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VICENZAORO Announces Highlights of Its September 2016 Show in Vicenza

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(Press Release)
Vicenza, Italy – VICENZAORO announces that its five-day September 2016 show, which concluded Sept. 7, provided attendees with a strategic opportunity to monitor trends in the world market during a particularly complex period for the global business. As always, it was a valuable precursor for the end-of-the-year holiday period, when the highest number of sales is traditionally recorded.

With its September event, Fiera di Vicenza was again able to show the leading players of the high-end jewellery market the unique exhibition format of VICENZAORO The Boutique Show. It is a modern and elegant layout that provided clarity and simple navigation through the halls, with currently five communities of exhibitors (becoming six at the January fair), organized according to the markets each serves – ICON, LOOK, CREATION, EXPRESSION, and ESSENCE. Once again the innovative layout generated positive feedback for its ability to boost the number of relevant business meetings conducted by attendees, and for assisting buyers to accurately target the most appropriate exhibitors, with the help of digital tools, such as the VICENZAORO app.

Buyers and trade professionals from 115 different countries were exposed to the most on-trend collections of gold and jewellery, showcased by 1,300 brands from all of Italy’s gold districts (Vicenza, Valenza, Arezzo, Milan, Naples, and Caserta), as well as 35 other countries.

The international character of VICENZAORO September was underscored by the fact that 37% of the exhibitors came from outside of the coutry. At the same time, their local counterparts epitomised the very best of Made in Italy, in all product ranges, sealing VICENZAORO’s status as the only genuine jewellery trade show for national excellence. The importance of the event as a preferred sales platform was illustrated by the fact that the 2016 edition of the VICENZAORO show fully sold out all of its available exhibition space.

More than 19,000 visitors attended VICENZAORO September 2016, with some 40% of trade visitors coming from outside Italy. International attendance was about the same as during the September 2015 show, although there was a slight drop in national attendance.

Participation by North American, Central American and South American buyers was strong, while the participation of trade professionals from European Union countries was mixed. Attendance by buyers from Germany, France and Spain was slightly down, while attendance from Great Britain, Greece, Norway, Denmark and Holland increased.

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There was positive growth in attendance by visitors from Central and Eastern Europe – especially Poland, Hungary, the Czech Republic, Slovakia, Bosnia-Herzegovina and Kazakhstan – although there was definite downward trend with Russian traders, who fell both in terms of attendance and purchasing power.

The Gulf region and surrounding states saw a sharp fall in attendance, confirming trends in their domestic markets, which generally are not positive. But from the Middle East the growth in Israeli participants was notable.

Turkey is experiencing a difficult period with a significant fall in trade presence. The performance of China was good, while attendance from Hong Kong was down. Regarding other Asian buyers, attendance from India was stable, while there was growth in attendance from Thailand.

The results of the event should be seen in the context of the complex international gold and jewellery market. During the first six months of 2016, demand for gold in the jewellery industry fell by of 28%, compared to the same period in 2015. There have been falls turnover in certain key markets, including India (-54%), China (-26%), Russia (-25%) and the UAE (-18%). In contrast, turnover in the USA (+11%), UK (+4%) and Germany (+3%) increased.

Turnover by Italian the gold industry, which stood at 7.2 billion euro in 2015, grew by 9% during the period January-March 2016. However, against the backdrop of the fall in global demand, exports of Made in Italy jewellery fell by 3.6% during the first quarter of the year, compared to the same period in 2015.

But in spite of the worrying situation, VICENZAORO September’s growth was steady, when compared to the event last autumn, confirming its leading position in the trade, and substantially bucking the general trend internationally.

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Said Matteo Marzotto, President of Fiera di Vicenza: “VICENZAORO has again proven that it is a business platform that works for the whole national and international supply line, stimulating the market during a period that is not particularly rosy internationally. The added value of our event lies in its ability to provide useful and relevant services, content, information and in-depth research, which raise the awareness of all exhibitors and visitors about developments in the industry. By serving as platform for knowledge and expertise in the jewellery trade, VICENZAORO will remain recognised as leading world player. Fiera di Vicenza will continue to face global challenges efficiently and with strategic vision, offering trade fair products of undisputed excellence.”

New features at VICENZAORO September 2016, included NOW – Not Ordinary Watches, a new area dedicated to the world of watches. Set inside the ICON section, the community for Global Brands in the Jewellery trade, it showcased a selection of cutting-edge, designer watch brands, made in Italy and Europe.

During the opening press conference of VICENZAORO September 2016, the dates were announced for the next edition of VICENZAORO Dubai, which will be held in the United Arab Emirates, Nov. 15-18, 2017, with an innovative format that will be presented at VICENZAORO January 2017.

One of the most important events was the presentation of TRENDBOOK 2018+, a guide to trends in the jewellery, watch and diamond industries 18 months into the future, presented by TRENDVISION Jewellery+Forecasting, Fiera di Vicenza’s independent think tank. Now in its 15th edition, the publication presents style and product directions in international design, corresponding to the most current consumer profiles. It forecasts fashions that will influence the design, production and distribution of jewellery from 2018 onwards.

The official opening of VICENZAORO September featured an on-stage discussion, where the guest of honour was the Rt. Hon. Ivan Scalfarotto, Undersecretary of State at the Italian Ministry of Economic Development. In focus was the role of the Italian trade fair system in supporting the internationalisation of business. Mr. Scalfarotto was joined by Matteo Marzotto, President of Fiera di Vicenza, and Lorenzo Cagnoni, President of Rimini Fiera, who also reported on merger talks between the two companies, which has been announced earlier.

This was followed by the awards ceremony of the NEXT JENERATION – JEWELLERY TALENT CONTEST 2016. Candidates had been asked to submit designs on the subject of “Jewellery and Journeys.” The contest, which is exclusively for young designers under the age of 30, is organized by Fiera di Vicenza together with the School of Design of the Polytechnic University of Milan, in collaboration with some of the world’s most important design schools. It is a strategic project, for it serves VICENZAORO by scouting the international scene and promoting the new Millennial designers, who will be dictating the trends over the coming years.

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Simultaneously, the works of the 25 finalists in the Next Jeneration Jewellery Talent Contest 2016 were on display at an exhibition entitled “Il Gioiello e il Viaggio – Jewellery and Journeys,” at the Jewellery Museum in Vicenza, organized by Fiera di Vicenza and curated by Professor Alba Cappellieri, the head of School of Design of the Polytechnic University of Milan. It will remain open until January 2017. The jewellery pieces, created from the finalists’ designs were crafted by member companies of the Women Jewelry Association Italy.

This edition of VICENZAORO also placed under the spotlight new jewellery consumers, at a seminar organized by Fiera di Vicenza and CIBJO, the World Jewelllery Confederation, entitled: “Marketing to the Millennials. Meeting the Expectations of the Next Great Consumer Generation.”

Another important seminar held during the show was entitled “Transparent as a diamond. Elegance and business.” It was organized by Federpreziosi Confcommercio and IGI – the Italian Gemmological Institute, with the support of Fiera di Vicenza. It was dedicated to ethics and Corporate Social Responsibility, subjects that are always at the core of Fiera di Vicenza’s business mission.

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GJEPC Announces Special Rate Benefits for IIJS Signature 2020 & IIJS Premiere 2020 for Exhibitors

This is to promote exports of diamond jewelry and gold jewelry from India.

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(PRESS RELEASE) MUMBAI — The Gem & Jewelry Export Promotion Council (GJEPC) has announced a series of measures to promote exports of diamond jewelry and gold jewelry from India. One of the latest being the special rate benefits for IIJS Signature 2020 & IIJS Premiere 2020 for exhibitors.

IIJS Signature 2020 & IIJS Premiere 2020 – In view of the current precarious state of the gem & jewelry industry, GJEPC has announced Rate Benefit to IIJS Signature and IIJS Premiere Participants as follows: Ordinary & Ordinary+ MSME Members: 15%; MSME Members: 10%; Associate Members: 5%. To avail this exclusive benefit, application with 50% advance for IIJS Signature 2020 and 10% Advance for IIJS Premiere 2020 should be applied by 20th November 2019.

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Mr. Pramod Kumar Agrawal, chairman, GJEPC, said, “Globally, there’s a low demand for gems and jewelry. There are other factors that have affected the business domestically including the rise in import duty of gold. Our move to give rate benefits to exhibitors of IIJS Signature and IIJS Premiere is with the aim to give relief to our member exporters as this industry has been resilient to such situations in the past. This time at IIJS Signature 2020, we are adding a new Hall for Machinery and 100 New Stalls for Jewelry to accommodate participants in waitlist of last year. Special Buyer Promotion Program will create personalized and better experience to visitors. GJEPC will conduct Roadshows / Door to Door, in 100 plus cities. It will facilitate International connect in important countries to grow exports.”

Mr. Colin Shah, vice chairman, GJEPC Said, “Our vision is to grow India’s gem and jewelry exports to USD 75 billion and create additional 2 million employment in the sector by 2025. Over the last couple of years, the industry has been facing challenges which has resulted in decline in exports. GJEPC has been taking initiatives to address this situation and we have joined hands with Diamond Producers Association (DPA) and contributing rupees 14.2 crores towards DPA-led promotion of diamond jewelry in USA, China and India. We have also allocated rupees 5 crores for the promotion of gold jewelry in the Middle East market. GJEPC has been undertaking a series of initiatives for the sustainable development of the industry. Setting up Common Facility Centers (CFCs), Jewelry Parks, gem & jewelry institutes and promotional activities would help the industry to get back on a growth trajectory. GJEPC has started an employee health insurance scheme called Swasthya Ratna. The total number of lives covered till date are 5,21,659 under Swasthya Ratna. We have also launched Parichay Card for the benefit of the workers and so far we have received requests for 2,60,950 Parichay Cards from craftsmen and workers from the gem & jewelry sector. Parichay card holders would be eligible for various benefits and schemes offered by GJEPC.”

GJEPC has announced the dates for the 13th Edition IIJS Signature 2020. The show will be held in Mumbai’s Bombay Exhibition Centre (Goregaon) from 13th–to-16th February 2020. IIJS Signature, sees participation from over 700+ exhibitors. The focus is on product – jewelry of the highest standards of design, craftsmanship and finish. Just what you need to revitalize your inventory for the coming year. The show is compact enough to fully explore sourcing opportunities and, with a large number of new participants, it is the ideal platform to develop additional contacts.

Mr. Mansukh Kothari, convener-National Exhibitions Sub-Committee, GJEPC Said, “Our aim is to make IIJS amongst the top gem and jewelry shows in the world. Every year, based on the feedback from the buyers and exhibitors, we have been making the show better each year by adding new features and facilities. IIJS Premiere sees participation from over 1,300 exhibitors with 40,000 plus visitors from across cities pan India and 80 countries. IIJS today is reckoned as one of the world’s most preferred Gem and Jewelry Show by the gem and jewelry trade fraternity. Over 8,000 visitors have already pre-registered to participate in this event. The show is also available with navigation on the GJEPC App. I hope the rate benefits would be a relief to our members in this tough time.”

“For ease of retailers – Online visitor registration is open with special rate benefits in early registrations + multi show registration facilities (one show, 2 and 5 shows),” added Mansukh Kothari.

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CPAA Announces U.S. Finalists in 10th Annual IPDC

Winners will be announced on Thursday, Oct. 31.

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(PRESS RELEASE) NEW YORK — The Cultured Pearl Association of America (CPAA) announces the finalists in the U.S. division of the 10th Annual International Pearl Design Competition (IPDC). Thirty-eight submissions were narrowed down to eighteen finalists after judges viewed images of all entries. The judges are Jean Francois Bibet, workshop and production director at Cartier; Nancy Schuring, owner of Devon Fine Jewelry (whose store will show and offer for sale the winning entries and the finalists of Schuring’s choice); Michelle Graff, editor in chief of NationalJeweler.com; and Hector Hassey, jewelry designer of his own same-name firm.

Finalists in the U.S. division are as follows. Winners will be announced on Thursday, Oct. 31, following a day of judging live pieces.

Chrysanthemum Fold Black Pearl earrings by Karin Jacobson

Pearl Empress earrings by Deborah Meyers of Deborah Meyers Experience

Black Diamond and Pearl earrings by Timo Krapf of TBK Jewelry

Polka Dots cuff by Alishan Halebian of Alishan

Glamorous Keshi Swing earrings by Dilly Kirby of Elizabeth Blair Fine Pearls

Mandala ring by Paul Klecka of Paul Klecka Inspired Design

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Esther ring by Polly Baumgartner

Lydia Lighthouse Beacon ring by Lika Behar of Lika Behar Jewelry

Chimera pendant necklace by Brenda Smith of Brenda Smith Jewelry

Golden pearl strand with Wavy O interchangeable clasp by Llyn Strong of Llyn Strong Jewelry

The Kiss of the Spider Woman necklace by Martina Buck of Haute Metal

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Power of Pearl pendant by Kelly Charveaux of Scottsdale Bead Supply and Charveaux

South Sea Pearl Paisley ring by Assael

South Sea Pearl Fan earrings by Assael

Ocean Diva necklace by Jennifer Pusenkoff of Jennifer Pusenkoff Jewelry

Rocking Love ring by Jennifer Pusenkoff of Jennifer Pusenkoff Jewelry

Rocking Dandy lapel pin by Jennifer Pusenkoff of Jennifer Pusenkoff Jewelry

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GIA Commits $1.3M to Artisanal Mining Education Project

It’s a four-year commitment.

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(PRESS RELEASE) CARLSBAD, CA – Building on a successful pilot and feedback from small-scale colored gemstone miners in Tanzania, GIA (Gemological Institute of America) will expand distribution of its innovative gem guide for artisanal miners to other communities and countries in Africa. Speaking at the ICA Congress in Bangkok on Oct. 15, GIA President and CEO Susan Jacques announced a four-year, $1.3 million commitment, funded from the GIA endowment, to expand the program in Tanzania to Madagascar, Nigeria, Rwanda and Zambia. Working withPact, a Washington D.C.-based international development nonprofit organization with expertise in the region, GIA plans to reach 10,000 miners with relevant information on how to evaluate the quality of the rough they mine.

“This is a tremendous step forward in our efforts to bring information directly to artisanal miners right at the beginning of the gem and jewelry supply chain,” said Jacques. “We know that this investment will bring an invaluable benefit to miners, their families and the communities in which they live.”

Robert Weldon, GIA director of the Richard T. Liddicoat Library and Information Center, pictured with an artisanal miner from Tunduru, Tanzania.

The gem guide project began shortly after GIA Distinguished Research Fellow Dr. James Shigley saw the difficult working conditions of artisanal miners during a 2008 trip to Kenya and Tanzania. Dr. Shigley and Dona Dirlam, then-director of the GIA library, working with GIA research and library staff, created the booklet, “Selecting Gem Rough: A Guide for Artisanal Miners.” First developed in English and later translated into Swahili, the photo-rich booklet has images of the gemstones found in East Africa and illustrations of how to examine and evaluate rough gems. The booklet is waterproof and comes with a durable plastic tray that can be used to sort gems and do basic gemological evaluations. GIA piloted the program in 2016, working with Pact.

“We found that for every dollar invested, there was a 12-fold social return that will last years into the future,” said Cristina M. Villegas, technical program manager for Pact’s Mines to Markets program. “With their new knowledge, miners improve their income, send their children to school, invest in their mines and their communities.”

GIA staff, including Robert Weldon, current director of the Richard T. Liddicoat Gemological Library and Information Center at GIA and a major contributor to the development and content of the guide, trained more than 1,000 artisanal miners on how to use the guide and tray during a two-week period earlier this year in Tanzania. GIA’s initial efforts to provide information to small scale, artisanal miners came full circle when the GIA team visited the Tanzanian Association of Women Miners (TAWOMA), who participated in the very first training session for the guide.

“There is nothing more rewarding than seeing the reaction of the miners as they learn the material – you instantly see that you’ve positively made a change in someone’s life,” said Weldon. “These transcendent moments make us so proud that we can provide artisanal miners with a gem guide that gives them the confidence to know their value in the market.”

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