Connect with us

Press Releases

OROAREZZO 2019 Closes Under the Banner of Synergies Between Trade Shows

The single jewelry platform is essential for the Italian gold and jewelry industry.

mm

Published

on

(PRESS RELEASE)AREZZO – OROAREZZO, the show managed by Italian Exhibition Group at Arezzo Fiere e Congressi, came to a close with significant stability, yet more symbolic in light of a difficult market.

“We have obtained positive results,” explained Ugo Ravanelli, CEO of Italian Exhibition Group, “thanks to the considerable effort made to achieve a single management for jewelry trade shows, which has strengthened the role of the platform IEG aimed for. A management that, at Arezzo, was clearly demonstrated in all its efficiency and which was substantially based on four mainstays: bringing the dates forward according to market strategies, investing, focusing on positioning and developing buyer incoming from abroad.”

Video: 3 Millennial Couples Reveal Their True Thoughts On Lab-Grown Diamonds
Headlines

Video: 3 Millennial Couples Reveal Their True Thoughts On Lab-Grown Diamonds

Video: How to Turn Prospects Into Paying Jewelry Customers
Jim Ackerman

Video: How to Turn Prospects Into Paying Jewelry Customers

Video: Gene the Jeweler Explains How to Fire People
Gene the Jeweler

Video: Gene the Jeweler Explains How to Fire People

Thanks to this work, from 6th to 9th April, OROAREZZO grouped together and promoted the very best of Made in Italy gold and jewelry on an international scale. The expected figures were confirmed: over 450 guest buyers, traders from emerging and traditional markets, in attendance from 60 different countries due to the support of MISE (Italian Ministry of Economic Development) and ICE (Italian Trade Agency) as well as 500 exhibiting companies representing the best of Made in Italy jewelry production.

The Show’s positioning, increasingly more transparent and defined both in terms of offer, which focuses on Italian manufacture, and on demand, which embraces countries from all over the world, received much appreciation.

The inflow from leading markets was good: first of all from the Middle East (with the United Arab Emirates, Saudi Arabia and Lebanon) but also from the USA, while Hong Kong, Germany and Spain remained stable.

Business activities during the Show reflected the sector’s export trends highlighting, in fact, the United Arab Emirates in first place in the ranking of main outlet countries, especially for Arezzo jewelry production, with an increase in exports to Hong Kong (+4.2%) and US demand remaining stable.

Advertisement

Due to IEG’s efforts, the event provided the chance to weigh up the Italian jewelry industry’s situation in the presence of all the sector’s interlocutors; from MISE – whose participation was further enhanced by the attendance of Prof. Michele Geraci, Undersecretary of State for Economic Development,– to company representatives.

Confindustria Federorafi, Confartigianato, CNA and Confimi Industria, representing the entire Italian gold and jewelry manufacturing industry, formally asked the Government for more public investment in order to strengthen the leadership of Italian trade shows.

Also much appreciated was the change of date for this 40th edition of the show, brought forward to better balance out the jewelry show calendar and to avoid overlapping with religious festivities (Easter, Passover, Ramadan).

This decision made it easier for exhibitors and buyers from target markets to attend. Buyer services were also extended so that the buyers could organize their business activities more efficiently. They also particularly appreciated the chance to enjoy the city tour program.

Integrating the business service offer with the participation and promotion of the territory confirmed the distinctive trade show model that IEG is intent on encouraging. The value of the trade show event, not only for the jewelry sector but for the entire local hosting system, was highlighted in relations with the city, in the organization of concurrent events and by local businesses remaining open during the show weekend.

The single platform’s coming gold and jewelry events managed by Italian Exhibition Group will be in Vicenza, with Vicenzaoro September from 7th to 11th September and once more in Arezzo from 26th to 28th October with Gold Italy.

Advertisement

Advertisement

SPONSORED VIDEO

Gene the Jeweler

Gene the Jeweler Explains How to Fire People

In this episode of Jimmy DeGroot’s "Gene the Jeweler", Gene talks about how to fire people when necessary. He admits that confrontation is not his strong suit. His suggestion: Maybe being passive-aggressive for years on end will work?

Promoted Headlines

Press Releases

Ritani Launches Groundbreaking “Virtual Shelf” Technology

It is to give independent jewelers immediate digital access to over 250,000 diamonds and jewelry pieces.

mm

Published

on

(PRESS RELEASE) NEW YORK, NY — Ritani, the vertically-integrated, technology-minded jewelry company has announced the launch of Virtual Shelf, a groundbreaking, white-label application and sales vehicle for retailers that reimagines how jewelers sell and customers shop for engagement rings, diamonds, and jewelry. Virtual Shelf tackles some of the industry’s toughest challenges – such as limited physical inventory and the high costs of managing transactions and technological innovations – by providing a digital inventory of over 250,000 diamonds and jewelry items along with full-service sales processing.

Podcast: Would Your Customer Drive Hundreds of Miles for a Lab-Created Diamond?
JimmyCast

Podcast: Would Your Customer Drive Hundreds of Miles for a Lab-Created Diamond?

Podcast: Luxury Retailer Nick Linca Drops Into ‘The Barb Wire’
The Barb Wire

Podcast: Luxury Retailer Nick Linca Drops Into ‘The Barb Wire’

Podcast: When Is It Time to Let an Underperforming Employee Go?
JimmyCast

Podcast: When Is It Time to Let an Underperforming Employee Go?

The new platform takes life in the form of a user-friendly, jeweler branded iPad app that is used over the counter during the sales consultation. Virtual Shelf is designed to complement each retailer’s existing inventory by making available a digital inventory of hundreds of thousands of diamonds and jewelry items available for immediate purchasing. Should the customer choose to purchase a diamond or jewelry item from the Virtual Shelf, the retailer sets their margin and Ritani handles the entire back-end transaction for the jeweler, including fulfillment, credit card processing, fraud risk, and returns. In turn, the retailer immediately sees the transaction on their books. The customer receives the item quickly and safely via insured shipping.

In addition to the incredible selection of diamonds and jewelry made available by Ritani with Virtual Shelf, the program can also be used as a platform for jewelers to list and sell their own inventory of certified diamonds and jewelry to other program partner retailers; diamond owners can set cost/list prices and margins to better manage their inventory flow.

“The development of Virtual Shelf builds on Ritani’s steadfast dedication to helping independent jewelers implement new technologies to accelerate business,” said Josh Marion, general manager of Virtual Shelf by Ritani. “This platform stems from years of working closely with independent retailers and seeking to solve for the critical issues affecting their businesses; we believe it will have a visible and transformative impact.”

“While the industry has often been slow to implement new technology, the introduction of Ritani’s Virtual Shelf platform is a game-changer for independent jewelers like Padis and for our customers.” said Alexis Padis, president of Padis Jewelry, one of five stores in North America currently testing the system in its stores. “This app dramatically improves the sales process for our team, removes the overhead and headaches of managing the transaction, and gives customers access to more diamonds and jewelry from a centralized, nationwide repository. Plus, we are empowered to better manage our owned inventory and offer it to other jewelers on the platform so we can collectively better serve shoppers around the country.”

Ritani research has found that nearly two-thirds of people who enter a jewelry store looking for a diamond leave without making a purchase, most often due to higher prices and a limited in-store selection. By providing these small businesses with turnkey, digital access to an immediate inventory of certified, conflict-free diamonds and jewelry, Virtual Shelf empowers trusted community jewelers to offer the vast selection, competitive pricing, and modern service that was previously only available through online companies. Further, the partnership reaffirms Ritani’s significant investment in helping community jewelers grow their business using highly-coveted technological and educational tools that are typically cost-prohibitive.

Ritani will debut Virtual Shelf at the upcoming JCK Show in Las Vegas, interested retailers can learn more about the program and sign up for a one-on-one demonstration at www.virtualshelf.io.

Continue Reading

Press Releases

Rahaminov Diamonds Trademarks Movál

It’s recognized for its modified, elongated oval shape.

mm

Published

on

(PRESS RELEASE) LOS ANGELES – Rahaminov Diamonds has announced it has been awarded the trademark to its signature Movál diamond by the United States Patent and Trademark Office. Recognized for its modified, elongated oval shape and cut to specific proportions to maximize the stone’s beauty, life and brilliance, Movál has quickly become a highly requested mainstay in Rahaminov’s collection. The specialty cut diamond possesses many characteristics of a timeless marquise cut, with the soft curves of an oval. Each diamond is sculpted based on the unique features of the rough; no two Movál diamonds are alike, making each piece of jewelry one of a kind.

“For many of our retailers, Movál has become synonymous with our brand,” explained Melanie Goldfiner, Rahaminov’s director of brand development. “As a result, we felt our next step was to ensure our legal standing of the trademark to avoid future potential infringement.”

Movál was introduced into Rahaminov’s collection in 2016, with new pieces being introduced annually. The brand will showcase a new array of Movál pieces at their upcoming exhibit at LUXURY and JCK in Salon 622. For more information, or to schedule an appointment, please contact Melanie Goldfiner at Melanie@rahaminov.com.

Continue Reading

Press Releases

Uneek Designer Benjamin Javaheri Wins 4 New Awards

The new awards round up the 21st industry accolade for Uneek Jewelry.

mm

Published

on

(PRESS RELEASE) LOS ANGELES – Uneek Jewelry’s Founder & Designer, Benjamin Javaheri continues his remarkable winning streak as INSTORE Design Awards recognizes his artistry and creativity with 4 new accolades.

The new awards round up the 21st industry accolade for Uneek Jewelry. “I feel blessed! It’s quite an experience having the industry notice my work. It’s both encouraging and inspiring for all of us here at Uneek! This fuels our passion to continuously do more, push beyond limits and take on technical challenges to innovate and create aesthetically pleasing, heirloom-worthy jewelry pieces”, says Javaheri.


The roster is top billed by the ring Benjamin calls “Le Pur Et Simple” which is a true beauty in its simple, uncomplicated and unpretentious details. It receives First in the Engagement/Wedding Jewelry Over $5,000 Category. The Engagement Ring features French-pave split shank 18k white gold setting with a 5-carat certified cushion-cut white diamond center from the company’s popular Signature Collection.


The Retailers’ Choice Award for the Colored Stone Over $10,000 Category goes to “The Rio Elbaite Necklace”. The 18k White Gold Pendant Necklace is a tribute to its Brazilian heritage for its Indicolite Tourmaline Center and the celebration that is, El Grande Brasil! A spectrum of greens and blues make the 9ct. center dance to its own tune dazzled by the kite and shield-shaped diamonds.


And last but not the least, two awards are bestowed on “The Jaxson Bleu Ring” which garners both The Retailers’ Choice Award for Platinum Category and Third in Platinum Jewelry Category. This one-of-a-kind Sapphire and Diamond Platinum Piece is a celebration ring too close to home, a design inspired by the birth of Benjamin’s first son. The ring features an 8 carat Royal Blue Oval Sapphire perched atop 4.54 cttw. oval diamond eternity band. The oval diamonds appear like floating ovals on the finger and are intentionally comfortable and low profile due to its buttercup setting.

See these award-winning pieces and other outstanding UNEEK designs on display at salon LUX1221 of the Luxury/JCK Shows, May 29th to June 3rd.

For more information and other styles from Uneek’s Fine Jewelry Collection, please e‐ mail info@uneekjewelry.com or call (1‐888) BE‐UNEEK.

Continue Reading

Advertisement

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Latest Classifieds

Most Popular