Wednesday, November 23, 2011

Dubai International Jewellery Week - Millions of dirhams in sales reported during the show



The 16th edition of Dubai International Jewellery Week which ran from 10-13 November at the Dubai International Convention and Exhibition Centre dazzled visitors with its extensive display of rare gemstones, stunning jewellery collections, and lavish luxury lifestyle accessories from the world’s leading brands. 

The region’s largest and most influential jewellery show demonstrated its international standing with more than 270 exhibitors from over 25 countries showcasing the latest designs and trends to a discerning targeted audience of jewellery lovers and trade professionals.  Millions of dirhams in sales, confirmed orders and key business opportunities were reported during the four day show.

Many exhibitors showcased show-stopping luxury lifestyle accessories and unique objets d’art, including a AED6.4 million precious CAIJOU healing gemstone bathtub, two of which sold on the opening day of the show and another two which booked later the same day, a dazzling AED14 million ‘Mouawad’s 1001 Nights diamond purse’ created by Mouawad Jewellers as well as the USD10,000 gold sheesha from MSL Gold, who sold numerous pieces during the show.

“Dubai International Jewellery Week has consistently been a pivotal event for the jewellery and precious metals market in the Middle East,” said Trixee Loh, Senior Vice President of Dubai World Trade Centre, organiser of the event. “The high calibre suppliers combined with the high net worth buyers provides excellent return on investment for the exhibitors, and with local consumer confidence at an all-time high, Dubai International Jewellery Week has once again provided the best opportunities for both companies and consumers.”
 
Hammer Group, the largest multi-national German jewellery group in the world conducted sales with customers from all over the MENA region.  Marketing Manager, Ghassan Oueini, said:  “This year’s show has been even more successful than last year. We are thrilled to have achieved a number of sales and enquiries and were impressed by the quality and quantity of visitors from around the world. We received customers from Lebanon, Egypt, Jordan and Russia at our stand, highlighting the international reputation that the show holds.”

Commenting on the business opportunities enjoyed by exhibitor Dhamani Jewellers, who sold tens of millions of dirhams worth of jewellery during the show, Rohit Dhamani, Director said:  “We have witnessed unprecedented levels of business at the show this year and are grateful for the support received from the show organisers from top to bottom. We have seen a big jump in visitor numbers across all segments - wholesale and private. Overall a number of deals have been signed and contacts have been made with our target customers, so we are very happy.”

The importance of Dubai International Jewellery Week as a platform to present the latest trends and designs to the region and the world was further demonstrated at the third Dubai International Jewellery Design Awards. A much anticipated annual feature at the show, this year saw an exceptionally high standard of entrants across all segments. The designs of the top finalists in each themed category were crafted by the National Institute for Vocational Education and were on display at the show. The winners also won an online jewellery design course relevant to their level, run by the Gemological Institute of America (GIA).

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