Highlights
The U.S. is the World Largest Luxury Goods Market
May 4, 2011

The growth of luxury sales in China has been getting most attention lately, but this current rate of growth is also being buoyed by strong first-quarter momentum in the U.S. and Europe, according to the “Spring 2011 Update: Luxury Goods Worldwide Market Study,” by Bain & Company. In fact, the U.S. remains the world’s largest luxury goods market.

Bain forecasts that sales in the Americas for 2011 will grow by 8 percent, to nearly €52 billion ($77.5 billion).

The report also notes that despite the improvements in U.S. and Europe, the biggest growth rates in luxury sales remain in emerging markets, such as Russia, Brazil, the Middle East and China.

Recent Highlights
Bulgari Reportedly Buys Back its Own Jewelry at Taylor Auction
December 15, 2011

The record-breaking jewelry sale of Collection of Elizabeth Taylor auction at ...

Consumer Confidence Index Shows Strong Growth
December 27, 2011

The Conference Board Consumer Confidence Index, which surged nearly 15 points in November, ...

Retail Container Traffic to be Up Slightly in December
December 13, 2011

Import cargo volume at major retail container ports in the U.S. should be up 0.3 percent in ...

Carlo Palmiero Comes to Houston
November 30, 2011

Consumers in the Houston metro area will now be able to purchase the colorful creations of ...

Jewelry Sales Up 22% in September
November 15, 2011

U.S. jewelry store sales for the month of September rose 22 percent year-over-year to $2.12 ...

People are Buying Jewelry Online
November 13, 2011

Who says people won’t buy jewelry online? Among the top five performing e-commerce ...

Hong Kong Trade Fair Welcomes Italian Flair
October 1, 2011

Italy didn’t have the most vendors at the Hong Kong Gem & Jewellery Fair, held ...

Jewelry Still on Holiday Wish Lists
October 19, 2011

Nearly 23 percent of consumers say they are hoping for jewelry this year, ranking fourth on ...

It is Time for Jewelry and Watch Brands to Get Digital
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Centurion Design Competition
September 1, 2011

The Centurion luxury jewelry show is holding its fourth annual Emerging Designers ...

Consumer Spending Stalls in August
September 13, 2011

Retail industry sales (which exclude automobiles, gas stations, and restaurants) in August ...

OroArezzo Brings Golden Hat_titude to the Hong Kong Jewelry Fair
September 30, 2011

Those who attended the recently concluded Hong Kong Jewellery & Gem Fair got a strong ...

Consumer Sentiment Drops Rapidly
August 12, 2011

The Thomson Reuters/University of Michigan's Index of Consumer Sentiment for August came ...

July Retail Sales Rise
August 12, 2011

Retail industry sales (excluding automobiles, gas stations, and restaurants) in July ...

U.S. Jewelry Industry Doing Well Despite Sluggish Economy
August 31, 2011

One way to determine the strength of the jewelry industry in the U.S. is to gauge the sales ...

Italian Jewelry Design at the Las Vegas Tradeshows
July 1, 2011

The famed Las Vegas Strip was buzzing with excitement as the collection of jewelry shows, ...

Bulgari Sales Up 23%
July 28, 2011

First half 2011 sales for the Bulgari Group increased 23.6 percent, year-over-year, at ...

Ferragamo and Gianni Bulgari to Create Jewelry Line
July 6, 2011

Luxury shoe and leather goods brand, Salvatore Ferragamo, will create its first jewelry ...

June Equals 12th Month of Retail Sales Growth
July 18, 2011

Retail industry sales (which exclude automobiles, gas stations, and restaurants) in June ...

JA SUMMER SHOW (JULY 24-26, 2011)
July 22, 2011

Over 30 Italian companies will be participating in the Italian pavilion at the JA Summer Show ...

A Proposal to Create Conflict-Free Gold
June 28, 2011

The World Gold Council said it is developing a system similar to the Kimberley Process for ...

Palladium Jewelry Campaign to Begin
June 21, 2011

Palladium is again trying to be the next, hot white metal.
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Polished Diamond Prices Soar
June 15, 2011

There appears to be no stop to the rise in diamond prices, according to three leading ...

Italian Trade Commission Presents: "La Dolce Vita" at JCK Las Vegas
May 27, 2011

LOS ANGELES – The Italian Trade Commission (ITC) in collaboration with Fiera di Vicenza ...

U.S. Demand for Gold Jewelry Slipped in Q1
May 19, 2011

Consumers in the U.S. continued to feel the pinch of a weak economic recovery and the rising ...

North American Platinum Jewelry Demand Up 30%
May 16, 2011

Demand for platinum jewelry in North America increased 30 percent in 2010 to 175,000 ounces ...

Survey: Affluent American to Spend More this Year
April 15, 2011

The wealthiest 10 percent of Americans will spend an additional $26.6 billion this year on ...

Luxury Stores Report Strong Sales Gains
April 8, 2011

In March, luxury department stores reported sales increases for stores open more than a year. ...

U.S. Diamond Demand is increasing
April 19, 2011

Trade reports from the world’s diamond centers clearly indicate that both demand and ...

Kimberley Process Form Available through JVC
March 16, 2011

The U.S. State Department requires that rough diamond importers and exporters file an annual ...

CPI for Jewelry Sales Up 10%
March 17, 2011

The U.S. consumer price index for jewelry hit a new high in February at 171.4 points, ...

Retail Container Traffic Expected to Grow 11 Percent in March
March 7, 2011

Import cargo volume at major retail container ports in the U.S. is expected to be up 11 ...

Italian Jewelers at Centurion 2011
February 28, 2011

 

Italian luxury jewelry ...

Kirsten Dunst Bares All for Bulgari New Ad Campaign
February 25, 2011

 

Actress Kirsten Dunst is ...

Luxury Spending Rises
February 21, 2011

 

This are slowly getting ...

Consumers Spent $43.4 Billion Online in Q4 2010
February 9, 2011

 

The power of e-commerce ...

Big Gains for Holiday Sales In-Store and Online
January 26, 2011

Even though consumers spent most of 2010 on the sidelines, retailers found a way to tap into ...

Jewelry to be a Popular Valentine's Day gift
January 26, 2011

Jewelry sales for Valentine’s Day are expected to total nearly $1.5 million, a ...

Rising Holiday Jewelry and Luxury Sales
December 21, 2010

Jewelry sales for the holiday season have increased 2.6 percent year-over-year, according to ...

New FTC Platinum Jewelry Guidelines
December 21, 2010

The Federal Trade Commission has revised its Jewelry Guides to help ensure that consumers are ...

Damiani and the Star Power of Hollywood
December 14, 2010

The Hollywood Foreign Press Association announced its nominees Tuesday for the 68th Annual ...

America Remains the number One destination for Luxury... At least for now
November 26, 2010

Luxury in America may be down right now but it is still the top destination for luxury goods ...

Gucci to Launch Grammy-Theme Jewelry, Watch Collection
November 22, 2010

Gucci Timepieces & Jewelry is launching a special edition Grammy watch and jewelry ...

Improvement Expected in 2010 Holiday Sales
October 27, 2010

Two retail associations are predicting a modest improvement in retail sales this

U.S. Retail Sales Up 0.6% in September
October 20, 2010

The U.S. Department of Commerce reported that U.S. September retail sales rose by 0.6 percent ...

Eco-friendly Jewelry Making Inroads in the U.S.
September 29, 2010

Environmentally responsible jewelry has been around for a long time but it has failed to gain ...

Luxury Jewelry Spending Up
September 27, 2010

Average transaction size for luxury jewelry by U.S. consumers increased by 10 percent, while ...

U.S. Government Proposes Stiffer Trade Enforcement Regulations
August 31, 2010
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The Jewelry Buying Habits of Affluent Customers Have Changed
August 12, 2010
About 28 percent more affluent consumers purchased jewelry during the first half of 2010 than the ...
Consumers Concerned about Short-Term Economic Outlook
July 30, 2010
A lack of jobs and an uncertain business environment are causing U.S. consumers to slow their ...
Buying Trip to OroArezzo
January 23, 2008
The Italian Trade Commission will be organizing a buying trip to OroArezzo. This invitation is ...
Gold near 23-year high
December 2, 2005
Gold held near 23-year highs on Monday after another round of fund buying spurred by worries over ...
Crescent Jewelers files bankruptcy
August 12, 2004
Crescent Jewelers, California's largest retail jewelry chain, announced yesterday that it filed for ...
Four Weeks to Couture 2004
May 8, 2004
The tenth edition of Couture Jewellery Collection & Conference will take place at the Desert Ridge ...
Orogemma 2003: an extremely selective market
September 16, 2003
Vicenza, 11/09/03 ?V The twenty-ninth edition of Orogemma closed today, the last event in the gold ...
italian vendors come to NYC
October 6, 2004
Seventeen Italian jewelry manufacturers brought their wares to the United States for a two-day show ...
Consumer spending dips to three-year low in June
August 8, 2004
High energy prices and a sluggish job market combined in June to nudge consumer spending to a ...
New Growth in Jewelry Sales
June 24, 2004
After three years of declines, high-end retailers proclaim that luxury spending is on a roll, on ...
VICENZA SUPPLIERS VISIT U.S.
March 3, 2004
The GOLD JEWELRY DISTRICT OF VICENZA presents a special Italian Jewelry
Italian jewelry designers to unveil a 600 ct diamond dress
March 3, 2003
A 600-ct. multi-million dollar diamond dress will be unveiled during a week-long showcase featuring ...
Italian Jewelery Awards
September 1, 2002
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Vicenzaoro2 and Gold Virtuosi: a winning pair...
June 13, 2002
Vicenzaoro2 2002, the Vicenza Fair's second international appointment of the year with the ...
OROGEMMA Tradeshow
September 12, 2002
Nonostante la flessione dei mercati la Fiera di Vicenza si conferma come punto di riferimento ...
BULGARI Achieves RJC Certification
December 19, 2011

Italian luxury jewelry house, BULGARI, is the first Italian member of the Responsible ...

Happy Consumers Bought Jewelry, Luxury and Other Goods This Holiday Season
December 30, 2011

The numbers are still coming in but as of the end of December retailers in stores and online ...

VICENZAORO Presents New Corporate Image
December 6, 2011

Fiera di Vicenza has unveiled the new corporate image for the VICENZAORO jewelry trade show, ...

Strong Start of Holiday Season in Stores and Online
November 29, 2011

A record 226 million shoppers visited stores and websites over Black Friday weekend, up from ...

Strong October Retail Sales Figures
November 15, 2011

Retail sales in October increased 0.7 percent from September and 4.7 percent year-over-year ...

OroArezzo in New York
November 11, 2011

Approximately 15 companies representing the OroArezzo trade fair recently held an exclusive ...

Holiday Sales Expected to Rise by Nearly 3%
October 6, 2011

Holiday retail sales for 2011 are expected to increase 2.8 percent to $465.6 billion, ...

U.S. Contributes to an 18% Growth in Global Luxury Jewelry and Watch Sales
October 17, 2011

Double-digit growth in jewelry and watch sales, strong demand in China and Latin America, and ...

More Consumers to Use Mobile to Shop for the Holidays
October 20, 2011

Nearly 53 percent of consumers who own smartphones said they will use their device to ...

Survey: Dramatic Changes in the U.S. Jewelry Market
September 27, 2011

The U.S. jewelry market emerged from the recession to post a 7.5 percent increase in consumer ...

Jewelry and Watch Brands Improve their Digital IQ
September 1, 2011

Jewelry and watch brands fall short in comparison with other specialty retailers when it ...

Warren Buffett Company to Buy Italian Jewelry Brand
September 12, 2011

Richline International said it will buy Italian jewelry precious metals brand, Carniani, ...

U.S. Gold Jewelry Demand Down 8%
August 18, 2011

Gold jewelry demand in the U.S. fell 8 percent, year-over-year, to 21.7 metric tons for the ...

U.S. Jewelry Sales Grew by 12 Percent in June
August 17, 2011

Jewelry sales in the U.S. market increased 12 percent in June 2011, year-over, according to ...

Consumers Continue to Buy Online
August 14, 2011

U.S. e-commerce sales in the second quarter of 2011 increased 14 percent, year-over-year, to ...

Luxury Consumers Display Concern Over the U.S. Economy
July 27, 2011

The top 20 percent of households by income are no longer feeling confident about economic ...

Slight Improvement in July Consumer Confidence Index
July 26, 2011

Consumer Confidence Index, which had declined in June, improved slightly in July. The Index ...

Marina B Gets a Second Life
July 22, 2011

The one-time internationally known Italian luxury jewelry brand, Marina B, has

Luxury Sales Up 8.2%, Jewelry Retailers See Growth
July 8, 2011

In its ninth consecutive month of year-over-year gains, the SpendingPulse Luxury Index for ...

Ultra-affluent Shoppers are Spending Less at Luxe Department Stores
June 30, 2011

Among the seven leading luxury department stores in the U.S., only one captured a larger ...

Big Crowds in Las Vegas for Jewelry Week
June 26, 2011

A new venue for the largest jewelry trade show in the U.S. along with a sluggish economy ...

JVC Releases Platinum Guide
June 17, 2011

The Jewelers Vigilance Committee has released The Essential Guide to the U.S. Trade in ...

GIOIELLO WEEK TO CELEBRATE EXQUISITE ITALIAN JEWELRY IN BEVERLY HILLS and SANTA MONICA, CA JUNE 18 | 26
June 10, 2011

The exquisite craftsmanship and design of Italian jewelry will be on display during ...

April Marks 10th Month of Retail Sales Growth
May 13, 2011

Retail sales increased for the 10th straight month in April, further evidence that the retail ...

Container Traffic Growth Leveled Off in May
May 13, 2011

Import cargo volume at the nation’s major retail container ports is forecasted to level ...

Italian Jewelers at Baselworld
April 1, 2011

Among the approximate 2,000 exhibitors at Baselworld, the world’s largest watch and ...

March Retail Sales Up 4%
April 14, 2011

Retail sales in March increased across the board for the ninth straight month, according to ...

Gold Forecasted to Reach $1,600
April 14, 2011

GFMS, a London-based precious metal consultancy, said in its semi-annual Gold Survey report ...

Don't Bring Diamonds from Zimbabwe into the U.S.
March 30, 2011

The Kimberley Process Certification Scheme is charged with preventing “blood” or ...

E-Commerce to Grow Till 2015
March 17, 2011

U.S. retail ecommerce sales reached $165.4 billion last year, a 14.8 percent growth over ...

Retail Sales Improve in February
March 11, 2011

Improvements in the U.S. economy bolstered retailer’s February sales, reflecting ...

Fashion Trends: Oscar Turns Green with Emeralds
March 1, 2011

It all began when Angelina Jolie wore an exceptional set of Robert Procop emerald drop ...

Gold Jewelry Demand in U.S. Remains Sluggish
February 27, 2011

The long term downtrend in U.S. demand for ...

Consumer Confidence Index Improves in January
February 22, 2011

 

The Conference Board ...

Report: Jewelry Sales Up 7.7%
February 10, 2011

 

Led by strong consumer ...

Luxury Spending Up 3%
January 26, 2011

Luxury spending on jewelry in the U.S. increased 3 percent, year-over-year, in the third ...

Jewelry websites Popular During Holidays
January 26, 2011

Many Americans returned to making purchases of luxury goods this holiday season, sending an ...

Sharon Stone, Damiani Design Jewelry for Charity
December 21, 2010

Actress Sharon Stone recently unveiled a new jewelry collection co-designed with Damiani in ...

Italian Exports to Recover in 2013
December 21, 2010

The “Made in Italy” label still packs a strong economic punch but its full ...

NRF Revises its Holiday Forecast
December 14, 2010

After a solid start to the holiday season, the National Retail Federation has revised its ...

Strong Jewelry Sales in Store and Online at Beginning of Holiday Shopping Season
December 1, 2010

Approximately 212 million shoppers visited stores and websites over Black Friday weekend, up ...

Retailers Optimistic about Platinum Jewelry
November 23, 2010

Retailers are showing a renewed sense of optimism when it comes to sales of platinum jewelry, ...

Marketing Expert Says Luxury Sales to be Slow Till 2019
November 4, 2010

The luxury market will experience a slow period for the next ten years and the current ...

Department Stores Report Strong Sales in September
October 25, 2010

A number of department stores posted strong gains for the month of September, outperforming ...

Sky High Gold Prices
October 6, 2010

The month of September has seen an historical rise in gold as the precious metal. It’s ...

Consumer Confidence Index Retreats in September
September 29, 2010

The Conference Board Consumer Confidence Index, which had improved in August, retreated in ...

Torre del Greco and the Coral Ban
September 27, 2010

The center of the coral industry is in the tiny Southern Italian port town of Torre del ...

Men are Buying More Jewelry
August 13, 2010
It appears that one of the bright spots in the post-recession jewelry market in the U.S. is the ...
Attracting Young Jewelry Lovers
July 30, 2010
The next generation of jewelry buyers in the U.S. needs help in developing their love and ...
Silver Jewelry Popular with Consumers and Retailers
August 6, 2010
In these tough economic times, silver jewelry has become the popular choice for consumers and ...
Centurion Show
January 31, 2010
The Italian Trade Commission, Los Angeles office, will be a sponsor at the Centurion Show in
Italian designers get own pavilion in Signature Salons
August 17, 2004
Signature Salons by Couture announced that it will host an Italian Pavilion at its debut event next ...
Forbes predicts strong growth picture at JA New York
July 30, 2004
Steve Forbes, president, CEO and editor-in-chief of Forbes magazine delivered a promising economic ...
As holiday season begins retail sales appear modest
December 3, 2003
The New York Times reported on Monday, December first, that the post-Thanksgiving retail sales ...
JA New York Adds New Pavilions to Winter Show
October 15, 2003
Two new pavilions have been added to the 2004 JA New York winter show, which will be held Jan. ...
US Jewelers See Sparkling Future
August 2, 2004
Fine jewelry vendors at the JA New York show, which wrapped up its four-day run at the Jacob K. ...
The Italian Jewelry Awards in NYC
July 27, 2004
Italian jewelry designers and the U.S. jewelry community celebrated their ongoing relationship at a ...
Editor's Lunch at the Doubles Club, NYC
May 5, 2004
ITC Los Angeles hosted the Eight Annual Editor's Lunch. In this occasion 26 Italian jewelry ...
OROAREZZO SHOW 2003
April 15, 2003
Drop in visitors contained at 5.8% - Two thirds of over 600 exhibitors claim moderate satisfaction ...
Bulgari is the Cadillac of jewelry designers
October 21, 2002
A car for the status-conscious deserves a high-status dashboard, and Cadillac has commissioned ...
JA New York Show 2003
November 1, 2002
JA New York show attendees can preview the "Best of Italy" in the North Pavilion of the Jacob K. ...
Trade Data: January - December 2002
March 21, 2003
Segment: Jewelry, Gold
API Vicenza Holds Mini Trade Show in New York
March 18, 2003

In the 37th-floor Sky Lobby of the Marriott Marquis Hotel, 22 exhibitors laid out their wares ...

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Italian Trade Commission
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Suite 350
Los Angeles, CA 90067
tel. (323) 879-0950 | fax. (310) 203-8335 | losangeles@ice.it
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