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VicenzaOro witnesses + 10% buyers this year
Excellent performances also by T.GOLD, the world exhibition of technologies for the jewellery sector which recorded a + 16 per cent of buyers
By: Diamond World News Service
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Jan 29 2018 2:34PM
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Reference: 16040  

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Excellent results for the VicenzaOro January 2018 edition. The Professional Show, called The Jewellery Boutique Show®, organized by the Italian Exhibition Group (IEG) - a company born from the merger between Rimini Fiera and Fiera di Vicenza - in the 6 days of the event recorded an important growth of buyers, registering a + 10 per cent (compared to the January 2017 edition), coming from 130 countries and reaching over 36,000 total presences over several days.

VicenzaOro, thus confirms itself as the reference event that takes place in Europe, dedicated to jewellery, capable of generating business relationships with all the most important reference markets in the world.

The edition that just ended featured more than 1,500 brands, 40 per cent of which came from 35 countries and the most important production areas.

As for the distribution, to signal the re-start of Italy, with a growth of buyers equal to + 10 per cent, compared to January 2017, seems to announce a recovery of the market after a two-year undertone. Despite this important data for our economy, VicenzaOro January recorded the overtaking of the number of foreign buyers present compared to those of Italian nationality.

Continental Europe confirms its important presence, with very significant growth in some countries. Germany scores + 22 per cent of presences, + 14 per cent for the United Kingdom, + 20 per cent Greece. Other European Markets, which are considered fundamental not only for the gold and jewellery chain, made in Italy, but for the world's jewellery demand, also increase significantly. Among these we note the growth in terms of presence of Turkey + 34 per cent, Russia + 15 per cent, Ukraine + 13 per cent. On the other hand, Spain is falling.

Extremely positive data came from the other most dynamic and extremely interesting markets for luxury.

Operators coming from the US increased by 24 per cent in this edition, Japan by 31 per cent, China by 29 per cent and the United Arab Emirates by 9 per cent (despite the recent difficulties registered for the introduction of the new VAT tax). The increase registered by India is worth 51 per cent. The Asian country, which is responsible in 2017 for the strong international recovery in the demand for gold for jewellery, shows a great interest, above all, for the production technologies present at T.GOLD.

As for the North African countries, Iran and the Middle East in general, their presence remained very important, even if there is a polarization towards Dubai, where VicenzaOro is already directly present - in a joint venture with Dubai World Trade Centre (DWTC) - with its VOD format Dubai International Jewellery Show, confirming the strategic choice made by IEG to oversee the Gulf and GCC countries with an annual event.

The first yearly appointment of the IEG Jewellery Agenda, the system that, since last year - with also the direct management of the events held in Arezzo - is directed by a single specialized national exhibition provider, closed with great satisfaction of all.

VicenzaOro January is also the first appointment of the year in the jewellery trade fair calendar and confirmed itself as an essential and central business opportunity, unique for the sector to close the budget for the year 2017 and outline 2018.

An important showcase for the companies that presented a preview of all their new collections; the winter edition of VicenzaOro also represented the "official" celebration of the sector with the awarding of the Jewellery Oscars in the evening of the Andrea Palladio International Jewellery Awards.

Also important for this edition is the support of the Ministry of Economic Development (MISE – Ministero dello Sviluppo Economico) and ITA -Italian Trade Agency. Also thanks to this collaboration, at VicenzaOro January,500 buyers were hosted selected from the main markets that have been added to the over 1500 operators managed directly by IEG.

Central theme of VicenzaOro January 2018 was that of the Future. The opening event, VISIO.NEXT Summit®, offered a real glimpse into the world of luxury and jewellery with a focus on brand enhancement, new distribution channels and the role of the next-generation consumer.

The results recorded by this edition of the Show, prove the winning strategy of IEG, focused on the strong search and selection of brands eligible to participate, on the creation of a platform and an effective business network for international development, on the strong content proposal - also digital - with high added value aimed at supporting the industry through the great changes taking place, the challenge of traceability, sustainability, intelligent industry and new models of communication and distribution – omni-channeling.

T.GOLD, the world exhibition dedicated to technologies for the different processing of jewellery and unchallenged leader at the international level - organized by IEG on the same dates as VicenzaOro January - marked a growth of professional visitors equal to over + 16 per cent, compared to the edition in 2017, which had already registered an important increase. T.GOLD 2018 marked a significant increase also in the number of Exhibitors + 20 per cent, thanks to a new, specially designed temporary exhibition space. This event is a true HUB of innovation, from which passes every new choice of process and product that the global industry of the sector intends to start.

Therefore it represents not only a fundamental moment of buying new technologies, among which the whole world of 3D printing cannot be missing, but also an essential appointment for the update on new techniques and the most advanced researches.

The next appointment is scheduled March 1-5 March 2018 with T.GOLD International + METS in Hong Kong.

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