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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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The Next Generation Metal In Jewelry Collections Yuliya Kutovaya Jewelry

A Rare Fusion Of Eastern Heritage and Cutting-Edge Metallurgy, The Lagan Osmium Collection Redefines Contemporary Jewelry Design

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Jewelry designer Yuliya Kutovaya presents the new Lagan Osmium collection, created in collaboration with the Osmium Institute. The collection embodies a contemporary approach to design, merging tradition with innovation.

At the core of the concept lies the aesthetic of traditional Eastern culture combined with the uniqueness of osmium as an innovative jewelry material.

Yuliya Kutovaya Said:

“The idea for the collection originated from the image of the Uzbek lagan — a round, decorated serving plate traditionally placed at the center of the table, around which guests gather. In my imagination, I sought to unite this symbol of Eastern hospitality with a material that represents something truly unique and captivating. Osmium became a metaphor for the central element around which form and ornament are built.”

Crystalline osmium is an innovative platinum group metal — the rarest and densest precious metal in the world. It is highly resistant to external influences, and its natural structure does not require cutting.

The Lagan Osmium pieces are adorned with the refined vegetal “Islimi” pattern — a traditional Eastern ornament commonly found in wood carving. The tactile relief of the jewelry conveys the sensation of natural surfaces, while the contemporary interpretation of the ornament reflects the artistic heritage of Uzbekistan.

The design allows for transformation: the central osmium element can be easily removed.

The collection already has its own story. Last year, Yuliya Kutovaya presented her design at the Osmium Visionary Contest in Germany and subsequently continued her creative collaboration with the Osmium Institute. The collection will be showcased in May at the international exhibition GemGenève in Switzerland.

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