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News

  1. Q1 Gold Jewellery Demand Soft, Says WGC
  2. Jewellery Buying Groups Formed New Global Alliance
  3. Singapore to Host Jewellery & Gem World 2022
  4. ‘Wonder Woman’ Gal Gadot Premiered in Tiffany’s 2022 High Jewellery Collection
  5. Christie’s to Auction ‘The Light of Africa’ for $18M in June
  6. New Board of Directors were elected to Jewellery Exporters Association of Turkey
  7. Oroarezzo back with Première Competition
  8. ‘De Beers Blue’ auctions US$57.5M at Sotheby’s
  9. CTF launches Mother’s Day collection
  10. Jewelers of America Announces The 2022 CASE Award Winners
  11. De Beers: Diamond Businesses Staying Cautious About Business Expectations
  12. Synthetic Alexandrite Pioneer David Patterson Dies at 89
  13. 205 CARAT FANCY INTENSE YELLOW DIAMOND GENEVA MAGNIFICENT JEWELS | 11 MAY 2022
  14. Rebecca Foerster Appointed As President of Hearts On Fire
  15. US Steps Up Sanctions Against Alrosa
  16. PGI Study Findings: Consumers Have Different Interpretations of Sustainability
  17. Irving Wong Appointed as Pandora’s General Manager For China
  18. Rolex’s 6 New Watches Unveiled at Watches & Wonders Geneva
  19. Sixième Sens par Cartier High Jewellery: Heteractis Ring
  20. Will Russian Diamond Ban Help Foster Lab-Grown Diamond Business?
  21. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  22. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  23. JEWELLERY GENEVA Takes Place between 30 March and 3 April 2022
  24. Christie’s Presents 228 carat White Dimond
  25. Gold Bar Integrity Programme to be Implemented
  26. Press Release: BONHAMS ANNOUNCES ACQUISITION OF BRUUN RASMUSSEN AUCTIONEERS – DENMARK’S LEADING AUCT
  27. Early Spring Fashion for Natural Diamonds
  28. Jennifer Garner Shines in De Beers Jewellers at the Premiere in New York
  29. To celebrate its 15th anniversary, “Cartier Women’s Initiative Impact Report”
  30. American Gem Trade Association Announces Partnership with JCK Show Again
  31. Chow Tai Fook and Canada's Mountain Province Diamonds Sign Supply Agreement
  32. Registration Is Open for 2022 JCK Show
  33. Alrosa Caught Up in U.S. Sanctions
  34. Tawhid Abdullah Receives Lifetime Achievement Award
  35. The Largest Blue Diamond Appears at Sotheby’s Auction
  36. Price Rise for Nearly 90% Of Fancy Colour Last Year
  37. Dickson Yewn’s Collectibles Given for Sotheby’s Charity Auction
  38. De Beers Boosts Production
  39. Watches & Wonders Geneva To Be Held In Hybrid Format
  40. Jewellery, Gem & Technology Dubai to Debut February
  41. Hong Kong Losing its Dominance as the World's Largest Watch Market
  42. Gift Guide for CNY
  43. Press Release: Sotheby’s Announces New Appointments To Luxury Team In ASsia
  44. Georg Jensen Becomes a Certified Member of RJC
  45. 555.55-carat Black Dimond Unveiled at Sotheby’s Auction
  46. GIA Appoints Anna Martin as SVP for Institute, Industry Relations
  47. Alrosa Boosts Direct Sales of Fancy Diamonds to Investors
  48. CIBJO General Assembly postponed to March 17 and 18, 2022
  49. 7,525 Carat Emerald Discovered
  50. Karl Lagerfeld Jewellery Collections to Shine
  51. Diamonds Travel To The Space
  52. Vicenzaoro January postponed to March
  53. America’s Youngest Jeweller Starts Business via Instagram
  54. Concerns over conflict gold arise again
  55. The 1st International Gemstone & Diamond Trade Summit Wraps Up in Macao
  56. The Knot’s Study:Over 30% of Respondents Say Natural Diamond Unimportant
  57. Pantone’s 2022 Colour of the Year: Very Peri
  58. Phillips Jewellery Auctions Fetch over HK$181 Million
  59. The World’s First Pure Gold Castle of Magical Dreams by CHOW TAI FOOK
  60. Jewellery Sales Jumped 78% During the Thanksgiving Holiday
  61. Gem Auctions DMCC’s Debut Auction Successful
  62. Cartier’s Christmas Tree Lights Up the City with Love and Hope
  63. Rediscovering Lacloche in Hong Kong
  64. Blue diamonds to lead Christie’s HK autumn sale
  65. JMA show to stage next Thursday
  66. HK auction to help Cambodian kids
  67. Basel fair cancelled again
  68. HKDI show to continue in Dec
  69. Gemfields sells 7,500-carat emerald for good
  70. Sustainability is key to diamond purchases, a report says
  71. Christie’s Geneva jewellery sale fetches CHF53.7m
  72. Cibjo forms working group on fei cui standards
  73. Only Watch raises CHF30m for DMD research
Read More...


HIGHLIGHT

  1. US market unfolds changes and potential
  2. The queen of gems, the gem of queens
  3. Classics return

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The soul of ‘Made in Italy’

Every piece of jewellery made in Italy conceals a secret aesthetic soul, rooting in a past enriched with strong values, from the Etruscans to Benvenuto Cellini, from the Renaissance workshops to the fusion of all the different populations that, over the centuries, inhabited the Italian Peninsula. To conceptualise ideas and design beautiful, pleasant and rewarding things is Italians’ life philosophy. Jewellery happens to be one of the most enchanting results derived from it. 

Recognised for high-quality innovative designs, the Italian jewellery industry ranks the 6th most active trade balance against foreign countries and is one of the most profitable industries among ‘Made-in-Italy’ sectors. The country operates a complete jewellery production process in principal jewellery manufacturing districts namely Vicenza, Arezzo, Valenza and Torre del Greco/Naples. These four districts account for over 85 percent of jewellery’s total exports. 

With 80 percent of the jewellery production exported worldwide, a positive trend has been witnessed in the country’s jewellery industry recently. In 2017, total exports of Italian jewellery jumped 12 percent to 7 billion euros and the imports increased by nine percent to 2.9 billion euros compared to the same period in 2016. Main export markets in order include the UAE, Hong Kong, the United States, France and other European countries. 

During the 35th HKTDC Hong Kong International Jewellery Show (HKIJS) held 1-5 March 2018, the Italian Pavilion organised by the Italian Trade Commission (ITA) housed around 160 Italian jewellers occupying an area of 1,533 square meters, alongside an ITA Information Centre for the assistance of Italian exhibitors and international buyers and visitors. 

ITA organises Italian Pavilions in different trade fairs. At each edition of HKIJS, the government agency brings new and old exhibitors to showcase their latest Italian jewellery designs to the global audience. With about 53,000 visitors recorded at the 35th HKIJS, feedbacks from the Italian Pavilion exhibitors were overall positive and over 80 percent of them have confirmed their participation in the 2019 edition.

An internationalised sector that has built its glamorous image and the ‘Made-in-Italy’ label with a broad customer base, the Italian jewellery industry is also renowned for its high production capability. The Italian goldsmith sector maintains its leadership in terms of production volumes for low design-content goods, such as traditional chains, pendants, crosses, etc, and also for medium-to-high value-added subcontracting works. This sector is hailed as the propelling engine of the overall industry, thanks to its flexibility and many long-standing family-businesses.

Although large companies have played an important role, SMEs have been considered the real creators of this competitive industry and is the heart of Italian craftsmanship. According to ITA, it is the concentrated small jewellery business in Italy that represents the cradle of the country’s goldsmith culture, preserves tradition, and enhances its merits.

To be more specific, the Campania goldsmith district originated from small artisan workshops and their excellence in processing cameos and corals. Ninety percent of corals fished in the world nowadays are processed in this southern district of Italy where the production cycle is complete including fishing, processing and distribution. In Vicenza, highly-specialised master craftsmen and SMEs boast jewellery-making traditions and techniques to offer products ranging from fine jewellery and silver jewellery to semi-finished products.

These assets of the Italian jewellery industry in fact result from jewellers’ continuous investment in research and development and technological innovations, a practice that has notably begun since the post-war period. Equipped with advanced technology and machinery, it is possible for Italian jewellers to communicate directly with customers and provide a rapid response to market requests.

“Technology and machinery have been supporting the jewellery manufacturing sector in Italy to evolve and grow to produce exquisite quality products with high fineness for a long time,” said ITA. “Many Italian manufacturers even produce their in-house new machines and technologies to be able to realise innovative ideas. Practitioners have enhanced their technologies that fulfil a kind of ‘engineering’ production without compromising creativity, aesthetics and the spirit of Italian style.”

With Italian jewellers’ second or third generation taking over their businesses gradually nowadays, this new blood is bringing new prospects to the jewellery industry. These young protagonists focus more on corporate social responsibility, new distribution channels, in particular e-commerce platforms, and new market segmentation based on consumer preferences and habits. In spite of the huge challenges ahead, their practice will lead the industry to a more transparent, proactive and healthier stage.

Facing the future, ITA believes that the Italian jewellery industry will thrive undoubtedly, with huge customer information asset and more cooperation and exchange within the industry. Dedicated to create a new, solid, fast and competitive business system with “no more soloists but closely-knit teams”, practitioners will need to make use of the tools including innovative products, continuous collections, fast services, brand building, direct distribution and sales network, effective communication and streamlined, flexible business structure with a strong sense of teamwork to succeed.

 

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