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Tobias Kormind, managing director of London-based online diamond retailer 77 Diamonds, says the demand for men's engagement rings was close to zero until about seven years ago.

Engagement rings are nothing new. When you get to a certain age, your Instagram feed is bound to be full of girlfriends-turned-fiancés showing off their newly acquired diamonds.

From Brooklyn Beckham with his diamond-encrusted ring to Ryan Reynolds with his simple stack, many famous fellows are wearing engagement rings for men.

Tobias Kormind, managing director of London-based online diamond retailer 77 Diamonds, says the demand for men's engagement rings was close to zero until about seven years ago.