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

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

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

Hong Kong’s jewelry sales plunge 54% in July 2020

02 september 2020
In July, the resurgence of the COVID-19 cases and the restrictions on social measures tightened severely tourism and consumption on the whole. Sporadic anti-government protests too resulted in affecting tourist arrivals in July, dipping by 99.6% from the year earlier.
Total revenue from jewelry, watches, and other luxury items plunged 53.7% y-o-y to $328.5 mn for July, according to Hong Kong’s Census and Statistics Department. Sales in all retail categories dropped 23% to $3.41 bn.
During January - July 2020, revenue from jewelry, watches, and other luxury items slumped 64% to $2.14 bn. Sales in all retail categories declined 32% to $24.17 bn for the January-to-July period.

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