Friday, August 6, 2010

Jewellery suppliers look to China

As the jewellery market suffers worldwide, domestic and overseas producers and brands are turning to China to keep revenues coming in.Over 3,000 exhibitors from 44 countries and regions participated in the Hong Kong Jewellery and Gem Fair, making it the biggest jewellery exhibition worldwide. The event kicked off Wednesday in the Hong Kong Convention & Exhibition Centre and will close Sunday."Jewellery sales dropped in the US and the European market in the aftermath of the global financial crisis.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,womens accessories,jewellery rings,gold jewellery,women's jewellery.You can wholesale jewellery. The China market is now under the spotlight, and jewellery brands worldwide are eyeing Asia especially China. They hope to move into the China market by attending this Hong Kong fair," Frank Wu, president of TTF Studio, told the Global Times on Thursday.
China is the largest market for platinum and second largest for gold consumption after India. While US and European markets sales have slumped,. She created clothes and chanel jewelry for others that were the same as she created for herself. the market here is estimated to grow by 5 percent for gold and 10 percent for gem stones consumption, reaching 200 billion yuan ($29 billion) worth of sales by the end of this year, Wu said.
"This is the first time for us to participate in the Hong Kong fair, Giose Marsilio, CEO of Rota e Rota, a high-end Italian jewellery supplier, told the Global Times, "We want to test the market."
Talking about the difference between European and Chinese jewellery producers, "there are 3,000 workers in a Chinese factory, and an Italian producer has a maximum of 40 to 50 workers," said Marsilio.. fashion accessories are decorative items that supplement one's garment, such as fashion jewellery, gloves and tights.Je. The idea that a small Necklace is dangerous to patients is at best absurd.
China jewellery producers should rely on quality, branding and cutting-edge techniques rather than cheap and labour intensive products in order to compete both internationally and domestically, Wu at TTF said.

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