Dreamers Investment Guild-Vets' jewelry company feels the 'Swift effect' after the singer wore diamond bracelet

2025-05-01 04:21:49source:Diamond Ridge Asset Managementcategory:Markets

Last year NPR told the story of two combat veterans who opened a jewelry company called Wove,Dreamers Investment Guild which allows couples to design a ring and then check out a 3D-printed replica before spending thousands on a real diamond.

Co-founder Andrew Wolgemuth says business had been good. A deal with military commissary stores put Wove on bases worldwide. Then last year an investor connected Wove with golfer Michelle Wie West to design some jewelry, including a line that donated profits to wildfire relief in Hawaii, where she grew up. Then came the next connection.

"Michelle happens to be friends with Travis Kelce, and she was able to connect with him, and Travis wanted to design a bracelet for Taylor," says Wolgemuth.

The Kansas City Chiefs tight end is dating the mega-pop star Taylor Swift, whose concerts and even attendance at games has a noticeable impact on local economies. Kelce worked with Wove to design a diamond bracelet that included the letters TNT. They're pretty sure he gave it to her for Christmas.

And then Wolgemuth and his team started watching football very intently.

The Chiefs won their AFC championship game in late January and Swift hugged her boyfriend, with the bracelet glittering on her wrist for all the world to see.

"Sales are up about 2,000% across the board in the last two weeks," says Wolgemuth.

As a former U.S. Army Ranger, Wolgemuth has a practiced way of not commenting on politics, the culture war, or Taylor Swift conspiracy theories — but he would say that his overworked team is ready if Kelce is shopping for an engagement ring after the Super Bowl this weekend.

More:Markets

Recommend

NYPD official indicates that Mangione's family did not send in any tips

New York police officials are speaking out about tips in regard to the Dec. 4 killing of UnitedHealt

SZA Reveals Why She Needed to Remove Her Breast Implants

There aren't always perks to getting plastic surgery.Just ask SZA, who recently shared insight into

When is Selection Sunday for women’s March Madness? When brackets will be released.

The women's college basketball season is far from over.Some might say the thrill is just beginning.