Middle East’s most
influential and prestigious jewellery event offers unrivalled product showcase to
more than 23,964 visitors from 99 countries
DWTC announces launch of new
Dubai International Jewellery Trade show in April 2014 in response to
overwhelming market demand
The 18th edition
of the Dubai International Jewellery Week 2013 at the Dubai World Trade Centre
welcomed more than 23,964 visitors from 99 countries and 367 exhibitors from
around the world offering countless new launches and a dazzling array of jewellery
designs.
Millions of dirhams in
sales, confirmed orders and strategic business opportunities during the
exhibition were reported by both trade and retail exhibitors. Sales were further boosted by a number of buyers
and wholesalers from countries such as Albania, Bahrain, Kosovo, Kuwait,
Macedonia, Russia, Saudi Arabia, Oman, and Turkey who also visited the show.
Consumers, trade visitors
and buyers conducting brisk business at the show were impressed with the high
quality, wide selection, fine design, and price competitiveness of products
available at the event. Some of their selected
products were precious metals, diamonds and other high quality gemstones.
In response to the robust attendance and
interest from the industry, Dubai World Trade Centre has launched a new event, the
Dubai International Jewellery Trade,
in April 2014. Designed for the jewellery trade community in Dubai, the
three-day B2B event will provide manufacturers and wholesalers a platform to network
with buyers from large jewellery consumer markets in the Gulf region as well as
India, Russia and CIS countries. The
inaugural event will also provide a unique opportunity to all local and
international brands seeking presence in the region.
According a 2013 PricewaterhouseCoopers (PwC) report,
The Direct Economic Impact of Gold,
commissioned by the World Gold Council, the impact of gold jewellery
consumption in the UAE was estimated at USD2.5 billion, the fifth highest in
the world after China, India, United States and Russia.
The report further ranks the UAE as one of the
top 13 gold consuming countries, with its gold jewellery consumption amounting
to 50 tonnes indicating the industry’s strong performance that has further
strengthened the UAE’s position in the global jewellery market.
The 18th edition
of Dubai International Jewellery Week gathered exhibitors from around the world
who together brought the world’s most exquisite and finest jewellery and
gems. Independent retailer La Marquise
was one of the many exhibitors who described the Dubai International Jewellery
Week as an event not to miss.
“We have had a fabulous
turnout this year at the show. I think the
Dubai jewellery market on the whole is growing, which is also one of the
reasons why we have had so many customers at our stand,” said Shankar
Ramanathan, Head of Marketing, La Marquise.
Michelle Buxani Panjwani of
Hong Kong-based diamond specialists, Temptations, commented: “This was our
first time exhibiting in the UAE but definitely not the last. We have exceeded our expectations in terms of
our targeted sales for the show and sold jewellery worth more than USD2 million
to buyers from Dubai, India, Kazakhstan and Russia. We are delighted with the
positive response and are thinking about opening an office in Dubai to cater to
our customers in the UAE and the Middle East.”
Ghazi Bin Talib, Chairman
of the Board of Directors at Ghazi Bin Talib Jewellery in Saudi Arabia
purchased diamond and gold jewellery worth USD500,000 at the event, while
Ismail M. Adam Al-Saigh, a top level buyer from Oman and Managing Director of
Adam’s Sons Jewellery, purchased products worth more than USD220,000 and loose
diamonds worth USD20,000 at the four-day consumer and trade event.
“We have sold jewellery
worth more than AED300,000 this week with our bridal sets being the most
popular. Apart from customers from the
UAE and GCC, we have also had trade inquiries from Russian and Turkish
customers. We are very pleased with the
show and look forward to participating in the 2014 edition, said Ramanathan”
“This was the first time I
visited the Dubai International Jewellery Week and I have to say that it was
one of the most well organised shows I have visited,” said Al-Saigh. “I was very impressed with the quality of
exhibitors and products at the show. It was the ideal venue to meet our
existing Dubai-based dealers as well as make new contacts with companies from
the international market. We are glad we
attended the 2013 edition and look forward to visiting the show next year as
well.”
Dubai International
Jewellery Week was a treat for the eyes with many amazing pieces showcased at
the show including a stunning headpiece representing a bird’s eye view of Palm
Jumeirah from India-based jewellers Lucky Stone, and a beautiful gold handcrafted timepiece comprising 541 pieces of natural
coloured diamonds created by Dubai-based Dhamani.
Russian jewellery experts
Moiseikin also displayed one-of-a kind, intricate pieces studded with gemstones and diamonds, each
worth hundreds of thousands of dirhams.
A
schedule of seminars hosted by GIA Middle East provided invaluable business
advice to thousands of small and medium-sized companies, and designers while
the Jewellery Design Awards provided emerging and professional jewellery
designers an opportunity to further shine and showcase their talent.
Commenting at the end of the show Trixie LohMirmand,
Senior Vice President, DWTC, organiser of Dubai International Jewellery
Week, said: “The 2013 edition of the Dubai International Jewellery Week has
been a huge success and I am pleased with the overall positive response provided
by exhibitors and visitors alike. This show is testament to both the resilience
of the UAE retail trade and 367 exhibitors who have pulled out all the stops to
put on such a superb showcase.”
The
19th edition of the Dubai International Jewellery Week will take
place from 3-6 December 2014 at the Dubai World Trade Centre. Please check the website for more details and
updates www.jewelleryshow.com.
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