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 Jewelry, Watch Sales +1% in July

05 september 2012

Hong Kong's Census and Statistics Department published provisional retail sales for July, showing a 3.8 percent year on year to $4.7 billion (HKD 36.5 billion). The volume of retail sales increased by 1.3 percent. For the first seven months of 2012, Hong Kong's retail sales have increased by 11.7 percent to $33 billion (HKD 256.5 billion), Rapaport reported.
Sales of jewelry, watches and clocks in July rose 0.9 percent to $1 billion (HKD 7.89 billion), however, the volume of sales fell 3.1 percent year on year. Revenue from this category for the first seven months of 2012 has increased 10 percent year on year to $7.2 billion (HKD 55.49 billion).
The government noted that retail sales volume overall expanded only modestly in July and that the growth rate from tourists moderated from previous months. Local consumer sentiment appeared to have ''turned more cautious'' in view of the deterioration in the external economic environment, according to its statement.
Nonetheless, Hong Kong predicted that  favorable job conditions locally and further expansion of inbound tourism should support retail business in the months ahead.  ''However, we need to stay alert to the notable downside risks on the external front, which will continue to cast a shadow over the economic outlook and hence may increasingly weigh on consumer sentiments down the road,'' according to the statement.