According to the results of market research conducted by Euromonitor International, in 2016 in "personal accessories" category of the best sales figure fell for jewelry, totaling $ 316 billion.
Jewelry also become the fastest growing segment in the industry of personal use of accessories, reaching three per cent growth in the period 2015- 2016.
Jewelry, which include jewelry and fine jewels, reached 15 per cent growth year on year in the segment of retail online sales, reached in 2016 $ 19 billion from $ 9 billion in 2011. It is noteworthy that 16 per cent increase in e-commerce fine jewelry more than online jewelry sales, which reached 12%, due to the fact that jewelery manufacturers are increasingly put them on the network.
According to the forecast, the goods in "personal accessories' category in the period 2016 -2021's expected annual sales growth of 4%, bringing its volume up to $ 633 billion. Jewelry will continue to show the best performance in terms of consumer demand in the Asia-Pacific region, especially in China and India, where he was sustained in the face of economic turbulence. Indonesia is expected to become the fastest growing economies in the world jewelry sales, which average annual growth of 7.8% in the period 2016 -2021 period. In second place is India, with growth rates of 6.9%, Inform us online resource Businesswire.
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Chinese bank ICBC Standard Bank is going to buy the London gold vault at the Deutsche Bank, so that it is planning to increase its presence in the spot market of precious metals in the British capital, according to Reuters.
ICBC, which last year acquired a controlling stake in the London Global Markets at Standard Bank, has applied for membership in the clearing house retail precious metals bullion. Chinese bank intends to fill the hole left by Western banks, which tend to get rid of assets in the commodity markets in order to reduce costs and reduce the regulatory burden on business.
Currently, five banks, namely JP Morgan, HSBC, Bank of Nova Scotia, Barclays and UBS, regulate the daily transactions of precious metals between traders in the spot London market totaling more than $ 5 trillion a year. These banks, which are shareholders of the company London Precious Metals Clearing (LPMCL), over the next few months will decide whether to accept or reject the application ICBC Standard Bank.
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