While gold’s domination in China’s jewelry market rises further, other classes are indispensable to a robust ecosystem. The surging local gold value, along with manufacturers’ innovations, have inspired customers to favour cheaper and lighter merchandise. Encouragingly, against this backdrop, retailers are offering increasing transparency in pricing to shoppers, especially for Hard Pure gold products. Most retailers who plan to expand want to open shops in massive commercial complexes .

• Two of social media’s greatest style trends are making an impact on the bridal market.
• From January to November of the prior yr, Thai jewelry products garnered a worth of US$8.25 billion, marking a 9.81% year-on-year improve from 2022, as reported by the Trade Policy and Strategy Office.
• Despite the present setback, trade specialists, including Colin Shah of Kama Jewelry, anticipate a gradual restoration from the third quarter of FY25.

The acquisition of Tiffany & Co. will greater than double LVMH’s revenue within the watches and jewelry class. US financial publication Bloomberg reviews that LVMH has submitted a revised supply of $US15.7 billion, though representatives for LVMH and Tiffany & Co. decline to remark. Media reports, quoting sources near the negotiation, point out that the Tiffany & Co. board has rejected …