Asian giants, a threat to jewelry industry

17 Jan '07

1 min read

India and other Asian countries like China and Thailand are rapidly taking over Italy as jewelry giants!

The high labor and production cost in Italy is adversely affecting the gems and jewelry industry.

Once the leading jewelry producing country in the world, is now struggling to compete on a global level.

Products from India are not only cheaper but are also high in quality and variety.

So, today, Italian manufacturers are talking drastic steps to revive themselves.

Emerging trend is collaboration with international fashion players that are especially elite in jewelry and accessories.

Experts believe such ventures will help domestic businesses first-hand access to latest styles and resources to achieve their goals!

Chanel, Gucci, Christian Dior and Versace are some of the names that stand out.

More Fashion News - Italy...

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!

THANK YOU!
Subscribe for Newsletter

More News

SI Group & Azelis partner to expand EMEA plastics additives network Oct 07, 2025

Safic-Alcan expands in Latin America with acquisition of Anders Oct 07, 2025

Germany’s BASF to showcase polyamide recycling tech at K 2025 Oct 06, 2025

Dow & MEGlobal expand ethylene supply for Oyster Creek plant Oct 06, 2025

Austria’s Borealis unveils Borstar Nextension PE technology innovation Oct 06, 2025

Asian giants, a threat to jewelry industry

Get Free Weekly Market Insights Newsletter

THANK YOU! Subscribe for Newsletter

More News

THANK YOU!
Subscribe for Newsletter