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July 2009 Archives

July 22, 2009

Tahitian pearls: Best for investment, pearl dealer opines

As one of the largest online store of Tahitian pearls, Cnepearls believes that black pearl from Tahiti are the best product for investment. As its president, Gordon Liang point out. “Tahitian pearls have best standards, assuring the consumer of their preciousness with government –imposed quality control measures.”

There has been talk of an oversupply of smaller Tahitian pearls, but Mr. Gordon disagrees. “Annual Tahitian pearl production, from top to bottom quality, is between 8 to 10 tones. If we made these pearl into necklace, they would probably to produce 10000 to 12000 strands per year .Calculating that against the number of consumers in the world, we can see that oversupply never been an issue. 

What then is the issue? Perhaps promotion and marketing, he said.

“The Tahiti pearl industry has fallen into the trap of not realizing its own potential or that of unseen markets. This is probably because Tahiti industry is composed of many family-based small-to-medium-sized companies that may not be able to promote the pearl as effectively as larger companies and brands can,” he said.

He believe that we need to tell the story that often goes unheard by the consumer and reveal the romance that goes unnoticed- that of pearl farming . “The dedication, professionalism, technical expertise and sacrifice of the pearl farmers are something that is not realized by the consumer. Even within Tahiti pearl industry, many people do not realize the tremendous energy and devotion that goes into pearl farming. The pearls are grown in the most remote, inhospitable, but pristinely beautiful, place in the world. One must constantly make adjustments to the changing environment of the sea and pay careful attention to the growing pearls, like that of a mother to a baby, on a daily, even hourly, basis. It is this tender care that gives the pearls their moon-like warmth and is the story that we need to tell to the consumer.

Beatiful Tahitian pearl jewelry:
Loose tahitian pearl beads  tahitian pearl ring  Tahiti pearl pendant necklace      
    Loose Tahitian pearl beads             Tahitian pearl ring             Tahitian pearl pendant               

July 24, 2009

Design competition promotes the beauty of south sea pearls

The 7th international South Sea Pearl Jewelry Design Competition received an eclectic array of designs from jewelry designer worldwide who highlighted the beauty of south sea pearls in the creations.

The competition attracted over 700 entries from around the world , including Australia, mainland China, Hong Kong, India, Italy, South Korea, Malaysia, Japan, Taiwan, Philippines, Thailand, Turkey and the United States. A new category has been added for students, and winners in this category are entitled to scholarships for jewelry design courses at the Gemological Institute of America (GIA).

Organized by the South Sea Pearl Consortium and sponsored by the Hong Kong Trade Development Council, the design competition is held every two years with the aim of raising consumer awareness of South Sea pearls.

The panel of judges for the competition comprises peter Osborne, senior trade commissioner international South Sea Pearl Jewelry Design Competition and deputy consul-general at the Australian Consulate General; Matthew Leung, head of design for the Hong Kong trade Development Council; Seung-hae Moon, director of global education at GIA , and Hong Kong celebrity Loletta Fok.

The prizes will be presented on March 1, 2009 during a gala dinner at the Hong Kong international Jewelry Show. The winning design will be show-cased at the fair. Photographs of the winning designs will be published in the April 2009 issue of JNA.

South sea pearl jewelry:

 Loose south sea pearl beads          Golden color south sea pearl pendant          White south sea pearl pendant necklace

  Loose south sea pearl             Golden southsea pearl pendant    White southsea pearl pendant

HK jewelry industry yet to see benefits of trade deal with China

Five year after the free-trade deal between Hong Kong and China came into effect, the jewelry industry has yet to benefit from it.


The Closer Economic Partnership Arrangement (CEPA) between the two markets, which came into force on January 1, 2004, allows a range of Hong Kong –made products, including jewelry, to enter the mainland free of import duty.


However, Hong Kong jewelry manufacturers believe that it will take a while for them to fully enjoy the benefits of CEPA owing, among other things, to the “very complicated” rules in the mainland.


“The concept of CEPA is beneficial to our business, but its implementation is another question. China’s laws and regulations are very complicated and each province and city or town has different rules. There are no standard rules yet,”said King Li, chairman of the Hong Kong jewelry and jade Manufacturers Association.


Mr. Li said the association is in the process of finding out more about the guidelines to help its members avail themselves of CEPA’s benefit.


Another reason jewelry companies are in no rush to avail themselves of CEPA is the 17-percent value added tax that is automatically imposed on imported jewelry, making Hong Kong –made jewelry still not very competitive price-wise, said the chairman of the Hong Kong jewelry Manufacturers Association, Aaron Shum. This despite the waiving of the import tariff rates of between 23.3 percent and 35 percent under CEPA.


“The Chinese market is still not mature,”said Mr. Shum.” There are still many restrictions. However, CEPA has a good advertising effect for Hong Kong jewelry, Already, consumers in China perceive merchandise”


Manufacturers specializing in more upscale designs have also expressed hesitation about exploring the sales potential in China as they believe demand in the market for higher-end designs will remain limited in the next few years.


Mr. Li said: Best sellers in China at the moment are those pieces retailing from around US$200 to US$300 apiece. This means that there are limits on the materials a manufacturer can use in order for the jewelry to remain I that price range, One can make only very basic designs and use basic materials such as diamonds or jadeite Given this limitation, our jewelry will not be very competitive because our overheads and our workmanship cannot be covered at that price.”

About July 2009

This page contains all entries posted to wholesale jewelry,pearl jewelry,cultured pearls in July 2009. They are listed from oldest to newest.

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