International News
US Watch and jewelry sales remain steady in March, overall increase of 0.4 percent
US Watch and jewelry sales remained steady in March, with a slight overall increase of 0.4 per cent, according to the latest US Department of Commerce figures. Jewelry sales rose slightly, while
Watch and jewelry sales in the US remained steady in March, with a slight overall increase of 0.4 per cent, according to the latest US Department of Commerce figures. Jewelry sales rose slightly, while watch sales dipped, as consumers opted for higher-priced items, but bought fewer of them.
In February overall sales increased by just 0.2 per cent and in January they fell by 1.0 per cent
The US government’s BEA (Bureau of Economic Analysis) reported a 0.7 per cent increase in consumer spending in March, the biggest increase for two years, but said it was largely driven by a rush to buy cars before US reciprocal tariffs forced prices up.
Watch and jewelry sales have been characterized by very modest increases in recent months, following on from a year of sustained growth – 10 per cent or more in some months – as shown below.
Reciprocal US tariffs – announced in April, then paused until July – will almost certainly hit sales, as producers forced to either absorb the costs or pass them on to consumers.
International News
GJEPC India Pavilion at WJSME 2026 showcases India’s jewellery mfg.and design capabilities
For Indian exhibitors, the Sharjah show provides an opportunity to engage buyers from the UAE and wider Middle East.
The India Pavilion organised by GJEPC made a strong opening at the 58th Watch & Jewellery Show Middle East 2026, being held at Expo Centre Sharjah from 30 September to 4 October.
Dr. Emmadi Vishnu Vardhan Reddy, Consul General of India, Dubai, visited the GJEPC-curated India Pavilion on the opening day. He was received by Antarpal Singh Sawhney, Regional Chairman – North, GJEPC, and Ashish Sakhardande, Head – India Jewellery Exposition Centre (IJEX), Dubai.
During his visit, Dr. Reddy interacted with participating exporters and viewed the jewellery and products on display. He appreciated the craftsmanship and design innovation represented at the Pavilion and highlighted the importance of exploring emerging markets and strengthening India’s global footprint in the gems and jewellery sector.
Bringing together 11 Indian exhibitors, the India Pavilion presents a cross-section of India’s jewellery manufacturing and design capabilities, with products spanning diamond jewellery, fine gold jewellery, silver jewellery, coloured gemstones, pearls, watches, and display and packaging solutions.
The participating exhibitors are Omega Jewellery, Core Jewellery Pvt. Ltd., Peacemoon Traders, Exclusive Diamond Jewellery Pvt. Ltd., Teyana Jewels LLP, Sejal Exports (India), Veekay Diamants, Harshwardhan Gems Pvt. Ltd., Sherly Jewels Pvt. Ltd., Rajesh Gems and Arina Jewellery LLP.
The Watch & Jewellery Show Middle East 2026 is expected to attract more than 66,000 visitors, including over 1,000 trade visitors from 52 countries. International participation includes Bahrain, China, Egypt, France, Japan, Kuwait, Lebanon, Pakistan, Poland, Qatar, Russia, Saudi Arabia, Sri Lanka, Türkiye, the UAE, the UK, the US and Yemen.
For Indian exhibitors, the Sharjah show provides an opportunity to engage buyers from the UAE and wider Middle East, while connecting with international visitors and trade representatives attending the event.
GJEPC India Pavilion at WJSME 2026 showcases India’s jewellery mfg.and design capabilities
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GJEPC India Pavilion at WJSME 2026 showcases India’s jewellery mfg.and design capabilities
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