CNN Reports that Diamonds are Making a Huge Comeback

Taylor Swift's wears diamond earrings
to this year's CMA awards
(these are similar in style to the earrings
 I designed for my wedding in 2008!)

In a report by Katherine Dorsett, CNN has just reported that diamonds are making a huge comeback on holiday shopping lists this year. According to a survey by the National Retail Federation, the number of people asking for jewelry for Christmas is up 13 percent from a year ago, now at a total of 23 percent. It seems that practical gifts such as cookware seemed to be in big demand last year, while "bling" is the thing a'coveted this 2010 holiday season.

Some experts are speculating that the increased demand for jewelry is actually a good signal that the economy may be recovering. Whatever the case may be, it seems that the public just can't wait any longer to be like their favorite celebrities, who are indeed wearing diamonds. From Taylor Swift to Prince William's fiance Kate Middleton diamonds are all over the media.

Last week Oprah upped the ante for the diamond trend when she gave her guests "a little bling" by Dana Rebecca Designs. Each guests received the "Jessica Leigh" diamond earrings that include 1.17 carats of diamonds. Fashion critic Pinny Gniwish told CNN "People want gifts that will last...[they] want to feel like they are not only giving a gift but investing in forever." Read the full story here.

Are diamonds or other gems on your gift list for the holidays this year?