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
GJEPC Delegation Begins Poland Leg Of Eastern Europe Trade Mission
Delegation Explores Poland, Romania and Serbia Through Market Studies, Retailer Interactions and Strategic Business Outreach To Expand India’s Gem and Jewellery Export Opportunities.
GJEPC has launched its Eastern Europe trade delegation with an on-ground market study in Warsaw, Poland, as part of a broader outreach covering Poland, Romania and Serbia from 18 to 26 May 2026.
The initiative aims to strengthen India’s trade engagement with emerging Eastern European markets and create new opportunities for gem and jewellery exports through structured business meetings, networking events and direct trade interactions.
On the first day in Warsaw, the delegation conducted an intensive assessment of the local jewellery market, visiting leading retail destinations including ZÅ‚ote Tarasy commercial centre. The team studied major regional players such as Apart, which operates over 200 showrooms, along with Vezzi, Ami, Arenart and Pandora, each with sizeable retail footprints.
Delegates engaged directly with retailers, shop owners and managers to showcase Indian manufacturing capabilities and explore potential business collaborations. The study also examined sourcing models, import logistics and consumer demand patterns across gold, silver and diamond jewellery categories.
The delegation is designed to provide participating members with focused market exposure, business leads and deeper insights into the evolving jewellery landscape across Eastern Europe.
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BrandBuzz7 hours agoForevermark Diamond Jewellery Unveils Avaanti: A Celebration Of Life’s Never-Ending Symphony
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BrandBuzz10 hours agoDAIMANTÉ Strengthens Bridal Segment With Launch Of ‘Bridal Trousseau – Talisman Collection’
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International News9 hours agoGJEPC Delegation Begins Poland Leg Of Eastern Europe Trade Mission
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