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

U.S. Jewelry & Watch Sales +6% to $7B

07 july 2014

U.S. combined jewelry and watch sales in May rose 5.6 percent year on year to $7.192 billion, according to preliminary government estimates, Rapaport reported. Sales data for April was unchanged, however, the figures were revised slightly lower for March. Preliminary jewelry and watch sales for the first five months of the year rose 3.4 percent to $29.95 billion.
While sales growth has been holding steady in the low single-digits this year, the increase in May was the best performance since November. Jewelry and watch sales combined rose 3.8 percent in December, 3.9 percent in January, 3.7 percent in both February and March, and 2.3 percent in April.
Jewelry sales across all retail establishments in May increased 5.4 percent year on year to $6.321 billion, according to Rapaport News estimates. The U.S. consumer price index (CPI) for jewelry in May declined 4.3 percent as price pressures continued to ease for supplies, especially gold.  Watch sales increased 6.8 percent in May to $871 million as the CPI fell 0.9 percent for this category.
Jewelry sales in the U.S. for the first five months of 2014 have risen 3.1 percent year on year to $26.394 billion, while watch sales increased 3.9 percent to $3.556 billion, according to Rapaport News estimates. The increases are well below the average in 2013 when jewelry sales rose 7 percent and watch sales jumped 8 percent.