VICENZA, Italy, May 10, 2014 - Young designers from around the world showed off their latest jewellery, fashion, handbag and shoe creations on the opening day of the Spring edition of the Vicenzaoro trade fair.
The backdrop for Italian jewellery sales was positive, as Vicenza Fair released figures showing that Italian jewellery exports rose 7.8 percent in value terms in 2013, and increased by 2.8 percent in quantity terms.
The United Arab Emirates overtook Switzerland to become the number 1 market for Italian jewellery exports in 2013, with a 20.7 percent share by value.
Italian jewellery sales to the UAE were up 30 percent year-on-year compared with 2012.
Considering the sharp drop in the gold price in 2013, the increase in the value of Italian jewellery exports highlighted the importance of value-added design in jewellery sales, notably of "Made in Italy" products.
Global demand for gold jewellery rose by 16.5 percent in quantity terms year-on-year in 2013, the highest rise since 1997, according to Vicenza fair.
In value terms, global demand for gold jewellery fell by 1.5 percent in 2013, against 2012.
A strong turnout from young fashion designers represented on web portal Not Just a Label, headlined the Vicenzaoro Spring show.
In the "Origin, Passion and Beliefs Lounge" in the new Pavilion 7, cutting-edge designs featured from outstanding new designers such as the UK's Rachel Boston, who presented pieces inspired by a re-imagining of beetles, scorpions, talismanic teeth and seeds.
|Rachel Boston Jewellery|
The same pavilion showcased an exhibition of jewellery by one of fashion's greats, Gianfranco Ferre, and a jewellery trends exhibition by TRENDVISION, the forecasting arm of the Vicenza jewellery fair.