Father’s Day Gifting Expected to Hit Record Dollar Figure
With sentimental
spending on Father’s Day predicted to reach a record amount this year, jewelry
brands are hoping the increased attention on men’s fashion and accessories
translates into more jewelry and watches as gifts.
“Father’s Day is about
honoring dads and father figures with gifts that feel both stylish and useful,”
says Ashley Bigbee, vice president of merchandising for Kay Jewelers. “Dads are
looking for gifts that remind him that he’s seen, valued, and loved.”
The National Retail
Federation (NRF) said its annual consumer survey indicated that spending for
Father’s Day 2026 would total about $27.9 billion, surpassing last year’s
record of $24 billion. Another poll, by PricewaterhouseCooper (PwC), found that
72% of respondents plan to buy gifts for Father’s Day and that consumers would
spend an average of $93 on them.
“Despite economic
pressures, Father’s Day remains just as important to shoppers as in years
past,” NRF chief economist and executive director of research Mark Mathews said
in a statement. “In order to make the holiday fit their budgets, shoppers are
pulling back in other spending areas. Retailers continue to meet consumer needs
by offering items at affordable prices.”
Phil Rist, NRF’s
executive vice president of strategy, noted, “While nearly every gift category
is seeing an increase in planned spending this year, electronics and personal
care items have the largest gains. These items reflect consumers’ focus on
giving dad practical and popular gifts, especially products that help make his
life easier.”
That sought-after
practicality applies to jewelry, Bigbee tells JCK. For Father’s Day, she says
Kay is seeing an interest in jewelry staples that can be worn to work and for
dressier or leisure occasions.
“Modern dads are
gravitating toward pieces that feel both stylish and sentimental. This could be
classic chain necklaces, layered bracelet stacks, and versatile silver and
mixed-metal designs with a personal twist, such as custom engravings, initials,
important dates, and family-inspired details,” says Bigbee.
“These gifts are not
only stylish but also carry emotional significance,” she adds. And that’s where
jewelry meets other consumer preferences for Father’s Day gifting: When NRF
asked about the most important quality of a Father’s Day gift, 44% of respondents
named “unique or different,” and 34% said “one that creates a special memory.”
Bigbee says the men’s
jewelry market overall is being driven by a desire for accessible luxury,
self-expression, and pieces that transition between casual and special.
“We’re seeing men
gravitate toward wardrobe staples such as classic Cuban or curb chains,
watches, and layering bracelets in stainless steels and yellow gold,” Bigbee
says. “A simple chain adds polish without feeling overdone, while different
metal types are an easy way to introduce personality into everyday looks.
“Ultimately, the
modern jewelry wardrobe is less about collecting numerous pieces and more about
investing in a few timeless, high-quality items that feel authentic, tell a
story, and can be worn every day,” she says.
The NRF survey,
conducted the first week of May by Prosper Insights & Analytics, involved
over 7,900 consumers. More than three-quarters of them (77%) said they plan to
celebrate Father’s Day. People will spend an average of $226.58 each on
Father’s Day, up from the previous record of $199.38 in 2025, the NRF said.
“Father’s Day 2026
reflects an evolving holiday,” PwC said in its report. “Younger generations are
reshaping the holiday through increased spending, subscriptions, and digitally
influenced shopping behaviors.”
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