International News
US jewellery, watches sales up by 4.4 per cent year-on-year
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.
International News
SIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
The Largest Edition In The Expo’s History Will Coincide With The Inaugural Singapore Diamond & Jewellery Week From 9–15 July 2026.
Singapore International Jewellery Expo (SIJE) 2026 is set to stage its largest-ever edition, bringing together more than 450 brands and exhibitors from 26 countries across 10,000 square metres at Marina Bay Sands from 9 to 12 July 2026.
The event will be officially inaugurated by Alvin Tan, Minister of State for the Ministry of Trade & Industry and the Ministry of National Development, Singapore, and is expected to attract around 18,000 trade buyers and consumers over four days.
A major highlight of this year’s edition is Singapore hosting the 41st World Diamond Congress for the first time since 1988, marking the prestigious event’s return to the city-state after 38 years. The Congress, scheduled from 12 to 15 July at PARKROYAL COLLECTION Marina Bay, will bring together global leaders from across the diamond value chain, including miners, manufacturers, traders, retailers and industry associations.
SIJE 2026 also forms one of the two pillars of the inaugural Singapore Diamond & Jewellery Week (SDJW), a week-long celebration running from 9 to 15 July 2026 that will feature retail experiences, industry events, promotions and international showcases across the island nation.
Despite ongoing global economic uncertainties, SIJE 2026 has recorded its strongest international participation to date, underlining confidence in Singapore’s position as a trusted hub for jewellery, luxury retail, gemstones and high-value trade.
The exhibition will feature prominent country pavilions and exhibitors from Italy, Hong Kong and Uzbekistan, alongside leading jewellers, gemstone dealers, luxury watchmakers, designers and manufacturers from around the world.
One of the unique attractions this year will be the display of a replica of the historic Crown of Carlo di Borbone at the Diamond Exchange of Singapore (DES) Pavilion. The crown, originally created in the 18th century for Charles III of Spain, has been reconstructed from historical records and is linked to the legendary “Perfect Colour of Violet” diamond
Organised by Italian Exhibition Group (IEG) Asia, SIJE continues to strengthen Singapore’s role as a gateway to the rapidly expanding markets of Southeast Asia and the Asia-Pacific region.
Industry observers note that the scale of SIJE 2026, coupled with the return of the World Diamond Congress, reflects growing momentum in the regional luxury market and reinforces Singapore’s standing as one of the world’s most important centres for jewellery trade, craftsmanship, innovation and international business exchange.
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SIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
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International News4 hours agoSIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
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National News4 hours agoMCX Gold, Silver Move North On June US Employment Report
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BrandBuzz2 hours agoMia By Tanishq and Lakmé Join Hands To Celebrate Everyday Style and Self-Expression
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