisted them.”

Spring07p.86-142 4/24/07 6:42 PM Page 99

98

M i c h a e l B e a u d r y

W “We have 1500 different designs that are one of one,”Beaudry explains.

“You have to understand the process and sell the process and not the specific item.

Beaudry has different selling points because of its uniqueness.”

Another great sales feature of Beaudry’s collection is the ability to mix and matchpieces from previous years with new pieces. His overall aesthetic of vintage elegancewith modern lines evolves but retains a signature look. That blend of old and new is evident in the entire collection.“I like to always incorporate a sense of history into ourpieces, but also a sense of optimism and future wearability,” he reflects.“I admire thepast, but I’m always looking forward.”

With this in mind, Beaudry designs his jewelry around the stones. Every piece iscustom made to compliment the unique characteristics of the gemstones. Platinum isforged and fabricated with 18-karat gold accents in hundreds of small pieces that arewelded together. It’s a highly complicated process combining Old World craftsmanshipand modern technology.“There is a methodology to how we cut and select stones,”hereveals.“I believe that it’s the highest standard in the industry, defining the very top ofthe pyramid of what’s available in gem quality. That alone has been a real interestingproject for us. And the more we educate our dealer network and consumers, the morethey appreciate the existing pieces they’ve collected and it adds value to future sales.”

Michael recalls a “Dinner with the Designer”event that was held in Andover, Mass.,where he gave an explanation of the 24-point process.“This woman said, ‘you mean,I have one of those diamonds?! I am so happy!’She already owned it and she didn’t evenrealize what she had,”Michael says.“Once she knew, it added that much more value.It’s truly collectible. And that’s inspiring.”

Spring07p.86-142 4/24/07 6:42 PM Page 98