Covid-19 Impression On Jewellery Trade Insights

Fieldwork happened between July and August 2023 via each on-line questionnaires and face-to-face interviews. Our random sample includes stores in malls (57%) in addition to these on streets (43%), reflecting the current divide available within the market and mitigating attainable Jewelery News biases arising from retailer varieties. Picking up from the place his predecessor left off, Victor Yiu, the brand new chairman of the Diamond Federation of Hong Kong, China , is spearheading recent programmes to additional promote natural diamonds in the city.

• Many retailers informed us that gross sales fell off a cliff after the International Women’s Day in March.
• It operates some 2,800 retail places under its Kay, Zales, Jared, Diamonds Direct and Banter by Pierce Pagoda banners, plus DTC James Allen and Rocksbox jewelry rental, and extra.
• The family-controlled luxury shoemaker is looking for to revive its fortunes, and adapt to fast-changing shoppers’ tastes, beneath former Burberry chief government Marco Gobbetti.
• The ruby, because the 40th anniversary gemstone, rightfully takes centre stage as the focal gem in Jewellery & Gem WORLD Hong Kong’s partaking academic programme, Red Radiance – the Ruby’s Mine-to-Market Adventure Exhibition.
• Reliance Brands Ltd has launched a brand new luxury label referred to as AFEW Rahul Mishra in collaboration with Indian designer Rahul Mishra.