Bricks-and-mortar retail may not be dead just yet – online shopping giant Amazon’s £10.7bn purchase of grocery store Whole Foods last week proved that – but new research shows that consumer spending is rapidly shifting from the high-street to the internet. The value of online card payments worldwide grew by 26 per cent during 2015 to reach $2.7 trillion (£2.13 trillion), representing 12 … Read More →
Chinese pearl specialist Zhejiang Angeperle Co Ltd is expanding its pearl jewellery business to gain a wider foothold in the market. Based in Zhuji City, more popularly known as China’s “Pearl City,” the company had been focusing mainly on freshwater pearl cultivation as well as the processing and wholesaling of loose pearls and semi-finished pearl … Read More →
Jadeite is currently much sought after by younger Chinese consumers who want to make a fashion statement in the workplace without appearing too showy, according to Phoenix Bi, executive manager of Hong Kong-based jeweller Imperial Collection (HK) Ltd. Specialising in jadeite products, Imperial Collection caters to gem collectors as well as lovers of jadeite as … Read More →