“It’s a good time to re-evaluate what they have been doing for the previous six months, one yr, and two years, and see the place they stand in their enterprise,” he says. In a recent report, management consultancy agency KPMG analysed shopper spending following the 2003 Severe Acute Respiratory Syndrome epidemic in Hong Kong and the 2015 Middle East Respiratory Syndrome outbreak in South Korea. A pandemic is called Jewelery News a ‘black swan’ event – a set of circumstances so unlikely, businesses do not even factor them into forward planning, budgets, or worst-case situations. Yet 2020 has introduced such an event – COVID-19 – to every continent, leaving deep disruption and financial injury in its wake.
- The 2024 State of the Industry Report has been launched; the most in depth research of the Australian jewelry industry so far.
- “It’s great that the Awards will be held on the present flooring this year, as it’s a approach to convey the trade together, draw new visitors to the show, and have fun the winners and finalists.
- Mumbai’s Zaveri Bazaar stories a surge in heavy jewelry demand, notably for jadau items.
- Handcrafting the world’s finest diamonds starts with figuring out where they come from.
Organised by Italian Exhibition Group, from 11th to 14th May 2024 atArezzo Fiere e Congressi, Oroarezzo will as soon as once more host the worldwide platform for the perfect of Made in Italy gold, silver and … Jewellery insurance supplies monetary cowl to guard valuables corresponding to necklaces, rings, watches and earrings in the event that they are misplaced, broken, stolen or destroyed. The IIJS visitor team held a gathering with Dr. Chetan Kumar Mehta, President of the Jewellery Association of Bengaluru, on nineteenth February. Dr. Mehta welcomed the group, offering invaluable insights into Bengaluru’s prominent jewelry… 10 TIPS FOR SELLING ONLINE 1.Make it clear who you are to your customers. There is a authorized obligation to have data similar to your company’s…
Ultra-wealthy Buying Lab Growns, Says Dubai Jeweler
With pandemic-related restrictions confined to the past, 2023 has – up to now – been a year of optimistic expectation. Our data confirmed a double-digit y/y restoration in gold jewellery consumption through the first half and, more lately, festivals and major jewellery trade events have introduced vitality back to the sector. But the comparatively tepid Q2 sales are a concern and the future stays uncertain to many. Our survey goals to supply insights on latest developments to local retailers seeking to outline their strategic business plans and help shape a better future for the business. Mass-appeal gold jewelry products have been and are prone to stay a key element of most retailer inventories. After all, conventional shoppers make up a big proportion of China’s gold jewelry market – and whether their motivation is shopping for for good luck or funding functions, they like simple products with cheap labour costs.