UBM's June Jewellery Fair Sets New Record

July 22, 2013

The June Hong Kong Jewellery & Gem Fair concluded last month with new record attendance figures. Organised by UBM Asia, the show attracted a new record of 1,841 exhibitors from 37 countries and regions, and more than 25,900 visitors from 113 countries and regions.

The four-day trade show took place at the Hong Kong Convention & Exhibition Centre (HKCEC) from 20th to 23rd June 2013. UBM Asia reported the largest overseas visitor groups originated from mainland China (8,029), India (894), Taiwan (791), the Philippines (627), the U.S. (537), Japan (525), Thailand (525), Korea (462), Indonesia (372), Singapore (279) and Australia (277).

Celine Lau, UBM Asia’s Director of Jewellery Fairs, said, “The robust jewellery markets in Asia are filling some of the gap brought about by the weakness in the European and U.S. markets. This year, we again saw a double-digit growth in the number of buyers from the mainland China: 8,029, up about 15% from last edition. What was even more encouraging was the growth in visitor attendance from Vietnam, Ukraine and the Russian Federation of 104, 39 and 23%, respectively.”

The next edition of the June Hong Kong Jewellery & Gem Fair will take place at the HKCEC from 19th to 22nd June 2014.

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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.