[Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings] 5/06/2018 11:17:00 PM

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The 30th Hong Kong Fair of Precious Stones and Jewelry, held in Hong Kong from March 5 to 9, provided optimistic sentiment for market participants, according to a weekly message from Diamond World. According to the organizers of the fair, this year the event was attended by a record number of exhibitors - 3,300 companies from 49 countries and regions. The customer traffic at the Hong Kong Fair was also active, which confirms the importance and leading role of the Asian markets, and also indicates the return of interest in goods and revitalization in the industry. 
It seems that the participants of the diamond industry were satisfied with the Hong Kong Fair. Demand for diamonds was good, although prices did not fully meet the wishes of buyers. However, the very fact that diamonds are in demand is evidence of the process of replenishment of stocks and consequently of certain activity in the market.
Over the past few years, Asian markets have been key drivers of demand, they have experienced the same periods of economic turmoil, high diamond prices and low demand. Last year, the business of diamantaires was rather sluggish. But now, when the demand for diamonds is restored and a huge number of Chinese buyers have come to the market, industry participants hope that the enthusiasm observed at the fair will become the basis for the development of the industry in a new, positive direction.

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Posted By Blogger to Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings at 5/06/2018 11:17:00 PM

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The TAG Heuer brand recently announced the launch of the first online boutique, designed to reflect the conceptual style of TAG Heuer, Rapaport reports. Now consumers can go deeper into the assortment of the brand at any convenient time, wherever they are. TAG Heuer offers exclusive watch products, products and accessories, available in limited quantities, including goggles, cufflinks, bags and clothing items.
"Like the eight TAG Heuer boutiques operating in the US, the new online boutique allows us to personalize the brand for our customers and provides them with unrivaled shopping conditions and first-class service," said TAG Heuer CEO in North America, Ulrich Wohn. "By opening an online boutique, we can expand our audience that will be able to appreciate the spirit, history and prestige of the Swiss watch brand at any convenient time and from anywhere."
The site of Shop.TAGHeuer.com presents the latest collections of mechanisms TAG Heuer 1887.

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Jewelry retailer Chow Tai Fook reported that its sales in comparable stores in January and February fell by 2% on a year-on-year basis due to continuing weakness in the retail market in China. In terms of sales in comparable stores decreased by 3%, reports Rapaport.
The company noted that there was a lull in the retail market in China during the whole period, except for the Chinese New Year.
Sales in comparable stores in China for two months fell by 7% in monetary terms, while the volume of sold products decreased by 10%. However, sales in Hong Kong and Macao rose by 5-16% in volume, continuing the trend of gradual improvement of the market that began in November, the jewelery company said.
Chow Tai Fook expects that the implementation of its program to expand operations and open new stores will take longer than planned, due to the weakened market conditions in mainland China. During January and February, the company opened 32 stores, bringing the total number of outlets in China, Hong Kong and Macao to 1,834.

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British auction house Christie's said that in mid-May at the auction in Geneva will be exposed to a unique diamond of impeccable purity. The auction house said that in April, on the eve of the auction, will be organized displays of this gemstone, weighing 101.73 carats, in New York and Hong Kong.
"On May 15, Christie's in Geneva will offer customers an amazing 101.73-carat pear-shaped diamond, which was created as a work of art," said Christie's jewelery division head in Switzerland and the American region, Rahul Kadakia. "By its size, quality and rarity, it's one of the most beautiful white diamonds that Christie's ever had the honor to exhibit for auction."