HKTDC Hong Kong International Jewellery Show's Attendance Up 3 Percent to 38,000 Buyers
March 5, 2012
The Hong Kong Trade and Development Council’s Hong Kong International Jewellery Show continued to draw strong attendance numbers, with the recent show attracting 38,000 buyers, a 3-percent increase, compared with last year’s event.
A significant portion of the attendance increase at the event, held Feb. 16-20 at the Hong Kong Convention and Exhibition Centre, came from the BRIC (Brazil, Russia, India, China) countries, with an 8-percent increase, compared with last year’s event.
Konstantin Zakirov, a buyer from Russia, said he attended the show “to source silver, cubic zirconia, gold and diamond jewellery.”
He added, “I’ve already met some good suppliers from Hong Kong and Thailand. And I am going to place US$1-US$2 million worth of orders here.”
Rapid economic development in the emerging markets, especially the Chinese mainland, has resulted in an expanding middle class, which, in turn, is creating huge product demand, according to show organizers.
“The HKTDC will continue to step up publicity in these emerging markets to help Hong Kong SMEs capitalise on the opportunities,” they added.
In addition to the 38,000 buyers, more than 3,100 exhibitors from 48 countries and regions took part in the show.
First-time exhibitors, such as Argentina-based Sandjewels, which specializes in black onyx jewellery, spoke positively about their company’s show experience.
“We have had business discussions with buyers from Brazil, Russia and Eastern Europe, and have made ourselves better known to Asian buyers, so our show objectives have been met,” said the company’s Richard Frounjian.
Jean Baptiste Senoble, a representative of Switzerland’s Senoble & Bryl SA, said his company also took part in the show for the first time.
“Our customers are high-end jewellers and collectors, mainly based in the United States and Europe, but we want to move into Asia, and this is why we are here,” he added. “We are particularly keen to develop the Chinese market, but we have also talked with buyers from Japan, Singapore and Taiwan.”
Next year’s show is scheduled March 5-9 at HKCEC.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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