JB Insights
VICENZAORO JANUARY 2024
IEG’s trade show is the global jewellery industry’s choice
Attendance +3% more than 2023 on the 70th anniversary, 141 countries of origin. The United States, Turkey and Spain on the podium. Enhanced hosted buyer programme thanks to ITA – Italian trade Agency
More than 1,300 exhibiting brands
Technologies: T.Gold, showcase of top products for the supply chain. In 2025, the first edition of “The Vicenza Symposium”, a global scientific event
Watchmaking segment consolidated with TIME for B2B. Visitors to VO Vintage up 13%
More than 490 students at the 20 events in the city’s VIOFF programme
Work to start on the new 22,000-square-metre hall: an investment of about Euro 60mn
Vicenzaoro January 2024 exceeds all the most optimistic prior expectations of the Vicenza – Italy gold and jewellery exhibition’s 70-year anniversary. Italian Exhibition Group’s «boutique show» closed today with a 3% increase in attendance at the Vicenza Expo Centre, surpassing last January’s record edition. Moreover, at this edition, six out of ten visitors came from abroad: the global jewellery industry has chosen, Vicenza will be a market hub for the next 70 years. IEG responds with the start of work on the new 22,000-square-meter hall.
THE VICENZAORO JANUARY 2024 NUMBERS
Foreign attendance has been confirmed at 60% of the total, arriving from 141 countries around the world, up from 136 in 2023: with Europe counting 53%, the Middle East 9.3%, Asia 10.5%, Turkey 8%, North America 7.2%, Latin America 5.1% and Africa 4.9%.
Among the most represented individual countries overall: the United States and Turkey; from Europe Spain, Germany, France, Greece and the UK; from the Middle East the United Arab Emirates, while standing out from Asia are India, China, Japan, Thailand and Hong Kong. The largest increases are for China (+188%), Japan (+44%), Colombia (+38%), Brazil (+36%) and France (+25%). Among the new entries at Vicenzaoro: Tanzania, El Salvador and Honduras. Veneto, Lombardy, Tuscany and Piedmont confirm an extremely positive trend for Italian attendance, which saw an overall increase of 3.2% compared to 2023.
T.GOLD ON THE RISE
At this edition, T.Gold, the leading international innovation showcase featuring the most advanced machinery for goldsmithing and the latest processes applied to gold and jewellery, organized in partnership with A.F.E.M.O., saw a 4.7% increase in attendance.
TIMEPIECES.
In the timepiece segment, VO Vintage consolidated its success with exhibitors up 22% for vintage watches and jewellery open to the B2C public, with collectors, experts and watch lovers from Italy and around the world also up +13%.
INDUSTRY AND TRAINING, PASSION MAKES A COMEBACK
Gold and jewellery see restored generational turnover in the labour market. Industry and education meet at Vicenzaoro: 23 schools at the Show, mostly from Italy and from France, Germany and the UK for a total of about 750 students and escorts, all involved in the many initiatives. In the VIOFF programme of city events, Vicenzaoro’s off-show, more than 490 students took part in the 20 events on the calendar.
THE EXPO CENTRE CHANGES FACE, 2024 IS THE YEAR OF WORK ON THE NEW HALL
The close of Vicenzaoro January 2024 will mark the opening of the building site that will return a new layout to the Vicenza Expo Centre for the September 2026 edition. The new 22,000-square-meter hall will replace Hall 2, the historic “snail” built in 1971, and Hall 5, to provide more space for exhibitors and better “navigability” for visitors inside the building. The investment of about 60 million euros is fully financed by IEG.
“THE VICENZA SYMPOSIUM”, THE NEW EVENT ON IEG’S JEWELLERY AGENDA
Italian Exhibition Group’s Jewellery Agenda will be further enriched as of 2025 with a new international event, “The Vicenza Symposium” scheduled to take place from 2 – 4 September. Vicenza will therefore inherit the scientific legacy of the “Santa Fe Symposium” which closed in 2022. A biennial event with a problem-solving approach for companies, the Symposium is the result of IEG’s collaboration with two leading companies in the T.Gold world: Legor and Xolutions.
GLOBAL STAKEHOLDERS AND INSTITUTIONAL PARTNERS
Vicenzaoro January confirmed its role as an international reference point due to the presence of the entire institutional and association world. From Confindustria Federorafi, Confartigianato Orafi, Confcommercio Federpreziosi, CNA Orafi, Confimi Industria Categoria Orafa ed Argentiera to Assogemme, Assocoral and A.F.E.M.O. – Association of Jewellery Machinery Manufacturers and Exporters, CIBJO – World Jewellery Confederation, Ministry of Foreign Affairs and International Cooperation, ITA – Italian Trade Agency.
The community’s next appointment with Vicenzaoro will be from 6th to 10th September 2024.


By Invitation
The Rise Of Everyday Milestone Gifting:Why Natural Diamond Solitaires Are No Longer Reserved For Weddings
For decades, natural diamond solitaires have been associated with engagements, weddings and landmark anniversaries. They represented life’s biggest celebrations and were often viewed as aspirational purchases reserved for a select few occasions. Today, however, consumer behaviour is evolving. More people are choosing to celebrate personal milestones, professional achievements and meaningful life moments with jewellery that carries lasting emotional value.
Across urban India, consumers are increasingly purchasing natural diamond solitaires for occasions such as promotions, first salaries, business launches, milestone birthdays, graduations, parenthood and personal accomplishments. The decision is no longer driven solely by tradition, it is driven by emotion. This shift is redefining the role of solitaires from occasion-led purchases to symbols of self-celebration and personal growth.
For the jewellery industry, this evolution presents a significant opportunity. Instead of engaging consumers only during wedding seasons, brands can now connect with them across multiple life stages. Every achievement, whether personal or professional, has the potential to become a meaningful jewellery purchase. This broadens the consumer journey and creates new avenues for growth beyond the traditional bridal category.



At Divine Solitaires, this changing mindset is seen as a reflection of how modern luxury is becoming more personal and intentional. While the brand is synonymous with the world’s finest natural solitaire diamonds, it also recognises that today’s consumers want jewellery that becomes part of their everyday story, not just their wedding album. A solitaire is increasingly being viewed as a timeless piece that can be worn regularly while continuing to represent a deeply meaningful memory.
The growing preference for everyday milestone gifting is also changing what consumers expect from jewellery brands. Buyers today are researching more, asking more questions and seeking greater transparency before making a purchase. They want assurance about certification, quality, craftsmanship and long-term value. These expectations are redefining trust in the natural diamond category.
This philosophy has always been central to Divine Solitaires. The brand has consistently focused on bringing greater transparency to the natural diamond category through stringent quality benchmarks, transparent pricing and industry-leading consumer assurance programmes. Every Divine Solitaire undergoes multiple quality parameters that far exceed conventional diamond grading standards, ensuring consumers receive only the world’s finest natural solitaire diamonds. Along with lifetime upgrade, exchange and buyback programmes, supported through its digital verification ecosystem, the brand continues to reinforce confidence long after the purchase is made.
As India’s jewellery market matures, consumers are no longer making decisions based solely on design or price. They are increasingly evaluating emotional significance, authenticity, long-term value and future flexibility. The ability to invest in a certified natural solitaire diamond that celebrates a personal milestone represents a meaningful and enduring choice, particularly among younger buyers who seek purchases that combine aspiration with substance. This evolution is helping redefine luxury as something that is not only beautiful, but also deeply personal.
The broader industry stands to benefit as well. The rise of self-gifting and milestone-led purchases is expanding the natural diamond category beyond traditional wedding occasions and encouraging stronger consumer engagement throughout the year. It is also creating greater demand for certified natural diamonds and driving higher standards of transparency, education and trust across India’s jewellery retail ecosystem.
As the industry prepares for this next phase of growth, there is also increasing momentum around celebrating and strengthening consumer confidence in natural diamond solitaires. This vision is reflected in the upcoming Solitaire Festival of India (TSFI), an industry-first initiative by Divine Solitaires that aims to bring together consumers, retailers and the larger jewellery fraternity in a nationwide celebration of natural diamond solitaires. By creating new conversations around aspiration, achievement and everyday milestones, TSFI seeks to further expand the relevance of solitaires beyond weddings and into every meaningful stage of modern life.
Speaking on this evolving consumer behaviour, Jignesh Mehta, Founder and Managing Director, Divine Solitaires, said:

“The definition of luxury is becoming deeply personal. Consumers today are no longer buying natural diamond solitaires only because tradition tells them to, they are buying them because a moment in their life feels worthy of being remembered forever. We are witnessing a significant shift from occasion-led purchases to emotion-led purchases, where promotions, entrepreneurial successes, personal achievements and everyday milestones are becoming solitaire moments.
At Divine Solitaires, we believe this evolution reflects a more confident and intentional consumer mindset, one that values transparency, quality and long-term meaning. Through initiatives like the Solitaire Festival of India, our endeavour is to celebrate these changing consumer journeys while strengthening trust and appreciation for natural diamond solitaires across the country.”
The future of India’s natural diamond market will not be shaped solely by weddings, but by the many milestones that define modern life. As everyday milestone gifting continues to rise, brands that combine emotional relevance with transparency and enduring value will lead the next phase of growth. For Divine Solitaires, this represents not just a consumer trend, but a meaningful shift towards a more personal, consumer-centric and future-ready jewellery ecosystem.
-
New Premises15 hours agoP N Gadgil & Sons Opens New Showroom At Amanora Mall, Hadapsar, Pune
-
JB Insights11 hours agoStyle, Silver & Scale: How Kushals Is Redefining India’s Fashion Jewellery Landscape
-
By Invitation11 hours agoThe Rise Of Everyday Milestone Gifting:Why Natural Diamond Solitaires Are No Longer Reserved For Weddings
-
International News10 hours agoGemfields – Ruby: The Fire Within

