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

Luxury gold jewellery become all the rage in India

24 december 2009

A growing number of consumers are opting to purchase luxury gold jewellery, pointing to recovery for the market, Israelidiamond.co.il reported.
This is according to Unity Marketing, which recently surveyed 1,000 shoppers and found that the average expenditure on jewellery by those with a minimum household income of $100,000 (£62,011) per year increased by 31 per cent to $4,813 in the three months to September compared with the same period in 2008.
However, spending on clothing and accessories such as bags and shoes dropped by more than 30 per cent over the same timeframe. 
Commenting on the luxury jewellery sector, Unity Marketing president Pam Danziger told MarketWatch: "Among affluent consumers, people are selectively indulging once again after a huge decline last year."
Earlier this month, the New York Times also reported an upswing in sales of high-end gold jewellery by well-known designers such as Faberge and Louis Vuitton.
Faberge chief executive Mark Dunhill told the newspaper that "real luxury" tends to make a comeback during uncertain economic times.