[Wedding Pearl Jewelry | Bridal Pearl Necklace] 4/15/2018 09:50:00 AM

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Organized by UBM Media, the second Singapore Jewelery & Gem Fair will be held from 23 to 26 October 2014 at the Sands Expo and Convention Center, Rapaport reports.
UBM said that in 2013, 283 exhibitors and 8,739 visitors took part in the debut issue of the Singapore Jewelery & Gem Fair, and this year 300 exhibitors are expected to attend.
Singapore was chosen as a venue for this exhibition not by accident - UBM took into account a large number of high-income citizens living there, as well as a developed jewelry market.

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Posted By Blogger to Wedding Pearl Jewelry | Bridal Pearl Necklace at 4/15/2018 09:50:00 AM

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Retail sales of jewelry and watches, as well as other luxury goods in Hong Kong in May 2014, fell by 24.6% year-on-year to $ 1.03 billion (7.944 billion Hong Kong dollars), Rapaport reports citing data from the Statistics Department Hong Kong (Census and Statistics Department).
At the same time, sales of jewelry, watches and valuable gifts in department stores jumped 20.5% to $ 37 million (HK $ 288 million). Total sales in this category fell by 22.7%.
In May, the total retail sales in Hong Kong reached $ 5 billion (39 billion Hong Kong dollars), down 4.1% over the same period last year. In addition, sales statistics for April 2014 were revised downward, so that sales showed a decline of 9.9%. Decrease in retail sales from the beginning of the year to May is estimated at 0.2%.
The government notes that the cumulative retail sales in May were negatively affected by weak demand for luxury goods and jewelry, which reflects a decrease in the buying activity of tourists. In the meantime, sales of goods targeting local residents grew, which indicated positive sentiments in the local market amid good employment figures.

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Announced by the Indian government on July 10, the budget of India for 2014 grieved the participants of the precious stones and jewelry industry, since it does not provide for reforms that would stimulate the growth of this sector.
Nevertheless, the chairman of the Gems and Jewelery Export Promotion Council (GJEPC), Vipul Shah, in the press release issued by this organization, welcomed the creation of the Export Promotion Mission and the restoration of special export zones (SEZ), saying: "Finance Minister Arun Jaitley came out with populist positions, announcing the introduction of a number of small measures and initiatives at the state level. However, none of these steps promises to have any significant impact on the precious stones and jewelry sector. We are glad that our recommendations regarding the regulation of the import duty on the diamond battle and the cancellation of the import duty on preforms of semi-precious and precious stones were taken into account. The regulation of the import duty on processed diamonds at the level of 2.5% will also support the domestic production sector. However, the participants of the jewelry industry are extremely upset that the duty on gold imports has not been reduced by at least 2-3%. This means that the smuggling of gold will continue. " Shah added that the participants of the jewelery and jewelry industry have a reason to rejoice because the government is aimed at promoting exports and restoring special export zones in the country.

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Indian diamond and jewelry brand Tanishq in early July introduced a new line Inara, which was the continuation of the collection of diamond jewelry, debuted in 2013, reports Rapaport.
The new line consists of jewelry from white and yellow gold with a spray of white rhodium, which emphasizes the brilliance of brilliance, according to the materials of Tanishq. Ornaments Inara - necklaces, earrings, rings, bracelets - are encrusted with colored gems such as rubies, emeralds, blue, pink and yellow sapphires.
Senior vice president of retail sales and marketing of Titan Company Sandeep Kulhalli (Sandeep Kulhalli) said: "The Tanishq brand has always been a pioneer in the manufacture of jewelry with new-generation diamonds for every taste. We are pleased to again present the collection with innovative and unique designs, which is designed for Indian women who consider jewelry to be a continuation of their image. Jewelry glorifies a woman and combines the elegance of diamonds and modern design. "