Shiv Narayan Jewellers Makes History Achieving 8 Guinness World Records(TM) Titles

HYDERABAD, INDIA, May 31, 2023 – (ACN Newswire) – Shiv Narayan Jewellers Pvt Ltd, Hyderabad's top legacy jeweller, has achieved 8 Guinness World Records(TM) Titles, becoming the first Indian jeweller in history to accomplish such a feat. To commemorate the occasion, a grand celebration attended by high profile dignitaries and celebrities unfolded at the breathtaking Taj Falaknuma Palace in Hyderabad, the perfect venue to commend the Shiv Narayan's rich legacy.

Shiv Narayan Jewellers achieves 8 Guinness World Records

Mr. Kamal Kishore Agarwal, Disha Patani, Mr. Tushar Agarwal [L-R]

The grand event featured Bollywood's fashion icon Disha Patani who strutted the ramp in one of Shiv Narayan's high jewellery pieces. Her ethereal presence not only showcased its intricacy but also the craftsmanship and its breathtaking elegance. The evening unfolded as a captivating showcase of fashion, glamour, and exquisite jewellery but the highlight of the event was the unprecedented 'Experiential Zone' – an immersive experience of the record-breaking jewels themselves. The four zones, dedicated to each of the creations, exhibited the inspirations, innovation and nuances of the pieces.

The first of the four, The Ganesha Pendant, achieved the Guinness World Records Title for The Heaviest Pendant weighing in at 1011.150 grams & The Most Diamonds Set On A Pendant (11,472). A testament to exquisite craftsmanship, the handcrafted jewel took 6 1/2 months to create.

Shiv Narayan Jewellers went on to break their own record: The Ram Darbar achieved the world record for The Heaviest Pendant at 1681.820 grams and The Most Diamonds Set On A Pendant with 54,666 diamonds. It also became The Heaviest Diamond Pendant exceptionally designed over 8 1/2 months with diamonds inscribing Sri Ram (Lord Ram) even on the back.

The Satlada Necklace (The Seven Layer Necklace) is Shiv Narayan's third award winning masterpiece. With 315 emeralds and 1971 fine diamonds, it now holds the records for The Most Emeralds Set On A Necklace and The Most Diamonds Set On A Necklace. The sourcing of the gemstones for this necklace alone took 2 1/2 years and the piece was crafted over 5 1/2 months. Paying homage to the ancient treasures of the Nizams, an integral part of Shiv Narayan's heritage, The Satlada Necklace is a resplendent creation exemplifying the dedication and attention invested in each piece.

Elevating luxury to new heights, Shiv Narayan Jewellers' The Magnifying Glass holds an impressive value of $108,346 making it The Most Expensive Magnifying Glass.

Expressing his elation and gratitude for this remarkable achievement, Mr. Tushar Agarwal, Managing Director – Shiv Narayan Jewellers Pvt Ltd, stated, "We are truly humbled to have achieved 8 Guinness World Records Titles. It is a huge advancement for the entire industry and we are truly grateful that our dedication, hard work and passion has been recognised at such a global level. We hope to continue to pioneer innovation in the industry and reach new heights."

As the Only Indian Jeweller To Have Achieved 8 Guinness World Records Titles, Shiv Narayan Jewellers have solidified their position at the top in the gem and jewellery industry. Shiv Narayan Jewellers Pvt Ltd is a prestigious vintage and royal jewellery brand specialising in emerald jewellery. The company was started by Seth Sri Shiv Narayan Ji, the head jeweller to Mir Osman Ali Khan, the VII Nizam of Hyderabad. Since then, the brand has created many masterpieces. Today, it is in the hands of Mr. Kamal Kishore Agarwal and Mr. Tushar Agarwal, the current Chairman and Managing Director of the company.

For more information, please visit https://shivnarayanjewellers.com/

Media Contact:
Shifa Shaikh, Shiv Narayan Jewellers Pvt. Ltd.
Email: info.beyondpr@gmail.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC twin jewellery shows attract exhibitors and buyers from 130 countries and regions, delivering robust results

HONG KONG, Mar 5, 2023 – (ACN Newswire) – Following Hong Kong's lifting of the mandatory mask mandate and full resumption of travel, business people from around the world flocked to the city's first major trade fair. Organised by the Hong Kong Trade Development Council (HKTDC), the 39th HKTDC Hong Kong International Jewellery Show and the 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show gathered over 2,500 exhibitors and successfully concluded today. The five-day fairs attracted over 60,000 buyers from 130 countries and regions, with significant increase in participation from Mainland China and the Asia region. In an on-site survey with around 700 exhibitors and buyers, about 60% exhibitors and buyers expected their business to return to pre-pandemic levels in one year, reflecting a positive outlook for the jewellery sector.

Organised by the Hong Kong Trade Development Council (HKTDC), the 39th HKTDC Hong Kong International Jewellery Show and 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show concluded successfully.

The two jewellery shows featured jewellery parades that showcased elegant and stylish pieces.

A total of 20 regional pavilions were set up at the twin shows this year, including Mainland China, Italy, Turkiye, Japan and more, showcasing artisan jewellery from around the world.

Sophia Chong, Deputy Executive Director of the HKTDC, said: "We are delighted to see the overwhelming support from industry buyers and exhibitors for the twin shows. The vibrant atmosphere, busy traffic and packed booths not only reflected the global jewellery market's pent-up demand after three years and strong buying power, but also reaffirmed Hong Kong's position as the world's premier trade fair capital in Asia which brings the world together to do business and to build relationships.

"Looking ahead, we have many more trade events lined up for different sectors throughout the rest of the year, and with the policy support from the Hong Kong SAR Government, we are confident that trade fairs and conferences will help to re-energise the city's economic recovery," Ms Chong added.

Under HKTDC's EXHIBITION+ hybrid model, global jewellers and traders can connect online for another week beyond the physical fair days until 12 March via the Click2Match smart business matching platform. Over 1,800 meetings between exhibitors and buyers have been scheduled.

Positive outlook with 60% exhibitors and buyers predicting uptick in sales this year

In a survey conducted on-site by the HKTDC, some key findings include:

Market and industry outlook:
– Around 60% of exhibitors (62%) and buyers (61%) expect their business growth to return to pre-pandemic levels in a year.
– More than 60% of respondents foresee that overall sales will pick up in 2023 and 74% of buyers anticipate a rise in sourcing cost.
– Factors that are expected to bring opportunities for the industry in 2023 include: the recovering purchasing power from customers (57%), rising demand from emerging markets (34%) and the potential to expand business in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) (13%).
– Anticipation of the growth prospects of jewellery products in the target sales market are satisfactory in the next two years: Mainland China (78%), Hong Kong (71%), ASEAN countries (64%), Northern & Western Europe (58%), North America (55%)

Challenges: fluctuations of the global economy (51%) and impact of inflation (46%) as well as fluctuating exchange rate (35%) were seen as key challenges.

Product trends:
– Karat white gold and Karat yellow gold are expected to be the most popular metal product in 2023;
– Diamond will be the most in-demand gemstone;
– Social media, e-commerce and big data will have the greatest impact on the jewellery industry in the next three years.

HK$100 million sales recorded by some exhibitors

In addition to the high volume of buyers and exhibitors, robust business results were seen across the shows. Exhibitor Bruno Scarselli and Davide Scarselli, Co-owners of Scarselli Diamonds Inc, from the United States shared: "The twin shows are making a strong comeback this year. After the pandemic, the mood is positive and buyers are willing to buy. We have met a lot of buyers from Europe, Japan, Korea, Mainland China and the Middle East who are very interested in our blue and pink diamonds. Twelve buyers, including six from Mainland China, already placed on-site orders amounting to US$11-12 million for our fancy colour diamonds."

Hong Kong exhibitor Imran Khan, Director of Sparkle Gems Global Inc, said: "We first joined the HKTDC show 12 years ago because it is the best platform for suppliers from all over the world to promote their raw materials to international buyers. We are showcasing emeralds and tanzanites, with prices ranging from US$50 to US$10,000. We met 10 buyers from Europe, Mainland China and the US who placed on-site orders for our emeralds worth a total of US$1 million on the first day. We expect our on-site orders we receive at the show to amount to US$3 million."

Zhuji City from Zhejiang Province, Mainland China made their debut at the show. Chen Wenjin, Deputy Mayor of Zhuji City said: "A total of 49 Zhuji companies have gathered at our pavilion and we also organised a delegation from 300 companies to source at the shows. The show is an excellent platform for our pearl companies to connect with overseas buyers. We expect total sales of over RMB100 million."

One of the exhibitors, Tota Koyama, Chairman of the Japan Jewellery Association said: "Now that travel restrictions have been removed, Japanese jewellery companies are very happy to come to Hong Kong. We've brought 86 jewellery companies from Japan to participate in the Jewellery Show, and 69 companies in the pearl business to join the Diamond, Gem & Pearl Show. The response from buyers is better than expected and we've recorded very good sales. The purchasing interest is particularly strong from Mainland Chinese buyers."

A jewellery buyer, David Abraha from the United States said: "The Hong Kong International Diamond, Gem & Pearl provides an important platform for me to meet suppliers from worldwide at one place. I always come here to connect with new suppliers. At this year's show, I have found suppliers of loose diamonds from Belgium, Israel and Hong Kong. My budget is up to US$5 million."

Qian Yiting, Chief Operating Officer of Wuxi Yinlou from Mainland China said: "The show has staged a strong comeback this year with the relaxation of pandemic policies. I have visited jewellery fairs in Japan and Korea, but the Hong Kong International Jewellery Show is definitely the best one showcasing an amazing mix of jewellery from all over the world. I have already met with six exhibitors from Hong Kong, Japan, Australia and Thailand through the Click2Match business matching service."

More major fairs for technology and lifestyle sectors

On the heels of these two exhibitions, the HKTDC will organise a series of trade fairs in April, including InnoEx, Hong Kong Electronics Fair (Spring Edition) and Hong Kong International Lighting Fair (Spring Edition) on 12-15 April; Hong Kong Gifts & Premium Fair, Fashion InStyle, Home InStyle and more on 19-22 April. These events will provide buyers with a unique one-stop souring experience and help exhibitors expand their market reach, while boosting Hong Kong's economy.

Websites:
– Hong Kong International Jewellery Show: https://www.hktdc.com/event/hkjewellery/en
– Hong Kong International Diamond, Gem & Pearl Show: https://www.hktdc.com/event/hkdgp/en
– HKTDC Media Room: https://mediaroom.hktdc.com/en
– Photo download: https://bit.ly/41KMt3v

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Media enquiries
Please contact the HKTDC's Communications & Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Twin Hong Kong International Jewellery Shows Open Today as a New Round of Trade Fairs since Return to Normalcy

HONG KONG, Mar 1, 2023 – (ACN Newswire) – Social distancing measures came to an end, as the mask mandate was officially lifted today, expediting the recovery of business activities between Hong Kong, Mainland China and the rest of the world.

The 39th Hong Kong International Jewellery Show and the 9th Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council, open today at the Hong Kong Convention and Exhibition Centre in Wan Chai.

The Hon Cheuk Wing-hing, Deputy Chief Secretary for Administration of HKSAR (front row, 5th from L) ; Dr Peter K N Lam, HKTDC Chairman (front row, 6th from L); Margaret Fong, HKTDC Executive Director (front row, 7th from L) and guests attend the opening ceremony of the 39th Hong Kong International Jewellery Show and the 9th Hong Kong International Diamond, Gem & Pearl Show.

The Hong Kong International Diamond, Gem & Pearl Show offers a wide range of raw materials for jewellery and treasures

The 39th Hong Kong International Jewellery Show and the 9th Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), are the first major trade fairs being held at the Hong Kong Convention and Exhibition Centre in Wan Chai after the territory returns to normalcy. The twin shows run from today until 5 March.

The opening ceremony of the twin jewellery shows was held this morning with Deputy Chief Secretary for Administration, The Hon CHEUK Wing-hing, GBS, JP, as the guest of honour. Speaking at the ceremony, Mr Lawrence Ma, Chairman of the Fairs' Organising Committee, said: "The twin jewellery shows are the first major international trade event since the complete lifting of anti-epidemic measures, projecting a gradual recovery of economy and trade between Hong Kong, the Mainland and the rest of the world. I hope the shows will create more business deals and collaboration opportunities for global exhibitors."

Keen participation from the Mainland and overseas exhibitors

With the global economy moving towards normalcy, both mainland and overseas exhibitors are enthusiastic to participate in this year's shows, with over 2,500 exhibitors from 36 countries and regions. The HKTDC has also organised 100 buying missions from 70 countries and regions. A total of 20 pavilions have been set up – including those from the mainland, Taiwan, Japan, Korea, Singapore, Sri Lanka, Thailand, India, Turkey, Israel, Germany, Italy, Belgium, Brazil, Colombia and the United States.

Renowned jewellery industry organisations, such as the Asia Pacific Creator Association, International Colored Gemstone Association, Tanzanite Foundation and T-GOLD+METS Pavilion – co-organised by the Hong Kong Jewellery & Jade Manufacturers Association and the Italian Exhibition Group – also return, signalling the confidence of international companies in Hong Kong as a business platform.

Seventeen themed zones gather world-class jewellers

Exhibitors value the first trade fairs after the pandemic and bring a wide range of valuable and unique jewellery items to both shows. This year's Hong Kong International Jewellery Show features 17 themed zones, including the Hall of the Extraordinary, Hall of Fame, Designer Galleria and World of Glamour, which showcases jewellery from local brands. A number of jewellers present high quality and distinct jewellery, including an exquisite jadeite bead necklace (On Tung Company, booth no: GH-C10); a classic elegant Burmese ruby ring (Fai Dee Limited, booth no: GH-C31); and a uniquely-crafted zodaria bracelet, a panther-shaped diamond bracelet in gold (Nico Juliany SL, booth no: GH-G03).

Also featured at the show is the 21st Hong Kong Jewellery Design Competition Open Group award-winning pendant in 18K gold, diamonds, rubies and sapphires (Charente Fine Jewelry, booth no: 1CON-008). Additionally, a Korean exhibitor has brought along a magnificent brooch inspired by the natural bracken plants of Jeju Island (Gina Fine Jewelry Creator, booth no: 1CON-024), highlighting the refined, beautiful wares with sophisticated craftsmanship.

The Hong Kong International Diamond, Gem & Pearl Show, held at the same time as the Jewellery Show, showcases the finest diamonds and pearls as well as quality gemstones and raw materials for jewellery from various origins in the Hall of Fine Diamond, Treasures of Nature and Treasures of Ocean. The show features natural coloured diamonds with cushion, oval pear, heart cuts and premium black opals from the Lightning Ridge in northern New South Wales, Australia; drop-shaped and hole-drilled emeralds; Canadian Ammonite and Ammolite; Mexican fire opals and various pearl products.

Various seminars and forums to facilitate business exchange

A number of seminars, forums and parades will be held during the twin jewellery shows to facilitate networking and keep participants abreast of the latest industry trends. These include a seminar titled "Hong Kong Jewellery Industry Shines over the World" and a buyer forum on "Updated Market Trend of Jewellery Market in ASEAN Markets" tomorrow (2 March). There will also be seminars on "Ammolite – A 71 Million-Year Natural Treasure only from Alberta, Canada" (3 March) and "Jewellery Industry: Go Smart and Green" (4 March) and more.

The results of the 24th Hong Kong Jewellery Design Competition – which aims to raise the standard and quality of jewellery design, and to cultivate local creative talents – have been recently announced. The winning entries are currently displayed outside Hall 1E.

Twin jewellery shows run under the EXHIBITION+ online and offline hybrid model

As the pandemic accelerated the adoption of e-commerce, jewellery retailers are increasingly using social media and e-platforms to promote their brands and expand sales channels. To help companies adapt to the new normal, the HKTDC's EXHIBITION+ hybrid model combines physical fairs, the Click2Match smart business-matching platform, online-to-offline seminars and forums (Intelligence Hub), and the hktdc.com Sourcing platform. EXHIBITION+ extends face-to-face interaction and promotion activities from physical exhibitions to online.

The Click2Match smart business-matching platform for both jewellery shows is accessible from 1 to 12 March, allowing both buyers and sellers an extended period to meet online beyond the physical fairs to facilitate further collaboration.

Websites:
– Hong Kong International Jewellery Show: https://www.hktdc.com/event/hkjewellery/en
– Hong Kong International Diamond, Gem & Pearl Show: https://www.hktdc.com/event/hkdgp/en
– Activities Schedule: https://www.hktdc.com/event/hkjewellery/en/intelligence-hub
– HKTDC Media Room: https://mediaroom.hktdc.com/en
– Photos download: https://bit.ly/3YffTnk

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
Please contact the HKTDC's Communications & Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC: Creativity showcase raises curtain on jewellery shows

HONG KONG, Feb 24, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), The 39th HKTDC Hong Kong International Jewellery Show and 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show, will be held from 1 to 5 March at the Hong Kong Convention and Exhibition Centre. As a curtain-raiser for the twin jewellery shows, the 24th Hong Kong Jewellery Design Competition was announced at the press conference (16 Feb). The competition was jointly organised by the HKTDC, the Hong Kong Jewellers' & Goldsmiths' Association, the Hong Kong Jewellery & Jade Manufacturers Association, the Hong Kong Jewelry Manufacturers' Association and the Diamond Federation of Hong Kong. It promotes local jewellery design excellence, nurtures talent for the industry and showcases Hong Kong-made jewellery to international buyers.

Winners and guests at the awards presentation ceremony of the 24th Hong Kong Jewellery Design Competition

Open Group Best of Show Award – Title of design: Dandelion. The Power of Life; Designer: Tang Yuk Ying; Category: Pendant/Brooch

Student Group Champion and Craftsmanship and Technology Award – Title of design: life – cybercity; Designer: Mak Tin Long; Company: Chow Tai Fook Jewellery Group Master Studio; Name of school: VTC Youth College; Category: Pendant/Brooch

Themed "The Origin of Life", the competition was divided into the Open Group and Student Group. Hong Kong design talents were encouraged to create and craft enthralling jewellery pieces based on culture, upbringing and life experiences. This year's competition received nearly 100 entries. The winners were chosen by a panel of seven judges based on four criteria – creativity and innovation, aesthetics, craftsmanship and wearability, topic relevance and marketability (for the Open Group only). Winning pieces will be displayed at the Hall 1E Concourse during fair period, allowing jewellery buyers and exhibitors to appreciate the creativity in Hong Kong's original designs.

Open Group brims with original ideas and exquisite designs

Three Best of Show Awards were given out in the Open Category. Tang Yuk Ying clinched the award with her pendant/brooch design Dandelion. The Power of Life. Using a rotating corolla adorned with green garnets, the designer vividly portraits the perseverance and bravery of the dandelion as its seeds ride the wind into the unknown and adversity, it can always take root, survive and thrive.

Another Best of Show Award winner was Law Tsz Wan. His design, Rice, pays homage to Yuan Longping, the "father of hybrid rice". The gold-green pendant/brooch illustrates the sparkling vibrance of a rice stalks and emblems Mr Yuan's invention and his contributions to mankind.

Xu Qihua and her bracelet/necklace design Ocean of Life took home the third Best of Show Award. The design originates from a Greek myth about dolphins guarding oceans. Depicting dolphins darting between waves, the designer urges the wearer to help protect the water resources, ocean and life.

Student Group exudes boundless creativity

To inspire more young design talents to join the jewellery design profession, the competition includes a Student Group, open to students from Hong Kong's registered schools. Mak Tin Long from the VTC Youth College, championed the Group with the pendant/brooch design Life – Cybercity. Its manufacturing company Chow Tai Fook Jewellery Group Master Studio won Craftsmanship & Technology Award. The design comprises of water molecules, tree roots, tree trunks and skyscrapers made of silver, enamel, topaz and zircon stones projecting a city built on water and Earth's mineral resources, illustrating the importance of harmony between urban development and the nature.

The Student Group's First Runner-up went to Lee Kwan Ho of the Hong Kong Polytechnic University. His men's jewellery series The Beetles was inspired by the World Tree, a mythical tree of life. The design features three rhino beetles living in the world tree with a lifespan of only one year, urging humans to experience and cherish life despite the transience of time, life and youth.

The Second Runner-up of the Student Group was Leung Kwok Yee from The Chinese University of Hong Kong. Her Taoist-inspired ring design The Creation of Entirety uses different materials to represent different elements of life: Pink and green tourmalines represent "yin" and "yang"; cabochon sapphire means the growth of different species; and the five elements are illustrated by white crystals, interlocking coin shapes (water) on the ring shank, cabochon sapphires on branches (soil and wood) and a burning fire shape in the middle.

Twin jewellery shows attract keen participation from global traders

From 1 to 5 March, more than 2,500 exhibitors will showcase exquisite jewellery items and raw materials at the Hong Kong International Jewellery Show and Hong Kong International Diamond, Gem & Pearl Show. Various seminars and events will be organised to allow industry players to stay up-to-date and explore further business opportunities. Topics include Bling Up Your Business with Blockchain & NFT, Hong Kong Jewellery Industry Shines over the World, THE JEWELLERY TRENDBOOK 2024+ 'From Consumer Culture to New Market Opportunities', Jewellery Enamelling: The Techniques, Introduction of 'Dealers in Precious Metals and Stones' Registration Regime, Ammolite – A 71 Million-Year Natural Treasure only from Alberta, Canada, Achieving SDG of Jewellery Testing and Certification Industry through Innovative Integration of Industry, Education, Research and Application. For details, please check https://www.hktdc.com/event/hkjewellery/en/intelligence-hub.

Fair websites
– Hong Kong International Jewellery Show: https://www.hktdc.com/event/hkjewellery/en
– Hong Kong International Diamond, Gem and Pearl Show: https://www.hktdc.com/event/hkdgp/en
– Events and Seminars: https://www.hktdc.com/event/hkjewellery/en/intelligence-hub
– HKTDC Media Room: https://mediaroom.hktdc.com/en

Photo download:
– The 24th Hong Kong Jewellery Design Competition Award Presentation Ceremony: https://bit.ly/3ILdkFa
– Winning pieces from Open Group and Student Group: https://bit.ly/3ZcgTJR

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
Please contact the HKTDC's Communications & Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org
Dino Chen, Tel: +852 2584 4137, Email: dino.f.chen@hktdc.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Jewellery twin shows burnish Hong Kong image

HONG KONG, Feb 16, 2023 – (ACN Newswire) – The Hong Kong Special Administrative Region Government (HKSAR) has removed restrictions on travel between Hong Kong and Mainland China and lifted vaccination requirements for overseas visitors to the city. The moves will boost global trade between Hong Kong, Mainland China and the world at large. The Hong Kong Trade Development Council (HKTDC) has been actively promoting the territory's advantages through different channels and exhibitions. The 39th Hong Kong International Jewellery Show and 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show, organised by the HKTDC, will be staged at the Hong Kong Convention and Exhibition Centre (HKCEC) from 1-5 March 2023, as a launch pad for a new round of trade fairs to help Hong Kong companies capture global business opportunities.

Sophia Chong (centre), HKTDC Deputy Executive Director, Lawrence Ma (L), Chairman, HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show Fair Organising Committee, and Winston Chow, Chairman, HKTDC Jewellery Advisory Committee, attended today's (16 February) press conference to introduce the twin jewellery shows.

Winners and guests at today's prize presentation ceremony for the 24th Hong Kong Jewellery Design Competition

Artist Tiffany Lau and other models present stunning jewellery pieces.

Sophia Chong, Deputy Executive Director of the HKTDC, said: "We are happy to see positive feedback from international and mainland business communities on the relaxation of the pandemic prevention policies in Hong Kong. We observed a gradual return of overseas and mainland participants in exhibitions and conference held in January. This year, the twin jewellery shows are attracting more than 2,300 exhibitors from 34 countries and regions, with half of them from overseas. The fairs will draw 100 buying missions with more than 10,000 non-local buyers from 70 countries and regions, showing significant increase in both non-local exhibitors and buyers compared to last year. We believe the exhibition industry and international trade will benefit directly from full relaxation of quarantine measures later this year."

The HKTDC will focus on two key aspects – markets and sectors – to promote Hong Kong as a business hub and help trade regain momentum. The HKTDC will focus on promoting Hong Kong as the preeminent two-way bridge between the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Association of Southeast Asian Nations (ASEAN); between Asia and the world. Apart from GBA, Regional Comprehensive Economic Partnership (RCEP) countries, traditional and emerging markets remain our regional focus for promotion. Apart from facilitating trade and exports of various industry sectors, the HKTDC will also reinforce Hong Kong's leading role in innovation & technology, health & wellness and sustainability.

Hong Kong fine jewellery exports rally

After the pandemic brought a 20% decline in 2020, Hong Kong's fine jewellery exports benefited significantly from relaxed quarantine measures. The value of Hong Kong's fine jewellery exports last year rose 18% to HK$71.4 billion (US$9.1 billion), as compared to 2019. While there was a 40% growth in Hong Kong's jewellery sales to ASEAN markets, the exports to the United Arab Emirates, Italy, Australia and Taiwan also showed an encouraging increase.

Group pavilions include Mainland China, Japan, Korea and Germany

The twin shows will feature 20 group pavilions including those from Mainland China, Taiwan, Japan, Korea, Singapore, Sri Lanka, Thailand, India, Turkiye, Israel, Germany, Italy, Belgium, Brazil, Colombia, the United States and others. A number of jewellery associations will return to the fairs and show support, such as the Asia Pacific Creator Association, International Coloured Gems Association, Tanzanite Foundation, and the Hong Kong Jewellery & Jade Manufacturers Association which organises T-GOLD+METS pavilion with Italian Exhibition Group and many more. The overwhelming response proves Hong Kong is an attractive platform for international companies.

Highlighted zones present exquisite jewellery

The Hong Kong International Jewellery Show will feature 17 zones. Amongst all, the Hall of Fame will gather 18 jewellery brands, including Hong Kong's ASIAN STAR, Spain's CARRERA Y CARRERA, Italy's Oriental Jewels and Thailand's Key Gems; Hall of Extraordinary will showcase masterpieces from about 60 exhibitors, such as Dehres, United Jewelry, On Tung Company, and Continental Diamond from Hong Kong, Switzerland's Thomas Faerber SA, DIACRAFT Inc from the US, Germany's Heinz Mayer, and Italy's Crivelli s.r.l.; Designer Galleria will feature precious pieces from 25 jewellery designers from across the world. Participating designer brands include Green G, Starlite Jewellery and CULTURED from Hong Kong, Korea's Gina Fine Jewelry Creator, Taiwan's Dian-Ta Design Studio and more.

The Hong Kong International Diamond, Gem & Pearl Show consists of three product zones, including Hall of Fine Diamond, Treasures of Nature and Treasures of Ocean showcasing premium quality diamonds, gemstones and pearls.

Over 20 inspiring events help businesses stay up-to-date

The twin jewellery shows will organise over 20 seminars and events covering various topics such as Bling Up Your Business with Blockchain & NFT, Hong Kong Jewellery Industry Shines over the World, THE JEWELLERY TRENDBOOK 2024+ 'From Consumer Culture to New Market Opportunities', Jewellery Enamelling: The Techniques, Introduction of 'Dealers in Precious Metals and Stones' Registration Regime, Ammolite – A 71 Million-Year Natural Treasure only from Alberta, Canada, Achieving SDG of Jewellery Testing and Certification Industry through Innovative Integration of Industry, Education, Research and Application. These seminars and events will allow industry players to stay up-to-date and explore further business opportunities. There will also be various networking events and jewellery parades during the shows. In addition, the winning pieces of the 24th Hong Kong Jewellery Design Competition will be displayed during the fair period.

The shows will run under the EXHIBITION+ physical-online hybrid model, which includes HKTDC-organised physical fairs, the smart business-matching platform Click2Match, online-to-offline seminars under the Intelligence Hub and the hktdc.com sourcing platform. This extends face-to-face interactions from physical exhibitions to an online, smart business-matching platform to help enterprises proactively connect with business partners. The Click2Match platform for the two fairs will be accessible from 1-12 March 2023, letting exhibitors and buyers continue conducting business discussions online after the physical shows.

Websites:
– Hong Kong International Jewellery Show: https://www.hktdc.com/event/hkjewellery/en
– Hong Kong International Diamond, Gem & Pearl Show: https://www.hktdc.com/event/hkdgp/en
– Interesting Products: https://bit.ly/3K8Xwgt
– Activity List: https://www.hktdc.com/event/hkjewellery/en/intelligence-hub
– HKTDC Media Room: https://mediaroom.hktdc.com/en
– Photo download: https://bit.ly/3lHyKtw

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
Please contact the HKTDC's Communications & Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Malabar Gold & Diamonds Continues Rapid Expansion; Opens its 300th Global Showroom in Dallas, USA

DALLAS, TX, Feb 4, 2023 – (ACN Newswire) – The grand inauguration of the 300th global showroom of Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with a strong retail network of 300 showrooms across 10 countries, was held in Dallas, USA.

Ms. Susan Fletcher, Collin County Commissioner and Mr. Jeff Cheney, Mayor of Frisco, Texas, jointly inaugurated the showroom in the presence of Mr. Shamlal Ahamed, Managing Director, International Operations. The event was virtually attended by Mr. M P Ahammed, Chairman, Malabar Group; Mr. KP Abdul Salam, Vice-Chairman, Malabar Group; Mr. O Asher, Managing Director, India Operations, other team members, well-wishers and dignitaries.

"It is a moment of great pride for us as we touch the 300th mark with this new showroom in Dallas, USA. We started off with a small showroom in Calicut, Kerala, India and today, in less than 30 years, we have a strong retail presence of 300 showrooms across 10 countries; all thanks to our customers, shareholders, employees and other stakeholders. We will continue to strengthen our retail presence in the regions where we have established a robust presence, as well as enter new markets with our differentiated products, services and assurances. The acceptance and patronage received by the brand gives us the confidence to further speed up the expansion process in becoming the No. 1 jewellery retailer globally," said Mr. MP Ahammed, Chairman, Malabar Group.

Malabar Gold & Diamonds currently operates in 10 countries and has immediate expansion plans into the UK, Bangladesh, Australia, Egypt, Canada, Turkey, South Africa. The future expansions are expected to create approximately 6,000 job opportunities in the retail, manufacturing, technical and management areas related to jewellery trade.

"Malabar Gold & Diamonds has played a vital role in making Indian jewellery more acceptable and trustworthy at the global level in recent years. We are now crafting unique experiences targeting the individual and specific preferences of our customers. As the design discovery and initial decision-making of most customers are happening online these days, we are focusing greatly on strengthening our omnichannel retail strategy, for which we are making use of the services of global technology giants like Microsoft, IBM, Accenture, E&Y, Deloitte etc..," said Mr. Abdul Salam KP, Vice Chairman, Malabar Group.

Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience, and customer-friendly policies along with the 'Malabar Promise' of incomparable quality and service assurance. Malabar Promise includes assured lifetime maintenance from any of the showrooms across 10 countries, guaranteed buyback, IGI and GIA-certified diamonds ensuring 28-point quality check of global standards, zero deduction gold exchange, complete transparency, 916 hallmarked pure gold, responsible sourcing, fair price policy and fair labour practices.

"We are very excited about our future growth plan and will immediately be expanding into new markets, including the UK, Bangladesh, Australia and Canada, followed by Egypt, Turkey & South Africa. Apart from this, we will further strengthen our retail footprint within the existing markets as well. We constantly make efforts to evolve in line with the diverse preferences of our multicultural and multinational customers, as part of which we will focus further on product variety and a superior shopping experience, in addition to opening more stand-alone stores for local customers of the respective regions," said Mr. Shamlal Ahamed, Managing Director, International Operations, Malabar Gold & Diamonds.

The new showroom in Dallas has a stunning display of more than 30,000 jewellery designs from 20 countries across gold, diamonds, precious gems and platinum, catering to the design preferences of those residing in and around Dallas.

"We have an ambitious retail expansion plan in India as well, especially in the North and Central Indian states and are gearing up in a big way to enter new territories as well by setting higher standards in the jewellery trade. We understand the sensitivity of the industry and ensure compliance through responsible sourcing, ethical business practices, and transparent and professional fund management. Our association with trade bodies, financial houses, and government regulators help to ensure that our operations are infallible globally," said Mr. O Asher, Managing Director, India Operations, Malabar Gold & Diamonds.

"We will further strengthen our manufacturing capabilities to support our retail expansion drive globally. We will also be hiring skilled artisans and related staff as part of this process. This will also further bolster our mission, 'Make in India, Market to the World.' Keeping in line with the brand's outlook as a responsible jeweller, all our ongoing and upcoming facilities have and will be designed to provide safe and pleasant working conditions to the employees," said Mr. Nishad AK, Group Executive Director, Manufacturing & B2B, Malabar Group.

Malabar Group believes that the most successful companies are those which integrate responsibility and sustainability into their core business and commit 5% of their profit to support socially responsible purposes both in India and abroad, since its inception in 1993. Hunger, Health, Education, Women Empowerment, Housing and Environment are the key focus areas for the Group.

About Malabar Gold & Diamonds

Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.

With an annual turnover of $4.1 billion, the company currently ranks as the 6th largest jewellery retailer globally and today has a strong retail network of 300 outlets spread across 10 countries in addition to multiple offices, design centers, wholesale units and factories spread across India, Middle East, Far East & USA. The group, owned by more than 4,000 shareholders, has more than 16,500 professionals from over 26 countries working towards its continued success. Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes.

The group also operates MGD, Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.

CSR has been the primary commitment of the group since its inception; integrating ESG (Environmental, Social & Governance) principles into the core business. The key CSR focus areas of Malabar Group are Hunger, Health, Education, Women Empowerment, Housing, and the Environment. The ESG goals of the organization are periodically strengthened by integrating responsibility and sustainability to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation.

Ganesh Somwanshi
ganesh@bloomingdalepr.com
Managing Director- APAC

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Piper officially launches Luxury, Direct-to-Consumer, Jewelry Brand taking on High Margin Industry

NEW YORK, Dec 5, 2022 – (ACN Newswire) – Piper Jewels (http://www.piperjewels.com), the direct-to-consumer fine jewelry company, formally announces its launch. The company's goal is to challenge the $20+ billion U.S luxury jewelry market with its compelling direct-to-consumer offering. The founders of the company bring decades of fine jewelry design and manufacturing experience to the discriminating consumer who is looking for upscale jewelry design at an accessible price.

Piper has tapped into the efficiencies of e-commerce to bring the highest level of fine jewelry at a fraction of the price of high-fashion houses. They offer a full line of fashion jewelry with a primary focus on fine engagement and wedding jewelry. All pieces are made with the highest quality craftsmanship from ethically sourced materials.

According to Founder and CEO, Steven Messler, "We saw a major opportunity to provide the service, precision, and product level of a Cartier or Tiffany's, without the markups associated with those brands. Piper's vision is to provide the absolute best in design, product, and service at an affordable price. Until now, no online jewelry brand has done this."

All aspects of Piper's business reflect their commitment to disrupting this category. All of Piper's diamonds are ethically sourced to the highest standard following the Kimberley process. The company's world-class 60,000 square foot production facility in North America is SGS certified and has only produced jewelry at the highest level with state of the art manufacturing and tooling. According to Messler, almost all of Piper's craftsmen have been in the field for at least 15 years. Piper offers clients the ability to customize existing designs to reflect their personal taste and desires and they also provide a custom jewelry program for customers looking for special items.

Piper is driven to provide the highest-touch customer service. Their support team is available by phone or chat 7 days a week. Additionally, Piper offers a seamless return policy.

About Piper Jewels

The New York City and Austin, TX based jewelry company was founded by third-generation Jeweler Steven Messler and Entrepreneur Raja Joshi. A high profile list of advisors and investors from Retail and E-Commerce have led its current investment to date. For more information, go to http://www.piperjewels.com.

Media Contact:
Krista Deshayes,
Piper Jewels,
1(832) 386-5106,
Krista@Piperjewels.Com

This press release is issued through EmailWire(TM)(www.emailwire.com) – the global newswire service that provides Press release distribution with guaranteed results(TM).

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Poh Heng Encapsulates Women Empowerment with its Latest Freestyle Collection

SINGAPORE, Nov 30, 2022 – (ACN Newswire) – Poh Heng Jewellery, Singapore's hallmark jewellery brand, is celebrating women and freedom of expression with the latest addition to its Freestyle collection. Inspired by modern women, the bolt designs symbolise power and strength, while the bling designs represent expression of style, success and aspirations. Encased in dazzling gems, this collection makes a perfect gift for the upcoming festive season.

Celebrating Modern Women

Left: Bling Necklace; Right: Bolt Necklace

Bolt and Bling, Mix & Match Earrings

Available in both 18K white gold and 22K yellow gold, customers can choose from a total of 35 designs to enhance their style. Elegant, yet modern, the diamonds in each piece boast incredible craftsmanship that catches the light in any setting, making them perfect for any occasion. Poh Heng's Freestyle Collection has always been to provide wearers the freedom of expression to create one's own unique and personal style. Asymmetric pairing options are available for earrings, which allows greater flexibility for wearers to customise the jewellery based on their style and preferences.

Poh Heng has established itself as the go-to for meaningful jewellery pieces across generations, and we are constantly inspired by stories of real people and their lives that shape our design philosophy. This collection is inspired by the strength, individuality and resilience of modern women. Poh Heng wanted to create something that showcases women's tenacity while still giving them the freedom to express, choosing the pieces that speak to them.

Celebrating Modern Women

In celebrating women as overcomers, Poh Heng has also partnered with Patricia Tan, a local in-vitro fertilisation (IVF) fighter, to front the campaign. Patricia went through six years of IVF attempts before getting pregnant with her daughter in November 2019. Her tenacity saw her through the darkest storms in those years and she emerged as a Warrior. Poh Heng is proud to join hands with Patricia to celebrate women – a true force of nature.

Bold, sleek, and edgy, the use of the lightning and star motifs aim to encapsulate the sense of adventure through embodying the daily challenges that modern women face as well as their strength in getting back up.

Customers are encouraged to play with the different pairing options, mix and match the earrings based on their style, outfit and mood of the day. The designs in 18K gold are now available, while the 22K gold jewellery will be available on 9 December. For more information, please visit www.pohheng.com.sg.

About Poh Heng Jewellery

As a trusted jeweller and a specialist in gold for more than 70 years, Poh Heng Jewellery offers an extensive range of gold jewellery made of highest quality and hallmarked by the Singapore Assay Office for guaranteed purity. With its unwavering commitment to exceptional service and craftsmanship, Poh Heng continues to drive excellence in its design and product offering, and is recognised as a member of the Quality Jewellers of Singapore.

Website: www.pohheng.com.sg
Customer Service Hotline: 1800-POH HENG (1800-764 4364)

For Media Enquiries, please contact:
PRecious Communications for Poh Heng Jewellery
Pohheng@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Aurora set for major expansion after SET debut, first for jewel retail biz

BANGKOK, Nov 29, 2022 – (ACN Newswire) – Aurora Design PCL (SET: AURA), one of Thailand's leaders in gold jewelry retail business, diamond jewelry and gems, is going ahead with its planned expansion after being listed on the Stock Exchange of Thailand (SET).

With the kick-off of its shares on the Thai bourse today (29 Nov), AURA will proceed to add 143 outlets and expand the consignment business under the brand of 'Thong Ma Ngern Pai' (gold comes, money goes).

Aniwat Srirungthum, Chief Executive Officer of AURA, said the company is aiming at raising its retail network nationwide to 409 in 2024 from 266 at the end of last September 2022.

The new stores will cover greater areas of Bangkok and its vicinity, as well as cities and communities to increase access to customers in additional potential areas across the country, he added.

Meanwhile, AURA has set its sights on strengthening its consignment business – whereby AURA sells gold jewelry retail, diamond jewelry and gems on behalf of the owner – to 3,846 million baht in 2024.

AURA has shown its potential as the first Thai stock engaged in the gold jewelry retailing business, focussing on developing and introducing new products and brands to create variety, and proactively enhancing online platform services to reach customers of all genders and ages on its pathway to become the leader of gold jewellery retailer in Thailand.

Mr Aniwat said: "We aim to create diversity and a brand that is different from competitors through product innovation and new brands to meet the needs of all kinds of customers, and providing a seamless shopping experience, expanding sales channels, both online and offline while enhancing service by developing new applications to promote sales and creating maximum customer satisfaction.

"These efforts will ensure sustainable growth for the company."

Pongsak Phrukpaisal, Managing Director of Kasikorn Securities PCL which serves as financial adviser and underwriter of AURA, noted that the company deals with a comprehensive range of gold, diamond and gem jewellery, and leveraging on technology to drive product innovation and new brands.

The company is also able to accommodate customers' needs on every occasion while pursuing the consignment business of gold ornaments – a business with potential growth in the future.

Because AURA is the first stock involved in the complete gold jewelry retail business diamond jewelry and gems business on the SET, there has been an enthusiastic response from institutional and retail investors during the past initial public offering (IPO) subscription period.

"Clearly this is due to the fact the company possesses a robust business background and opportunities for future growth," Mr. Pongsak concluded.

Note: Investments involve risks. Investors should understand the characteristics of the product, return conditions and risks before investing.

See https://www.aurora.co.th [SET: AURA].
Released for Aurora Design PCL by MT Multimedia Co Ltd
Thiyaporn Sriadunphan (Dah), T: +66 (0) 87 556 6974, E: thiyaporn.s@mtmultimedia.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Hong Kong Watch & Clock Fair and Salon de TE conclude

HONG KONG, Sep 12, 2022 – (ACN Newswire) – Jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades & Industries Ltd, the physical shows of the 41st HKTDC Hong Kong Watch & Clock Fair and 10th Salon de TE drew to a successful close yesterday. This year's fairs adopted the new EXHIBITION+ hybrid model, attracting more than 6,200 industry buyers to visit the physical fairs and browse products online, as well as more than 25,000 public visitors to shop for exquisite timepieces. The online fairs will continue to run until 6 October. As of today, the HKTDC has already arranged more than 1,200 business meetings, enabling more global watch and clock traders to explore business opportunities through the fairs' online platform.

The physical part of the 41st HKTDC Hong Kong Watch & Clock Fair and 10th Salon de TE concluded successfully yesterday. The World Brand Piazza at Salon de TE presented 12 renowned international brands.

Industry experts examined the industry's prospects, trends and marketing strategies at the Hong Kong International Watch Forum, Asian Watch Conference and a seminar on the theme "Cross-Border eCommerce: How to Win in Southeast Asia".

A number of product launches were held during the fairs. Renowned Hong Kong athletes including track athlete So Wa-wai, six-time Paralympic Games gold medallist, made an appearance at the product launch.

HKTDC Deputy Executive Director Sophia Chong said: "Although numerous sectors around the world, including the watch and clock industry, have been hard hit by the pandemic, we are pleased to see that affordable luxury watches are a hot pick in the market, and that watches featuring innovative technologies and sustainable elements are part of the new fashion trend. This year, the two fairs showcased a wide range of trendy, high-quality products from notable brands. Exhibitors were also able to capitalise on retail opportunities driven by the recent disbursement of the government's consumption vouchers."

E-tailing presents new business opportunities, fairs give exhibitors a retail boost

The HKTDC conducted an on-site survey with exhibitors and buyers during the fairs to gauge the development trends in the watch and clock industry in 2023. The survey found that the majority of respondents considered e-tailing (37%) and the recovering purchasing power of customers (28%) to present the biggest business opportunities. Of the exhibitors surveyed, 39% of them are engaged in e-tailing businesses, while 33% indicated an intention to invest resources in developing an e-tailing business over the next two years to capture more orders. Regarding product trends, respondents expected smart watches (47%) to be the most popular watch category in 2023, followed by mechanical watches (15%) and digital analogue watches (14%).

In addition, some exhibitors said that sustainability themed watches will be another key trend. Speaking at the MINI green watch series product launch during the fairs, Esther Wong, Founder and CEO of Acestar Concept Limited, said: "As people become more environmentally conscious, this green watch collection has become the talk of the town. Sales of the watch at the fairground did well and we have already sold about 1,000 pieces. A new buyer expressed interest in bringing MINI green watches to the United States and South American markets, while another new buyer from Mainland China is keen to cooperate with us by investing in the development of a new eco-friendly product. Overall, the response from both public visitors and trade buyers has been overwhelming."

The two fairs were open to the general public this year, with a lively buying atmosphere at the fairground. The on-site survey revealed that the per capita consumption of public visitors was HK$1,146. Mike Lam, Chief Operating Officer of Mira Watch International Ltd, said the traffic at the fair was very good. "The average per capita spending by customers at our booth is around HK$4,000-5,000. A mechanical sports watch priced at HK$10,000 has sold particularly well. We expect this year's on-site sales turnover to reach HK$1 million."

Click2Match helps industry players seize business opportunities

This year's fairs adopted EXHIBITION+, a brand-new exhibition model integrating online and offline trade show formats, extending face-to-face interactions from physical exhibitions to an online platform. To help overseas buyers maintain contact with exhibitors, the HKTDC mobilised its 50 global offices to invite international buyers to engage in business discussions with exhibitors via video conferencing. In addition, the HKTDC utilises its smart business-matching platform, Click2Match, to generate AI-recommended leads for exhibitors and buyers until 18 September. The platform also provides functions such as a meeting planner, instant messaging, video conferencing and file sharing to facilitate communication between buyers and exhibitors. The online fairs will run until 6 October on hktdc.com Sourcing where trade buyers can continue their sourcing journey at their own convenience.

The renowned Swiss brand Victorinox, famed for its army knives and sporty watches, was at the Watch & Clock Fair to source watch parts and components. Kelvin Lo, Head of Sourcing – Watches, Victorinox Dongguan Company Limited, said: "Through the HKTDC's Click2Match platform and its business-matching team, we set up physical meetings with six parts and components suppliers before the opening of the fair. The platform proved to be effective in helping us identify suitable suppliers in advance. Following business negotiations at the physical fair, we have been successful in finding five potential suppliers, one of which has adopted a brand-new technology to produce leather straps."

Chit Tat Clock and Watch Company Limited was another exhibitor that was able to connect with overseas buyers via the Click2Match platform. The company's General Manager, Philip Lau, said the brand focused on selling its stock to consumers at the fair, helping to expand its retail business. In addition, the company arranged more than 20 online meetings with overseas buyers via the Click2Match platform to conduct business negotiations after the physical fairs, with Mr Lau saying he was satisfied with the results.

Following a successful series of fairs over the summer, the HKTDC will hold the Hong Kong Electronics Fair (Autumn Edition), International ICT Expo, electronicAsia, Hong Kong International Lighting Fair (Autumn Edition) and Hong Kong International Outdoor and Tech Light Expo from 13 to 16 October, all of which will adopt the EXHIBITION+ hybrid model. The model's round-the-clock services will boost the flexibility and effectiveness of business promotion for small and medium-sized enterprises (SMEs) and offer benefits ranging from extended fair periods and expanded platforms to enhanced business opportunities.

Fair websites
– Hong Kong Watch & Clock Fair: https://hkwatchfair.hktdc.com
– Salon de TE: https://hkwatchfair.hktdc.com/te
– Photo download: https://bit.ly/3xdWJ6u

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Media enquiries
Please contact the HKTDC's Communications & Public Affairs Department:
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org
Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com