money

Angola say goodbye to de Grisogono

Published on December 7, 2017

Fawaz Gruosi, al centro, all festa di de Grisogono al Festival di Cannes 2017

The decisions of the government of Angola intersect with the fate of the Maison de Grisogono ♦ ︎
The jewels are precious. They are an investment as well as an object to wear. So it is not surprising if, occasionally, the economic aspect dominates the aesthetic: in short, sometimes the vile money shines more than a diamond.
This is the case, for example, of the story told by the Bloomberg agency and which concerns the Geneva Maison de Grisogono. It is learned, in fact, that the minority shareholder of the company founded by Fawaz Gruosi is the government of Angola, and in particular Sodiam, a subsidiary of Endiama, the national mining company of the African country. Sodiam, therefore, has announced that it will sell its shareholding in de Grisogono. The decision has nothing to do with de Grisogono’s activity, but is dictated by “reasons of public interest and legality”. According to the American specialized website National Jeweler, de Grisogono is controlled by Sindika Dokolo, husband of Isabel Dos Santos, who is the daughter of former Angolan president Jose Eduardo dos Santos as well as being the richest woman in Africa, according to Forbes magazine.
Change of regime
In short, the newly elected Angolan president Joao Lourenco would like cut Angola from the commercial interests of his predecessor’s family. In fact, it has already removed Isabel Dos Santo from the summit of Sonangol, which is the powerful state oil company of Angola. The story was commented on National Jeweler by de Grisogono’s marketing director, Gianluca Maina, who sent a clarification via e-mail: «After a recent change of leadership, Sodiam, minority shareholder, announced plans to exit as investor in De Grisogono. This decision will have no impact on our majority shareholders who have reconfirmed their continued commitment to our brand and its future and we continue to have strong financial support “.
Public enemy
But the serenity of Fawaz Gruosi risks being disturbed by another obstacle: the negative campaign that leads the gem hunter Yianni Melas from some months. In essence, the explorer claims that de Grisogono does not sufficiently help African populations and for this reason he has implemented a series of protest actions against the Maison de Genève. For exemple, on the occasion of Christie’s auction sale of The Art of de Grisogono, an exceptional necklace with a 163.41 carat D diamond, extracted in Angola. Not even the announcement that 1% of the sale would be donated to Fundação Brilhante, an organization that promotes social change in the areas surrounding the mines in Angola, has been enough to appease Melas. Cosimo Muzzano

The price of diamonds is decreasing

Published on August 7, 2016

Anversa: anello con diamanti

The price of diamonds fell between 5% and 10%.
Tips for shopping. In fact, tips for cautious purchases, or for no one purchase. Rings with diamonds, or diamonds purchased at the bank or by specialized companies, they are seen as a safe investment. There is a good deal of truth in this (a percentage of truth, not an absolute truth). But this is true for the long period. If you’re thinking buying a diamond, and being able to sell in a few months or a few years with a sure gain, think again: it is not so. The diamonds, such as gold, is subject to variations of even heavy price. There are many factors that impact on the cost-price of a diamond and, of course, its authenticity and quality (also read https://gioiellis.com/diamanti-4-regole-per-evitare-truffe/). For example, geopolitical factors, such as wars, revolutions, epochal changes can pick up or drop the price of a diamond.
Falling prices
Recently Brexit (Britain out of the European Union) has created a climate of uncertainty in Europe, which adds to the difficult economic phase. This results in a period of weak demand for diamonds and the prices of stones are starting to fall. For example, the diamonds of 3 carats of high quality saw the plunging cost of about 5% in the past two months. In truth, it is a decline that continues for two years: in 2015, for example, the Antwerp market has recorded a 10% decline for the smallest pieces of average quality. And the giant De Beers (the biggest producer) said that the prices realized for the year to June 30, 2016, were 14% lower than the previous period. The merchants and the stonecutters of the Belgian city confirm the stalled or, worse bending. In China, the campaign against corruption by President Xi, saw reflected a rather significant slowdown on the consumption of luxury goods within the country, including the jewelry. This also has an impact on the wholesale price. Moral: a diamond is forever, but not its price. Federico Graglia

Anversa: valutazione di un diamante

Anversa: acquisti di un buyer

Anversa: diamante grezzo

Anversa: mercato dei diamanti

Anversa: anello con diamanti

Anversa: laboratorio di taglio dei diamanti

Anversa: gioielleria specializzata in diamanti

Jewelery online: they are the future?

Published on February 28, 2016

Acquisti online

The jewelers have the hours counted? There will only online stores? A news not too bright, but that makes you think, it is reported from the site Professional Jewellers: Payne and Son, who started his business in Kent in 1790 and then opened a branch in Oxford 146 years ago, it had to close its doors due the growth of online shopping. The jewelry has suffered a decline in sales at Christmas and they concluded that it could no longer compete with the online store. Not the first jewelry that closes due to the migration of jewelry sales on the online channel, especially purchases between 50 and 350 euro, but not only. Research by Federpreziosi curated by Spice-Research in collaboration with Studio EffeErre on a sample of 1,750 respondents indicates that for Valentine’s Day 2016, 28% of those who bought a jewel in Italy was based on what was seen in the windows, but almost equally, 27%, has been entrusted to the web.
The trend for the coming years
The search for Federpreziosi agrees with the result of analysis conducted in 2015 by Exane BNP Paribas Research together with Luxury Goods & ContactLab on the luxury market. According to the analysis of the French bank, the number of customers registered online and digitally contactable continues to rise. And the customers who are involved via the web then spend more in the store (+ 16%). Who can digitally contact customers, can develop cross-channel platforms (internet more physical store) and these cross-channel clients spend more (on average more than 60% of others). Finally, it is continuing to increase the share of online shoppers of luxury goods every year (from 30% in 2011 to 37% in 2014).
The developments
Jewelers should know that, according to this analysis, by 2020 the luxury brands will know virtually all of their clients, given that those registered online will be 45%, and those contacted by e-mail 41%. Ie almost 90% of all customers in-store will be followed online. And, to make matters worse: the ability to use an online platform will decide the success or failure for luxury brands, given that sales of e-commerce will be at least two or three times the current ones. Federico Graglia

Acquisti online

Tiffany ha da tempo affiancato alla rete di vendite nei negozi una robusta piattaforma online

Gioielleria a Hong Kong

Vetrina di gioielleria

Pandora at 2 billion

Published on January 8, 2016

The modular bracelets of Pandora, joined with earrings and pendants, are booming. Based on preliminary reports, the turnover of the Danish company for 2015 has increased by about 40% compared to 2014, reaching 2 billion. The increase in sales, we say to the lovers of finance, it has been facilitated by the favorable currency change over the previous year to about 11%. All regions in which they are distributed Pandora jewelry have contributed a double-digit growth in local currency in the fourth quarter, primarily driven, with growth than more Christmas sales than expected. Revenue we said. But how earns Pandora on every bracelet that sells? Here is revealed: gross margin (Ebitda) is around 37%. We translate for the layman. On a bracelet from 100 Euro, Pandora earns gross 370. This figure, however, we must subtract the interest (financial management), taxes (fiscal management), the depreciation of assets and depreciation. What remains are the net profits and will be announced in February. Federico Graglia

The high jewellery shine less?

Published on November 19, 2015

Cena, foto di Miles Aldridge

The trend recurs every time someone points out that fashion is not a fashion. Or, at least, that isn’t chic to be chic. The thesis, reported by the magazine online Jck, is by Sarah Quinlan, senior vice president and head of the group of analysts on the market of MasterCard Advisors. That means a company that studies where they go consumption. According to the expert, while total sales of jewelry have increased in recent months, the high end of the market shows weakness. According to Quinlan, spending is held back by high volatility in equity markets, by the decline of tourists in the United States, because of the strong dollar, and the re-emergence of the so-called “sin of luxury.” “It is no longer chic to be chic,” says Quinlan, according to which “the people have chosen not to show off their wealth.” The jewelry industry, in any case, will continue to go well, also because to receive as a gift a ring or a necklace is an experience that generates memory and, therefore, remains fixed in time. So, while clothing sales are falling, the jewels are supported by something that goes beyond fashion. Although the generation of Millennials watch the jewels of the medium price range.

Immagine da Vogue 1940

Cena, foto di Miles Aldridge

Immagine da Vogue 1940

Da Vogue 1940

Immagine da Vogue 1946

Cartier changes management

Published on November 8, 2015

Stanislas de Quercize assieme all'attrice cinese Gong Li

Tour of seats on the upper floors of the jewelery: the managing director (Ceo) of Cartier, Stanislas de Quercize, resigned and changes desk. The decision surprised many. The manager will be replaced by Cyrille Vigneron, president of LVMH Japan. On the other hand, de Quercize passes on the top floor: in fact, will be the new president of the group Richemont France, the parent company that controls brands of jewelry as Cartier and Van Cleef & Arpels. Vigneron is currently chairman of LVMH Japan (group which owns brands such as Bulgari, Chaumet and De Beers Diamond Jewellers) and has already worked for Richemont from 1988 to 2013. It is, in short, a return. The change of chairs will be formally in January 2016. Federico Graglia

Cyrille Vigneron (al centro)

Stanislas de Quercize assieme all'attrice cinese Gong Li — Stanislas de Quercize assieme all’attrice cinese Gong Li

Bracciale della serie Wild Cats di Cartier

Pandora golden quarter

Published on August 12, 2015

Collezione Pandora 2015

Big Business (mostly silver) for Pandora. The Danish company jewelry modular closed the second quarter with a turnover of 482 million Euros, an increase of 41.4% over the second quarter of 2014. Pandora flies in America (North and South), with a growth of 43.8% (19.4% in local currency), Europe grew by 38% (32% in local currency); Asia Pacific stood at + 44.1% (26.9% in local currency). The revenue coming from brand stores increased by 54.7% and corresponds to 59.3% of total sales. What is impressive are the gross profits: for every 100 euro of sales, earnings before taxes, depreciation, etc. (Ebitda) of eur 36.4. Finally, net income for the quarter: 122 million euro, compared to about 88 million euro in the second quarter 2014.

Collezione Pandora 2015

Fresh air for Misani

Published on July 28, 2015

Orecchini in oro

Misani, jewelry brand born in 1965 in Milan, and sold in late 2014 to entrepreneur Marco Bartolomei, shareholder and president of Sgr 8a +, is changing guide. At the top there are now Giorgio Damiano, who takes over as CEO, and Susanna Roda, former office style of Dolce & Gabbana, new creative manager. The idea is to revive the brand, especially in key international. “So far not much has been done because the production of Misani would be known outside its territory of origin,” it is the opinion of Damiano. “Misani is best known in northern Italy, less in the rest of the Peninsula, while abroad it was not achieved anything of consistent and continuous, but only a few extemporaneous initiative. We believe that the brand will be able to obtain large spread abroad, and we are already working on this. It’s time to let the world know the creativity of Ivo Misani, founder of the brand”. “We do not worry only of mixing elements known to develop new forms,” is the program Susanna Roda, “but we will try to combine different systems, keeping alive the research which the company has always held a lot.”
The brand’s history is linked to that of the founder, Ivo Misani (1938-1993), who in 1965 opened a goldsmith shop in Via Vincenzo Monti, in Milan, and began his career as a designer. In 1971, together with her sister Angela and other shareholders, Misani has opened a store at the Hotel Cala di Volpe on the Costa Smeralda. The success convinced him in 1974 to found the Misani Jewels. Among the most outstanding pieces of earrings in hammered sheet. But also the use of the leather. Then, the opening in Via Montenapoleone 12 and the collaboration with Japanese artist Hiromi Tochihara.

Orecchini firmati Misani

Susanna Roda

Orecchini in oro

Giorgio Damiano

Collana di perle

Anello Misani

The gold value falls out

Published on July 23, 2015

Vendere i propri gioielli ora non è conveniente

Who bought jewelry in the last eight years knows: the price has gone up a lot. The main cause is the price of gold, which had risen to $ 1,900 in September 2011. Then began the descent and now the price of gold has fallen 40% from their highs, to 1,000 dollars. I am now days that the yellow metal continues to fall: last time was in the 1996. The result is that the jewelry (in few months) will cost less, but also that if you want to sell now your earrings, rings and necklaces you don’t will gain the same figure a year ago.
It is a momentary descent? Difficult. There are three economic factors that drove gold down.
1. Strong Dollar A strong US currency harms the price of raw materials, which are measured in dollars, as it makes them more expensive for buyers. Gold should also be a hedge against inflation and currency devaluation.
2. China, Iran and Greece. Gold prices plummeted to $ 40 an ounce in a few minutes after the Chinese central bank said that accumulates reserves of gold at a slower pace than previously thought. Another reason: the US-Iran agreement eases the tensions in the Middle East and makes less unstable area. And the agreement between the EU and Greece has defused tensions in Europe.
3. Inflation. It is not part of concerns in the US, despite extremely low interest rates and years of massive bond purchases. The collapse of raw materials lowers inflation and inflation expectations. All of this pushes down the price of gold.
The gold will go down again? According to the investment bank Goldman Sachs pricing could fall below $ 1,000 an ounce for the first time since 2009. But not everyone agrees. We’ll see… Federico Graglia

Vendere i propri gioielli ora non è conveniente

Vetrina di una gioielleria

Lingotti d'oro — Lingotti d’oro

Gioielleria di Ponte Vecchio, a Firenze

La quotazione dell'oro negli ultimi mesi — La quotazione dell’oro negli ultimi mesi

To Partner Group Fund 25% of Tous

Published on July 14, 2015

Tous, Catalans jewelry brand, have become a bit Swiss. The 25% of the Spanish brand, in fact, was sold to Swiss Partners Group fund. The money collected, 130 million euro, will be used to finance the expansion of the brand abroad, particularly the US and Asia. Tous in 2014 had sales of 371 million euro (+ 10% on 2013). In addition to jewelry Tous also offers accessories, such as watches, leather goods, fragrances and eyewear. Tous, founded by Salvador Tous and Rosa Oriol in 1920, already has about 500 stores in cities such as New York, Moscow, Tokyo and Warsaw.

love mama tous, ciondolo in oro giallo 18 carati e madreperla in due misure. Prezzi: 279 e 145 euro

Marta Tous, directore ricerca e sviluppo di Tous, Salvador Tous, co-fondatore e presidente onorario, e Rosa Tous, corporate vice-president di Tous

Diamonds at stock exchange in Singapore

Published on July 10, 2015

Una cascata di diamanti

Diamonds come in Stock exchange. You can buy gems for investment, as well as passion and the pleasure of seeing them shine on the jewelry. Just as is the case for gold and, romantically hand, for materials such as oil or copper. But the novelty is that trading on diamonds can be done directly with real stones, not with financial instruments. The business will begin in Singapore in September. The Singapore Diamond Exchange Investment (SDIX) is developing technology exchange for the diamond market in an attempt to create a new asset class for investors, without the need to go through private intermediaries diamonds.
If you want to participate in the diamond market you be ready, however, to shell out a bit ‘of money. In Singapore you can buy and sell “baskets” of diamonds graded and certified in a laboratory, but also individual stones. The supply of the stones will initially assured by India’s Bharat Diamond Bourse. The new platform is the first of its kind in the world and differs from existing systems, such as the Singapore Diamond Exchange, which only allows you to buy diamonds, but not to trade them.
Beware, though: you must be aware that this type of investment is for experts. The diamond prices are chaotic. For example, after the increase in prices, in 2014 the stones already worked fells by almost 9% in 2014, according to estimates by Rapaport, the Bible operators gems. In addition, mark-ups on the price of origin increase the risk. A stone bought and sold wholesale retail can rise in price by an average of up to 200%. In short, investing in the diamond market is not as simple as buying a Bot, although it is probably more enjoyable. Federico Graglia

Una cascata di diamanti

Singapore skyline

Damiani in Hong Kong

Published on June 30, 2015

Damiani’s strategy involves expanding foreign markets. So the Piedmont brand inaugurated its new boutique in Hong Kong Landmark, department store of the Chinese city. Doing the honors was Giorgio Damiani, Ceo of the group, and guest of honor, the trend setter, model and former footballer Hidetoshi Nakata, founder of the humanitarian Take Action. The opening of the new boutique was also the occasion to present the Metropolitan Dream collection by H. Nakata, launched also in Shanghai with the Chinese actress Qin Hailu. “The Damiani brand is particularly popular in Hong Kong, where we have another brand at the Elements shopping mall and in general, throughout Asia, extremely important market for our brand where we are planning new openings,” said Giorgio Damiani, group vice president. F.G.

(Italiano) Damiani: più vendite con i monomarca

Published on June 15, 2015

Margherita Buy

Damiani for 2014 has increased in consolidated revenues from sales by 4.3% at current exchange rates (150.4 million). It’s a confirmation of a “solid and lasting growth” in the retail segment (+ 7.2%), which accounts for about 41% of total revenues. The profit is not there yet, but the losses were significantly reduced to 3.5 million against 8.6 in the previous budget. The board of directors of the group of Valenza approved the draft budget (which was closed on 31 March 2015). It improves, especially, the profitability: Ebitda (gross margin) consolidated exceeds 4 million euro (0,3 million euro in 2013). Apparently business is good, especially for single-brand Damiani, that between Italy and abroad, grew by 25%. In the wholesale segment also performed well (wholesale) most adversely affected in the past by the consumption crisis, it made a recovery with revenues up 2.4%. Damiani manages 54 direct points of sale, including 41 single brand. Investments around the world have, however, worsened the debt, which rose to 50.5 million against 40.8 at March 31, 2014: one overcooked inevitable if the company wants to support the expansion in markets outside the borders. An example is the project Damiani Ginza Tower, which is the transformation of a nine-storey building, located in the central Chuo-street of the Ginza district in Tokyo. In the building will be located the new Damiani boutique and a VIP room, which will occupy four floors of the building and the offices of the Japanese subsidiary of the group. The conclusion of the work of construction and the opening of the boutique is scheduled for the summer. Federico Graglia

Rocca 1794, corner Damiani

Da sinistra, Giorgio Grassi Damiani, la signora Montolivo, Guido Grassi Damiani e Riccardo Montolivo

(Italiano) Soldi: l’oro non scende più

Published on June 12, 2015

https://gioiellis.com/wp-content/uploads/2015/06/oro.jpg

News for those who love gold as an investment (and there are many). The price has fallen: it is appropriate to return to buy the yellow metal? And you keep in mind that the value of gold in the market is reflected sooner or later on the cost of the jewelry, so even if you do not plan to buy bullion, perhaps through an investment fund, you will be interested to know if in the next few months the price of ‘gold will rise or fall. For readers of Gioiellis publish exclusive analysis of one of the interesting banker: Nevine Pollini, senior commodities analyst at Union Bancaire Privée (UBP).

“We remain cautious on gold, since it seems stuck around 1180-1200 dollars per ounce, driven in opposite directions by two different forces: on the one hand there is the continuing uncertainty over the Greek debt crisis (positive factor for prices); on the other we find the strength of the dollar, supported by a series of positive macro data in the US (ISM manufacturing, construction spending and unemployment), it is increasing the expectations of a rise in interest rates by the Federal Reserve for this year, thus reducing the attractiveness of the yellow metal.
Last week, a downward revision by the International Monetary Fund estimates US growth for 2015 and its call for the Fed to delay the first rate hike in the first half of 2016 (until the appearance of increased signs of inflation ) did not have the slightest effect on the price of gold. The next meeting of the FOMC, scheduled for June 17, could provide clarity on the willingness of the Fed to implement a tight monetary policy later this year. However, as in the rest of the world other central banks, unlike the Fed, are maintaining expansionary monetary policies, these divergent trends are continuing to benefit the dollar and weigh on gold prices.
As for the Greek debt crisis, then, the country has been allowed to make all payments to the IMF in June in a lump sum, expiring on June 30. However, the risk of default was simply postponed and should reappear soon, probably triggering a buying haven assets. But until these events will continue to oppose, gold seems immune to both forces.
It ‘also interesting to note that the shares held by the ETFs continue to decline, with a total dropped to 51 million ounces, the lowest level since 2009. In addition, despite the recent market volatility, gold does not seem anyway able to regain its attractiveness as a safe haven.
At this point, the only salvation for gold prices could come from a considerable reduction in supply; also in this case, however, it will take time, because gold, unlike the base metals and the majority of the commodity, it is less sensitive to the performance of the offer, because of the amount of available stocks. It would require, in fact, two or three consecutive years of decline in output because come in a perception of scarcity and because this affects the sentiment on the yellow metal, creating a positive reaction on the prices of the same.”
Pepite d’oro
Il prezzo dell’oro negli ultimi due anni

Endless Jewels doubles with Jlo

Published on May 24, 2015

Jennifer Lopez per Endless Jewels

It was born less than two years ago, but is already a success: Endless Jewels, Danish jewelry brand that competes with compatriot Pandora, announced that it has expanded its chain of production and doubled its production capacity to meet the global demand for her jewelry. The brand was launched 21 months ago and has quickly become global is present in 21 markets, including Italy and the United States. It seems that one of the keys to success is due to the collection by Jennifer Lopez (https://gioiellis.com/jennifer-lopez-collection). According to founder and ceo of Endless, Jesper Nielsen, who by the way is also a former distributor of Pandora charms, “now our production facilities and have doubled the production capacity of charms, thanks to a partnership for the production of bracelets. We want to ensure the volume of production, but at the same time we do not want to compromise on quality. ” Nielsen also said it plans to enter new markets (the first will be those in Taiwan). Announcements are expected at the upcoming JCK Las Vegas, where he will be presented a new line always signed by Jlo. Federico Graglia

Bracciale Endless Jewels

Jesper Nielsen, fondatore di Endless Jewels

Bracciale Endless Jewels

Jennifer Lopez per Endless Jewels

Opens in Panama the Diamond Exchange

Published on May 1, 2015

The Panama Diamond Exchange (the 29th of this field in the world) opens under the best auspices, with the perspective of increasing the sale of the jewels in Latin America for about 14% by the end of the decade. A turnover that would amount, estimated at more than $ 9 billion, according to a statement by Judy Meana, vice president of Panama Diamond Exchange (Pde), the first diamonds and precious stones trading place of the South American continent, located into a hub, the Panama Gem and Jewellery Center, which in the future may contain up to 11 thousand jewelry stores.

Judy Meana, vice presidente di Panama Diamond Exchange

«The Latin American is a developing market, the figures are very encouraging and it is a sector that will bloom thanks to the fact that the jewelers of the region will have access to a large number and a wide range diamonds, precious stones, semi -preziose, gold, pearls and finished products», explained Meana to the Canadian daily newspaper La Presse. Good news also for the Italian jewelery system, consider that Fiera di Vicenza has signed a collaboration agreement with Pde (https://gioiellis.com/un-canale-panama-per-fiera-vicenza/). But in reality there are those who fear a downside: in fact, as pointed out by the manager, one of the advantages of the center is that buyers no longer have to travel around the world, for example the United States and Europe to find what they need. Then it will no longer be in a position to pay a premium price for something that is second hand. Not only that, the transaction will be tax-free, because the stock market has the status of a free zone. However, the Pde is expected to generate 3,000 direct jobs and 10,000 in related sectors and it will represent 3% of the gross domestic product of the country. And immediately the stockbrokers will be competitive with the Brazilian and Mexican colleagues. Federico Graglia

La sede di Panama Diamond Exchange

(Italiano) Boom in Cina per i gioielli online

Published on April 28, 2015

Is booming in jewelry and diamonds sold online. Especially in China, at least as revealed by cross of several studies, the results of which could partially change the widespread opinion that this market is too risky and daunting. The first sign of optimism comes from China Luxury Forecast, the annual publication on the key trends in the luxury market, which notes that 57 percent of Chinese consumers have developed greater confidence in online luxury shopping over the past 12 months compared with the previous year. The reason is partly due to the high rate of dissatisfaction (63%) with retail experience Hong Kong, a very popular destination among luxory shoppers, and in part to the ability to search and find on line brands not available in the country. Not only, consulting firm Bain & Company, estimates that online sells in China will grow by 25% per year, three times more than overall retail. Then there are eBay’s marketing managers, who believe that the average selling price of jewelry and diamond still has room to grow and that the e-commerce of luxury goods is a global trend, with jewelry and watches among the top three categories with the fastest growth. Finally, according to Fortune Character Institute, the Middle Kingdom represents nearly half of global luxury sales. In short it is not unrealistic to assume that China’s e-commerce can be transformed into a golden opportunity. Federico Graglia

Passione cinese per i gioiellis — Passione cinese per i gioielli

Gioielleria a Pechino

Gioielleria di Macao

Stroili will open 15 stores

Published on April 15, 2015

L'evento di Milano

For Stroili Italy is still Oro and goes to open new stores. The Friuli-based company said it had ended 2014 with a growth in turnover of 5% to 220 million euro. The term, we explain the benefit also of those who publish press releases without knowing what he writes, can indicate the ratio of sales to capital, while in other cases it is used as a synonym of revenues. It would not seem, however, the latter case. Moreover, Stroili also communicates to aim to consolidate its turnover in 2015. Waiting to know in detail the statement of 2014, you can only recall that in 2013 the revenues of Stroili spa was 238 million euro (-1.66% on the previous year), while the Ebitda (Ebitda) was down to 25.8 million (-20.28%). Finally, a net worth had dropped (the crisis has been tough for everyone) to 19.3 million (-62%). Not surprisingly, therefore, that the budget was in the red for 32 million, result in further decrease compared to the loss of the previous year (-8.6 million). Now, however, seems past the big chill for consumption and purchases. So much so that Stroili prepares the opening of 15 new stores in Italy, in addition to the 367 flagship stores, while it known that it is not on the agenda after the sale of the company based in Amaro (Udine), nor entry of new shareholders. At the time the company led by Maurizio Merenda is controlled by Investindustrial Andrea Bonomi (65%), 21 Investments (Benetton), Intesa Sanpaolo and Wise Venture, L Capital and Ergon Capital to 35%. Federico Graglia

Maurizio Merenda

La boutique in Corso Vittorio Emanuele, a Milano

People 24-35 buy more jewelry

Published on April 8, 2015

Davanti a uno store Tiffany

Young people between 24 and 35 years old, so-called “millennials,” spend more than others for jewelry. More precisely, in 2014 they bought jewelry for 28% more than the average. It is the conclusion of Edahn Golan, mega industry consultant and owner of Diamond Research & Data, a company specializing in the analysis of the jewelry industry and predict trends. But, in general, the jewelry is loved by young people: consumers under 25, for example, have increased their spending on jewelry of 100% between 2003 and 2013. This is also why the United States, in particular, jewelry sales last year increased by 1.4%. The US remains the largest market in the world for jewelry, with sales of $ 68.8 billion in 2014: the average expenditure was $ 434 per family. And if you also include the clocks, the average goes up to $ 612. Beware, though: Golan warns that consumers buy more, but spend less. Translated: they buy more jewelry, but spend less per piece. Another news: the people purchases jewels throughout the year, not just during the Christmas season. Indeed, in 2014, the sell in stores before 25 December fell by 1.2 per cent. If you know English and you are curious to know in detail the market trends seen by the guru Edahn Golan can download the entire report here. Federico Graglia

Interno di un negozio Tiffany

Anelli con smeraldi in gioielleria

Davanti a uno store Tiffany

Tous ok at Baselworld

Published on April 2, 2015

It is not true that Baselworld is a fair reserved only to the jewelry of the highest level, as demonstrated by the first presence of Tous. The Spanish brand of jewelry, this year took part, in fact, as an exhibitor with its collections. Her jewelry (https://gioiellis.com/tous-per-dire-miami/) goes more to innovation and design that the carat of stones and metals. The brand was founded in 1920, but under the guidance of Rosa Oriol and Salvador Tous has extended his lines with handbags, perfumes, watches, sunglasses and accessories, in an affordable luxury. And after Vicenza Fair, to say the company, Basel also has produced some results: the presence “has resulted in the signing of agreements to increase the number of outlets in a variety of international markets”, tells the Spanish group. According to Rosa Tous, corporate vice president of the brand, “as jewelry company and global multi-category, we saw this as a great opportunity to present our products to affordable luxury at the fair more international industry. We are very pleased with the warm welcome we received from jewelry and watches professionals, as this helps us to move forward in our plan for growth and expansion.” Tous is in Italy too, but now is expanding in Asia and the Middle East, the United States and South America. But not only that: “Our products are sold on five continents in almost 500 shops, some of them in new markets like Bulgaria, Azerbaijan, New Zealand and Angola”, said Rosa Tous. Federico Graglia

Marta Tous, directore ricerca e sviluppo di Tous, Salvador Tous, co-fondatore e presidente onorario, e Rosa Tous, corporate vice-president di Tous

lo stand di Tous a Baselworld

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