News
JEWELLERY: Demand for gold jewellery up in SA, but imports favoured
- Date: 28-06-19
- Category: JEWELLERY
- Source: Mining Weekly
The popularity of gold jewellery globally and locally has held steady, with demand increasing in South Africa, owing to the increase in middle-class spend, says the local jewellery industry custodian Jewellery Council of South Africa chairperson Chris van Rensburg.
View full storyJEWELLERY: Hong Kong Jewellery Industry Mature Market Report
- Date: 24-06-19
- Category: JEWELLERY
- Source: 0755zb.com
The size of the Hong Kong jewelry market is over 60 billion, and mainland tourists account for about half of the total. The Hong Kong jewelry market maintained a growth rate of more than 8% before 2013. Since 2014, it has experienced a large negative growth and resumed its growth trend after 2017. In terms of category structure, Hong Kong has a larger proportion of inlaid jewellery. The industry is gradually increasing the share and variety of gem-set jewellery products, from the low gross...
View full storyJEWELLERY: PGI Releases Q1 2019 Platinum Jewellery Business Review
- Date: 13-06-19
- Category: JEWELLERY
- Source: PGI
Hong Kong (13 June, 2019) – Platinum Guild International (PGI) releases Q1 2019 Platinum Jewellery Business Review (PJBR). According to the report, the platinum jewellery industry across key markets are becoming increasingly innovative and focusing on the bottom line. The fastest growing market continues to be India thanks to its business model allowing platinum to deliver higher margin than other jewellery categories.
View full storyJEWELLERY: Hong Kong's retail sales value fell 10.1% in February.
- Date: 02-04-19
- Category: JEWELLERY
- Source: Jewellery.org
According to the Hong Kong SAR Government News Network, the Statistics Department of the Hong Kong Special Administrative Region announced on April 1 that the value of total retail sales in February was estimated to be 40.7 billion yuan (HK$, the same below), down 10.1% year-on-year; Total retail sales in February fell 10.4%. However, the Hong Kong Government said that the employment of all people and the inbound tourism industry continued to grow, which is expected to bring support.
View full storyJEWELLERY: China's gold, silver and jewelry consumption increased by 4.4% year-on-year in January-February
- Date: 14-03-19
- Category: JEWELLERY
- Source: Jewellery.org
In January-February 2019, the total retail sales of consumer goods reached 660.64 billion yuan, a nominal increase of 8.2% year-on-year. Among them, the retail sales of consumer goods above designated size was 2,309.6 billion yuan, an increase of 3.5%.
View full storyJEWELLERY: Chow Tai Seng's 2018 net profit rose 36.16% to 806 million
- Date: 20-02-19
- Category: JEWELLERY
- Source: Chow Tai Seng
Chow Tai Seng (002867.SZ) released the 2018 annual performance report, achieving operating income of 4.87 billion yuan, an increase of 27.97%; operating profit of 1.026 billion yuan, an increase of 30.67%; total profit of 1.059 billion yuan, an increase of 34%, attributable to listed companies The net profit of shareholders was 806 million yuan, a year-on-year increase of 36.16%; the basic earnings per share was 1.68 yuan.
View full storyJEWELLERY; Platinum App sells platinum jewellery and bar at factory price to customers
- Date: 14-01-19
- Category: JEWELLERY
- Source: SZ News
“Platinum” APP is a platinum jewelry and bar sales platform developed by Shenzhen Jingxin Gold Co., Ltd., which adopts the “F2C” mode (F2C refers to Factory to customer, that is, from the manufacturer to The consumer's e-commerce model) serves consumers in a more convenient and affordable mode.
View full storyJEWELLERY: Chow Tai Fook: Jewelry business "dead sheep", financial business "reinforcement"
- Date: 02-01-19
- Category: JEWELLERY
- Source: 21 Gem
The downturn in the jewelry market has also affected Chow Tai Fook's performance. From 2014 to 2018, Chow Tai Fook's turnover fell from HK$77.41 billion to HK$59.16 billion, a decrease of 23.6%.
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