GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

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30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Turmoil in Hong Kong hits export of Swiss timepieces

20 november 2019
On the back of ongoing anti-government protests in the Hong Kong, exports of Swiss timepieces in top luxury watch market Hong Kong took a hit in October, as per a report in
Data from the revealed that shipments to Hong Kong – a traditionally strong export market for Swiss watchmakers – plunged 30 percent in October, hindering overall growth.
All other major markets exhibited strong results, with China registering a 17.6 percent uptick and toppling Hong Kong as the second strongest Swiss watch export market after the US.
“Swiss watch exports passed the CHF2 billion (around US$2.02 billion) mark last month, thanks to growth of 1.5 percent compared with October 2018.Overall growth was hindered by the very marked decline in Hong Kong while the rest of the world generally saw an upturn of 6.5 percent.”
According to the federation, weakening exports in Hong Kong were more in line with the actual situation in the local market and had a significant impact on global growth, reducing it by five points. 
Shipments to the US were up 9.5 percent, followed by China and Japan (11.3 percent growth). Europe saw an 8.3 percent rise in exports, which can be traced to a 12.9 percent and 24.2 percent hike in the UK and France, respectively.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished