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Asian jewellery market to rival the Italians? > Gold News > World Gold Council, all about gold

 

Asian jewellery market to rival the Italians?

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Tuesday, 18th January 2005 (9349 views)

China, Thailand and Turkey beginning to challenge jewellery markets dominated by Italy, the world's biggest exporter. <br/><br/>Fabrizio Filippi, CEO of Italian jewellery Superoro, acknowledged the rise and rise of the Asian market: "The Asian market is definitely getting better - high quality jewellery may be the only market for us in the future but we are still innovating."<br/><br/>Global jewellery fabrication rose by four per cent in 2004, with the Indian, Turkish and Chinese markets accounting for much of the increase. <br/><br/>Asian companies are now looking to compete seriously with Italian jewellery manufacturers.<br/><br/>Feyza Celik, from the Turkish jewellery group Goldas, said his company's market share was growing in Europe, Asia and the United States: "We have our own creative design department. We can definitely compete with the Italians on manufactured gold jewellery, it's not a problem."<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7591542"/>

 

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