(PRESS RELEASE) VICENZA, IT — Vicenzaoro September – The Jewellery Boutique Show has opened under the banner of 70 years of gold fairs in the city of Palladio. An event that, as the Minister for Enterprise and Made in Italy, Adolfo Urso, recalled in his message, Since 1954, the year of the first edition, has shown the world the mastery, innovation and creativity that distinguish the gold and jewellery industry, an increasingly acknowledged sector in the global context and one that promotes Italy’s image in the world, contributing to economic growth.
From today until Tuesday 10th, Italian Exhibition Group’s international show will be hosting 1,200 exhibiting brands with 40% from 35 foreign countries. Thanks to ITA – Italian Trade Agency and the Ministry of Foreign Affairs and International Cooperation’s incoming program, more than 450 buyers will be welcomed from 60 countries, mainly from the United States, the Emirates, China and Spain and France for Europe. The President of Italian Exhibition Group -IEG, Maurizio Ermeti , outlined the redevelopment plan for the Expo Centre: There are times when visions must become reality. This is the spirit with which we are inaugurating the September edition of the sector’s longest-running trade show: 1,200 exhibiting brands, 40% of which come from abroad, and a great ability to interpret proposals and trends. IEG believes in Vicenzaoro. And it is from the desire to assert itself as a leader in the quality of this industry at world level that the 60-million-euro investment project on the exhibition center is being developed. We have seized the challenges of the times to give a concrete basis to the future of the home of the jewellery industry, a core sector for made in Italy.
Participating in the opening ceremony of the show, hosted by Marino Smiderle, editor-in-chief of the Giornale di Vicenza, were IEG president Maurizio Ermeti, Veneto Regional Councillor for Economic Development, Roberto Marcato, Claudia Piaserico, President of Federorafi, Vicenza mayor, Giacomo Possamai, Matteo Zoppas, President of ITA, Fabrizio Lobasso, Deputy Director General for the Promotion of the Nation System and Central Director for Economic Internationalisation at the Ministry of Foreign Affairs and International Cooperation, and Andrea Nardin, President of Vicenza Province. Message from the Minister for Enterprise and Made in Italy, Adolfo Urso.
INTESA SANPAOLO: JEWELLERY COMPANIES, ONE IN THREE EXPECTS TURNOVER TO INCREASE IN 2024
A third of gold and jewellery companies expects to see an increase in turnover in 2024 (28% in the December survey). This is the snapshot that emerges from the sixth edition of the economic survey carried out by Club degli Orafi Italia and Intesa Sanpaolo among the Italian jewellery industry’s leading companies and presented on the opening day of Vicenzaoro. Evidence consistent with the change in the ISTAT turnover index, which, in the first half of the year, showed an increase of 4%, unlike the fashion system, which suffered a decrease of -8%. The outlook on investments is also positive according to 29% of those interviewed: more accommodating monetary policies and the progressive reduction in energy costs have dampened fears linked to the cost of debt and energy costs. The Intesa Sanpaolo survey includes the topic of sustainability in order to investigate the measures implemented by companies to promote ESG actions, ensure raw material traceability and improve the environmental and social impact of their activities. The most widespread practice is separate waste collection in almost all the sample (77% for manufacturing companies, 95% for commercial companies). Among manufacturing companies, attention to reducing packaging (59%) and hazardous materials (55%) is good and the presence of specific certifications is high (55%), the most widespread of which is RJC certification.
AUTUMN/WINTER 2024-25, THE FOUR TRENDS IN STORE WINDOWS
According to Trendvision Jewellery + Forecasting, jewellery trends for the coming autumn/winter season 2024-25 will run along the axis of time: between historical heritage and contemporary innovations. Consumers want to express individuality through unique and bold pieces. Hence, inspirations between vintage and avant-garde, which the IEG observatory identifies with four labels. A return to Boldness , driven by the revival of the vintage aesthetics of the 1970s and ‘80s with the use of smooth, rounded metals, from the iconic gas tube to polished gold spheres, accompanied by cabochons and semi-precious stones. Opulence and luxury come from the past, reminiscent of Victorian or even Georgian-era combinations: these are the main features of the X-Treme Décor trend. But jewellery is to all intents and purposes a language, along with tattoos, that people use to express personality and creativity. Superstyling is the trend that reflects what is happening in the workshops that the street and social media have now become. One example is the “ear party”, a diverse collection of earrings adorning the ear. From individualism to designer, Graphique celebrates elegant design through minimalist lines and lightweight materials. Distinctive signs such as spirals and V-shapes embody the designer’s creativity, transforming simplicity into versatile and timeless elegance.
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VO’CLOCK PRIVÉ, THREE DAYS OPEN TO A PUBLIC WITH A PASSION FOR TIMEPIECES
Alongside Vicenzaoro until Sunday 8th, VO’Clock Privé, IEG’s lounge dedicated to contemporary watchmaking in Hall 8.1, will be open to the public with free admission upon registration. Enthusiasts, experts and collectors will find the latest models from top brands and great craftsmen on display and an immersive experience in the universe of timepieces with leading experts in the sector.
