The leading monthly news magazine for the world's jewellery trade; diamond, pearl, gemstone and jewellery-making equipment and supplies sectors in Asia. Every month Jewellery News Asia features original reports by experienced journalists. By providing the latest information on key facts, figures and trends, readers will stay ahead of their competition, and therefore make better business decisions. Jewellery News Asia contains the most valuable information you need about Asia: news from Asia, news from the rest of the jewellery world and how it affects Asia, reports on trade figures, auction results, company news, new designs and products. Since its launch in 1983, Jewellery News Asia has been the leading regional publication chosen by the world's jewellery industry. It is the publication that the industry professionals choose to read and where they prefer to advertise.
December 2013 Issue 352
Highlights of this Issue:
Spanish manufacturers search for new growth in China. Sales of jewellery have fallen considerably in Spain since the economic downturn of 2008. According to a recent study by Euromonitor International, an economy still reeling from the throes of the eurozone crisis would likely continue to hamper the jewellery sector’s growth in the coming years. In separate interviews with JNA, Spanish jewellery manufacturers talked about their business strategies and growth plans in emerging markets, including China.
Rio Tinto’s ‘The Fashion of Diamonds’ gains momentum. China’s diamond jewellery landscape is undergoing a transformation as consumers are increasingly looking for more design-driven, accessible and trendy diamond fashion jewellery beyond the solitaires. In November, Rio Tinto launched “The Fashion of Diamonds,” a new marketing initiative to engage the industry’s whole chain including miners, diamond polishers, cutters, jewellery manufacturers and retailers to seize what the company calls “the biggest opportunity” in China right now.
Quality pearl prices continue to rise on sustained demand, experts say. Strong demand and tight supply will continue to drive up prices of fine-quality pearls in 2014, an industry veteran said in an interview. “Top-quality pearls – be it Tahitian, South Sea or Akoya – have always been sought-after. Prices of goods in this category will continue to be strong,” said Johnny Cheng, president of the Tahitian Pearl Association Hong Kong (TPAHK) and managing director of Hong Kong-based Rio Pearl.