Weekly Top 5 News In The Jewelry Industry – Oct.8.2019

1. California governor Gavin Newsom (Gavin Newsom) has signed the latest law of the state containing metal jewelry requirements into law, which has been hailed as “the world’s most comprehensive regulations on lead and cadmium”. The bill (SB 647) was introduced by Senator Holly Mitchell (Holly Mitchell) in February, and was approved by the Senate and the Congress. It was signed into law in September 27th.

2. Responsible Jewellery Council joins UN Global Compact to act on SDGs. It has forged a new partnership with the UN Global Compact which will see members such as Swarovski, Tiffany & Co and the De Beers Group, develop actions that align and contribute to the Sustainable Development Goals (SDGs).

3. The Jewelry History Series will once again take place in tandem with the Original Miami Beach Antique Show (OMBAS), January 3rd and 4th. the two days of programming features venerable jewelry experts and historians who will present on a variety of topics.

4. The value of Thailand’s gems and jewelry export reached 11.452 billion U.S. dollars in the first eight months of 2019, up 45.81 percent year-on-year. Deputy Commerce Minister Weerasak said that gems and jewelry export has become the third biggest earner for Thailand

5. Turkey is going to host an international conference on jewelry and gemstone next week in Istanbul.
According to Turkey’s Jewellery Exporters’ Association on 4th, Oct. Istanbul will host the 8th conference of the Association of Southeast Asian Nations (ASEAN) Gems and Jewellery for the first time. The conference will gather 35 countries from Asia, including Brunei, Cambodia, Laos, Malaysia, Myanmar, Philippines, Thailand and Vietnam.

Extracted from:

1. https://chemicalwatch.com/82745/california-adopts-nations-toughest-limits-on-metals-in-jewelleryluxury-group-acquires-buccellati-now-celebrating-a-century-of-making-jewelry/#26f371b93b3e

2. https://www.edie.net/news/7/Responsible-Jewellery-Council-joins-UN-Global-Compact-to-act-on-SDGs/

3. https://instoremag.com/original-miami-beach-antique-show-to-host-annual-jewelry-history-series/#close-olyticsmodal

4. http://www.xinhuanet.com/english/2019-10/03/c_138446634.htm

5. http://www.hurriyetdailynews.com/istanbul-to-host-conference-on-asian-jewelry-industry-147170

Weekly Top 5 News In The Jewelry Industry – Spet.30.2019

1. On September 27, 2019, Richemont Group announced that it had acquired 100 percent of renowned Italian jewelry house Buccellati Holding Italia SpA in a private transaction with Gangtai Group Corporation Limited, a privately held conglomerate.

2. Jewelers’crime losses drop 26% to hit record lows. Losses declined to $53.4M. According to the Jewelers’ Security Alliance’s 2018 Annual Crime Report, from 2017 to 2018, US dollar losses from crimes against American jewelry companies fell by 25.9%, hitting record lows.

3. The Trump government lifted the tariffs on more than 400 products from China. The list spanned everything from dog collars to ice cream makers. Once again, jewelry-related products apparently didn’t make the cut—which means they are still subject to the tariffs enacted in September. Those duties, which were originally 10%, were raised by President Trump to 15% in a late August tweet. Industry sources said that at present, the industry has not been affected by the new responsibilities, but with the approaching of holidays, the situation may change

4. The GEM Awards committee of Jewelers of America (JA) has announced the GEM Award nominees in the categories of Jewelry Design, Media Excellence and Retail Innovation. The winners in these categories will be announced live during the 18th Annual GEM Awards on Friday, January 10, 2020, at Cipriani 42nd Street in New York

5. Hermès celebrated its new collection of Free-Spirited, Body-Inspired Jewelry with a dance performance at New York’s Lincoln Center. The collection also explores the chain link as a building block of metal jewelry, and as a symbol of strength and attachment.

Extracted from:

1. https://www.forbes.com/sites/elizabethdoerr/2019/09/27/richemont-luxury-group-acquires-buccellati-now-celebrating-a-century-of-making-jewelry/#26f371b93b3e

2. https://instoremag.com/jewelers-crime-losses-drop-26-to-hit-record-lows/

3.https://www.jckonline.com/editorial-article/trade-war-affect-jewelry-business/

4. https://instoremag.com/jewelers-of-america-announces-the-2020-gem-awards-nominees/#close-olyticsmodal

5. https://news.artnet.com/art-world/hermes-enchainments-libres-new-york-1662511

Weekly Top 5 News In The Jewelry Industry – Spet.25.2019

1. New York City Jewelry Week is now scheduled for November 18-24. Now, the second NYCJW held in the whole city has launched an expansion plan with more international perspectives.
The organizers said NYCJW is presenting international curators and designers, to exhibit contemporary jewelry exhibitions and projects with artists from Italy, Korea, Sweden, Greece, Denmark, Britain, Canada, France and Germany. The organizers also pointed out that the Museum of Art and Design will display Greek jewelry.

2. September Hong Kong Jewellery & Gem Fair was held in south China’s Hong Kong. The fair held from Sept. 18 to 22 at Hong Kong Convention & Exhibition Center has attracted over 3,700 exhibitors from around the world.

3. Royal Mint makes jewellery as people go cashless. As people are using less cash, the Royal Mint has expanded its offering by turning to jewellery making. Traditional coin-pressing techniques are used to make much of the jewellery. But currency is still the bedrock of their business.

4. Tiffany & Co. opened a huge exhibition of “Vision and Virtue” in Shanghai, displaying long-standing works in immersed multi-story cabinets, including items never seen before. With more than 350 works, it is the largest exhibition of its kind, and the brand will try its best to attract Chinese luxury consumers.

5. The 64th Bangkok Gemstone and Jewelry Exhibition was a great success, with total sales exceeding 56 million. The second exhibition of this year was held from September 10 to 14, 2019, with the theme `The Magic Hand of Thailand: The Spirit of Jewelry Making’. Compared with the same period last year, the Expo attracted 13% of international visitors.

Extracted from:

1.https://wwd.com/business-news/markets/nycjw-expanded-program-1203286321/

2.http://www.xinhuanet.com/english/2019-09/20/c_138406243.htm

3.https://www.bbc.com/news/uk-wales-49690873

4.https://www.thecut.com/2019/09/tiffanys-shanghai-exhibit.html

5.https://www.professionaljeweller.com/bangkok-gems-jewelry-fair-reports-increase-in-sales-and-visitors/

Weekly Top 5 News In The Jewelry Industry – Spet.16.2019

  1. Tiffany creates another reason for men to shop. Before, men always tend to shop for women. Now Tiffany creates another reason for men to shop: Tiffany Men’s, arriving Oct. 1 in stores worldwide and online.
  2. Pandora Plots a Comeback – Think Pink. Pandora has a shining transformation plan to regain some of the glory the brand had lost. In Log Angels, this famous brand colored bright pink on the streets of the city centre – a new iconic colour – shows efforts to make the next chapter brighter.
  3. Sept 12th, Meghan Markle wore Princess Diana’s earrings and bracelet to her smart works launch – Meghan’s Smart Works capsule collection. Meghan has a small piece of her mother-in-law wherever she goes
  4. Hermès celebrated its latest collection with a slick performance. Enchaînements Libres, Hermès’s latest collection, is on a world tour, which came from Paris It was a performative dance work, commissioned by Hermès from esteemed French choreographer Christian Rizzo.
  5. CIBJO released marketing and education special report, analyzed‘Next Great Jewelry-Buying Generation’. The generation refers to consumers who currently are 15 to 25 years of age. “The future success of the jewelry industry will depend on our understanding of the needs and wants of this generation.” The author wrote so.

Extracted from:

1. https://www.nytimes.com/2019/09/15/fashion/jewelry-tiffany-mens-reed-krakoff.html

2.https://www.nytimes.com/2019/09/15/fashion/jewelry-pandora.html

3.https://www.cosmopolitan.com/entertainment/celebs/a29023359/meghan-markle-princess-diana-jewelry-smart-works-launch/

4.https://www.vogue.com/slideshow/enchainements-libres-hermes-performance

5.https://instoremag.com/cibjo-releases-marketing-education-special-report-analyzes-next-great-jewelry-buying-generation/

Weekly Top 5 News In The Jewelry Industry – Sept 9 2019

1. September Hong Kong Jewelry Fair will be held as planned. According to an exclusive interview with senior officials of the trade fair on Thursday, despite continuing protests and occasional violent confrontations with the police, there has never been any press of postponing the Hong Kong Jewelry Fair in September.

2. Pandora is releasing a jewelry colection, which is inspired by Harry Potter. After collaborating with Disney for their Lion King, Aladdin, and other themed collections, Pandora is on the way to Hogwarts to satisfy all the Potterheads.

3. Jewelry retailers bring back luster, but hurdles remain. Shares of Signet Jewelers surged 28% on Thursday afternoon, on pace for their biggest one-day gain since 1996. But meanwhile, the shares of jewelry chains have been battled by the challenges, with Signet’s stock shedding 78% over the past 12 months even after Monday’s rally.

4. The Women’s Jewelry Association (WJA) has appointed a new executive director, Jennifer Markas, who begin will work from Sept. 10. WJA has also moved its headquarters back to New York City the outgoing executive director, Bernadette Mack, will work with Markas during her transition until the end of this month.

5. The Lagos jewelry brand unveiled the second generation of its Smart Caviar collection, designed specifically for the smart watch, almost one year after the successful launch of its first fine jewelry bracelets for the Apple Watch.

Extracted from:

1.https://www.forbes.com/sites/anthonydemarco/2019/09/01/september-hong-kong-jewelry-fair-to-be-held-as-planned/#7f3ab5702cd4

2.http://mentalfloss.com/article/596355/pandora-harry-potter-jewelry-collection

3.https://www.morningstar.com/news/dow-jones/201909058893/jewelry-retailers-bring-back-luster-but-hurdles-remain

4.https://www.womensjewelryassociation.com/

5.https://www.forbes.com/sites/anthonydemarco/2019/09/04/lagos-unveils-second-set-of-apple-watch-jewelry-bracelets/#752c4765612c

Weekly Top 5 News In The Jewelry Industry – Sept 1 2019

1. Men are increasingly choosing to adorn their outfits with jewellery and bracelets are still dominating in the men’s jewellery category, with stacking and layering being a continued trend in this sector of the market.

2. Osmium crystals are becoming more valuable than diamonds. Osmium crystals have stronger abrasion resistance and purportedly refract the light at greater distances than the traditional engagement ring gemstone. Ultimately there’s $50 billion worth of accessible osmium left in the Earth’s crust, a value predicted will quadruple in the next five years.

3. COPENHAGEN (Reuters) – Danish jewellery maker Pandora (PNDORA.CO) is stepping up efforts to win back shoppers with a brand relaunch in Los Angeles, plus new themed collections based on Harry Potter and Walt Disney’s Frozen and a revamp of its stores, to move it back to what made Pandora.

4. Louis Vuitton designed new high jewelry collection -Francesca Amfitheatrof ‘s Riders of the Knights collection, which was designed by Francesca Amfitheatrof and inspired by medieval heroines’ elements of arms and armor.

5. Padlocks are the latest jewelry trend. Necklaces and earrings with padlocks on them were seen on the runways of designers like Tom Ford, and they’ve now made their way to the mainstream, landing at all your fave online retailers.

Extracted from:

1. https://www.professionaljeweller.com/in-depth-an-analysis-of-the-mens-jewellery-market-in-2019/

2. https://www.bloomberg.com/news/features/2019-08-28/can-osmium-jewelry-be-more-valuable-than-diamonds

3. https://www.reuters.com/article/us-pandora-strategy/struggling-jewelry-maker-pandora-to-relaunch-brand-at-la-event-idUSKCN1VI2FA

4. https://www.townandcountrymag.com/style/jewelry-and-watches/a28350691/louis-vuittons-2019-high-jewelry-collection/

5. https://www.cosmopolitan.com/style-beauty/fashion/a28819176/lock-jewelry-trend/