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US jewellery, watches sales up by 4.4 per cent year-on-year

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Sales of watches and jewelry in the US showed further signs of growth in December 2024, up 4.4 per cent year-on-year, according the latest figures from the US Department of Commerce. But there’s been a marked slowdown since the 10 per cent increases of last September and October.

November saw sales up by just 3.0 per cent, revised down from 5.8 per cent based on actual through-the-till transactions rather than estimates. October has been revised up from 9.7 per cent to 10.0 per cent.

The average monthly year-on-year growth for the full year is 5.4 per cent, so December was little below par. Having said that, it was the 15th consecutive month of growth after a long period (the end of 2022 and much of 2023) of falling sales.

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VICENZAORO Rewards Excellence:The VO Awards Will Be Back For The Second Edition

Entries Open Until 30 November For ICON, LOOK and CREATION Exhibitors. The Awards Ceremony Will Take Place At VOJ27.The Finalist Creations, Selected By A Jury Of Experts, Will Be On Display At VOJ27; The Media, Exhibitors and Buyers Will Also Cast Votes For The Winners.

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– Vicenzaoro’s official VO Awards will be back for their second edition to celebrate the craftsmanship, manufacturing expertise, drive for innovation and commitment to sustainability of exhibitors at Italian Exhibition Group’s international event, a leading reference for the gold, jewellery and watchmaking sector for over 70 years.
Entries are already open. Bands from the ICON, LOOK and CREATION communities can place their entries up until 30th November by completing the relevant product form and submitting the required materials. The winners will be announced during the awards ceremony on the evening of Sunday 17th January at Vicenzaoro January (15–19 January 2027).

The VO Awards were established with the aim of giving Vicenzaoro exhibitors an exclusive platform at the January edition, the first event on the industry’s global calendar, on which to display their creations: jewellery that embodies excellence and points the way forward for the industry and the market, a factor that sets the offer and spirit of this international benchmark jewellery show apart.

Matteo Farsura said:

“As part of the Vicenzaoro ecosystem the VO Awards enhance manufacturing excellence, the care taken in selecting materials, the capacity for innovation and a sustainable approach. An original initiative designed to strengthen our community and consolidate the trade show’s role as a hub where tradition, innovation, craftsmanship, talent, art and industry converge, creating value through relationships across the entire supply chain.”

THE VO AWARDS CATEGORIES
Ten competition categories represent the various aspects of gold, jewellery and silver manufacturing, in keeping with the Vicenzaoro – The Jewellery Boutique Show format, which divides the exhibition offer into thematic communities based on brand identity, positioning and communication style.

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