THE CITY OF VICENZA
Vicenza is not only one of Italy's most important gold manufacturing Districts, it is also one of the most charming art heritage cities in Northern Italy. Known as the "City of Palladio", Vicenza is an UNESCO World Heritage Site due to its exceptional artistic and architectonic wealth. Discover EasyVi, the portal that makes it easier to live and visit the province of Vicenza.
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IEG: VICENZAORO SEPTEMBER INAUGURATED WITH GREETINGS FROM MINISTER URSO
Opening ceremony in commemoration of Lorenzo Cagnoni, President of Italian Exhibition Group. CEO Corrado Peraboni: «The man who contributed to building IEG excellences» From today until Tuesday 12th , in Vicenza - Italy, over 1,200 exhibiting brands from 34 countries, 400 hosted buyers from 69 countries Jewellery sector exports worth 4.36 billion euros, up +9.3% in the first five months of the year compared to 2022. Turnover in the first six months at +10,2% USA still Made in Italy’s top market with a value of 583 million euros vicenzaoro.com | #discovermore Vicenza (Italy), 8th September 2023 – Inaugurated today with greetings from the Minister of made in Italy, Adolfo Urso, Vicenzaoro September - The Jewellery Boutique Show, Italian Exhibition Group’s international trade show for the gold-jewellery industry, ongoing until Tuesday 12th at Vicenza Expo Centre. VICENZAORO PLACES ITALY AMONG THE TOP 10 COUNTRIES FOR SECTOR EXPORTS «Once again, the Vicenza event provides the chance to enhance a sector that is able to place our country among the world’s top 10 gold and jewellery exporters, thanks to its ability to resist and overcome the most difficult moment. And with the value of exports standing at almost 10 billion in 2022, an increase of 40.0% compared to 2019, the pre-Covid reference year. The government has immediately looked at your sector with extreme interest and favour because you are able to encapsulate the essence of Made in Italy: tradition, quality, innovation and artistic creation» Minister Urso pointed out in his greeting.
The opening ceremony of the event, in commemoration of Lorenzo Cagnoni. The President of Italian Exhibition Group passed away last Tuesday at the age of 84. «A great community here at Vicenza closed in around the man who contributed to building all the excellences in Italian Exhibition Group’s portfolio,» the words of Corrado Peraboni, CEO of IEG, who thanked Luca Zaia, the President of the Veneto Region, for his opening message for Vicenzaoro. Along with IEG's CEO, institutional greetings also came from Giacomo Possamai, Mayor of Vicenza, Andrea Nardin, President of the Province of Vicenza, Roberto Marcato, Veneto Regional Councillor for Economic Development, Matteo Zoppas, President of ITA – Italian Trade Agency, and Claudia Piaserico, President of Federorafi, offered their institutional greetings (all statements attached).
SECTOR DATA, EXPORTS AND TURNOVER
The Italian gold and jewellery sector’s positive export trend is continuing. In the first five months of the year, according to data processed for Federorafi by Confindustria Moda’s Study Centre, foreign sales rose globally by 9.3% to a value of 4.36 billion euros, with the USA still the main market for Made in Italy, for a value of 583 billion euros (processed by Confindustria Moda’s Study Centre on ISTAT data for Federorafi). Club degli Orafi Italia, on the other hand, presented Vicenzaoro with the economic survey carried out in collaboration with Intesa Sanpaolo's Study and Research Department, which, updated on a six-monthly basis, brought the change in sector turnover to +10.2%, better than the fashion system and the Italian manufacturing average. Positive sentiment among the operators surveyed with 39% expecting an increase in turnover (a percentage broadly in line with the 44% reported at the end of 2022), showing that expectations are holding up. The most significant review concerned the domestic market on the part of smaller firms: the 36% who expected growth in the December survey fell to 23%, while the expectations of medium-large firms grew in reference to foreign markets from 61% to 67%.
INCREASINGLY GREATER INTERNATIONAL AIR
From today until Tuesday 12th September, Italian Exhibition Group's international b2b trade show will host more than 1,200 exhibiting brands from 34 countries at Vicenza Expo Centre with international participation covering 40% of the exhibition area for this edition. A total of 400 guest buyers will be arriving from all over the world (69 countries of origin in total), particularly from the USA, the Middle East and China, thanks to the incoming programme set up with the Ministry of Foreign Affairs and International Cooperation and ITA – the Agency that promotes Italian companies abroad and their internationalisation. NEW JEWELLERY COLLECTIONS, A LOOK AT FUTURE TRENDS What will the international community find from until Tuesday at the show? The new collections of both high and contemporary jewellery companies, together with precious stones and semi-finished products, accompanied by the trendiest packaging solutions and the innovative impetus of start-up technology: the entire supply chain that brings together Made in Italy and the style trends of emerging designers as well as the world preview of the new Trendbook 2025+ by Trendvision Jewellery + Forecasting, IEG’s independent observatory that outlines the global evolution of jewellery and consumption in the luxury segment for the next 18 months with AI as the main focus. A topic that CIBJO, the world jewellery federation, will also be discussing with the industry's most authoritative voices at one of its events on the agenda.
WATCHES: TIME AND VO’CLOCK
PRIVÉ TIME for the business community of international contemporary watch distribution operators. VO'Clock Privé, dedicated to the culture and passion for haute horlogerie, with public access from today until Sunday 10th (on prior registration on the Vicenzaoro website). IEG's show will strengthen the watch industry presence for two distinct audiences with the aim of attracting top timepiece brands, emerging independent brands, micro-brands and the components supply chain to Vicenza, along with the sector’s leading experts, who, in the case of VO'Clock Privé, will be the giving high-profile technical training seminars and divulging information to watch lovers or newcomers.
TOP HIGH JEWELLERY BRANDS
Top brands at the show will include the timeless creations of Damiani, Roberto Coin and its colourful collections with their clean and unmistakable lines, Crivelli from Valenza, which combines precious stones with different shades of gold, FOPE from Vicenza, with its patented technology of small springs that make gold link chains flexible, Florence-based Annamaria Cammilli, which has turned researching gold surfaces and textures into an art. Also on display: Roberto De Meglio, Valenza-based Palmiero, the Genoese group Gismondi 1754. Classic jewellery in the Veneto and Piedmont tradition: Leo Pizzo, Mirco Visconti, Davite & Delucchi, Giorgio Visconti and World Diamond Group. Among the international companies: Schreiner Fine Jewellery from Germany, known for its luxurious creations coveted by the royal houses of many countries, the English brand Yoko London, which selects the most unusual pearls on the market in terms of colour and size, Dámaso Martinez from Spain, and Autore, one of the world's largest producers of South Sea pearls. The German company Stenzhorn with its invisible settings, and Akillis from France with its rock-style jewellery.
Corrado Peraboni, CEO of IEG: "Here in Vicenza, a great community closed in around Lorenzo Cagnoni, the man who contributed to building all the excellences in Italian Exhibition Group's portfolio. His vision continues and looks far into the future: the president had been working for years with our stakeholders to carry out a major redevelopment of Vicenza Expo Centre, and is not this Group’s intention to forego that. In an effort that stems from his conviction: to keep Vicenzaoro in its current location, even while works are ongoing». Giacomo Possamai, Mayor of Vicenza: «Once again, the September edition of Vicenzaoro promises to be a hugely successful event. The leading European trade show is the industry's longest-running event (it will celebrate its 70th anniversary in 2024) and is one of the world’s top three B2B jewellery shows alongside the Hong Kong and Las Vegas shows. A source of great pride for our city, which, over the coming days, will be hosting more than 1,200 exhibiting brands arriving from 34 countries and 400 foreign buyers, demonstrating, through IEG, a solid ability to open the doors to the luxury world. IEG has achieved extraordinary results in recent years, and that is precisely why we have been in talks with President Cagnoni to define all the planning aspects related to the redevelopment of the Expo Centre so that it is in step with the times and at the service, not only of the city, but of the entire province.»
Andrea Nardin, President of the Province of Vicenza: «Vicenzaoro is historically the Vicenza show. The one that, in terms of numbers, spin-off and importance gave our city world fame and, above all, brought the world to our city. The gold and jewellery market has been addressed, embraced and, above all, developed in Vicenza for years. The artisans, the small workshops scattered around our territory, have become producers able to interact and establish themselves on international markets. All thanks to talent and creativity, technical knowledge and ingenuity, which are the raw materials of a quality product. Over the years, Vicenzaoro has grown to encompass the world of jewellery, precious stones and, more recently, watchmaking. We have always looked forward, we have always thought big. And I am pleased to see that even IEG, which is a confirmed leader in Italy and the world, thinks like us, so much so that it is planning investments in Vicenza. A willingness that we can only share, in the common aim of making sure that Vicenza, and Vicenzaoro in particular, continues to be a reference point for international markets. A place where we talk about economy, work and trade, but also where we find hospitality, a warm welcome and an area to visit and experience». Claudia Piaserico, President of Confindustria Federorafi: «This edition of Vicenzaoro comes within a very particular situation for the jewellery sector,» said Claudia Piaserico, President of Confindustria Federorafi. «In fact, after two years of extraordinary performance, in recent months, the predictable slowdown has occurred. Nevertheless, overall exports in the first 5 months were still largely positive (+9.3%) and industrial production, thanks to the boost of the early months, has remained at the levels of a year ago (-0.1%), unlike many other Italian manufacturing sectors that have, instead, shown significant downturns. We have therefore entered the stage where businesses will have to consolidate the growth. From this point of view, I am comforted by the employment figures for the first half of the year (+1.5%). From the upcoming event, I expect confirmations from international buyers and Italian retail so that we can make the best projections as early as 2024. If the expected responses arrive, we will face the many obstacles that are weighing on our businesses, such as inflation, the slowdown of several markets, like Germany, or China's difficulties in opening up to made in Italy, as well as the prolonged Russian-Ukrainian conflict, with greater vigour».
Roberto Marcato, Veneto Regional Councillor for Economic Development: «I always appreciated President Cagnoni’s politeness, sensitivity and quick thinking, qualities that will be missed by all of us and that make this inaugural moment difficult. The trade show that kicks off today starts with numbers that give us hope for the future of the economic fabric of our territory. 2022 saw a 105% growth in exports compared to 2020, which demonstrates Veneto's rabid ability to react in the face of critical issues. Always. What’s more, twothirds of the companies in this sector are registered in the trademark register and this provides the measure of the quality that we are able to express. This is the only way we can be competitive: by giving quality that cannot be replicated anywhere else in the world. The ability that this country has in evoking emotions, beauty and luxury does not exist anywhere else".
Matteo Zoppas, Presdent of ITA: «The goldsmith art is a symbol of Italy's manufacturing tradition, the quality of which has been appreciated worldwide for centuries. The sector has had to face numerous challenges in recent years between the pandemic, particularly impactful rising energy costs and difficulties in procuring raw materials and manpower. Yet, the goals achieved have been formidable and export results confirm this. In 2022, almost all the industry's turnover - approximately 10 billion euros - was generated by exports, which reached 9.7 billion euros (+19.5% compared to 2021 and +36.8% compared to 2019) and were still going strong in the first five months of 2023: 4.3 billion euros (+7.7% YoY, net of costume jewellery). The gold districts, throughout the peninsula, count almost 7,000 companies which ITA intends to support in terms of the trends that are being defined: from further growth on world markets, to innovation linked to digital and new technologies, from sustainability to the fight against counterfeiting. This explains our support for Vicenzaoro, which provides a unique opportunity for matchmaking between Italian companies and foreign buyers (100 at this edition, mainly from the U.S.A, Southeast Asia and Sub Saharan Africa, plus a further contribution for the assistance of another 300 operators). Our latest promotional initiatives include activating, in collaboration with Federorafi, an influencer marketing project to raise awareness among young consumers from the U.S.A. and U.K., and scouting for new partnerships with national entities and manufacturers from strategic countries in Sub Saharan Africa»
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