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Claire’s Is Looking for a Buyer, Report SaysThe jewelry store chain has reportedly been struggling with costs related to tariffs as well as tough retail competition.
Supplier BulletinMay 26, 2022
Extraordinary Italian Jewelry at JCK and COUTURE
Sponsored by Italian Trade Agency
Some 130 companies will be showcased at the JCK and Couture shows in June. The Italian Trade Agency is traveling with the Extraordinary Italian Brigade to Nevada, after a recent workshop at 346 Madison Avenue in New York, The Italian Jewelry Manifesto.
The pandemic has reinforced the partnership between the Italian jewelry sector and US retailers. A new wave of designers and emerging independent companies, brings a breath of fresh air, inspired by use of alternative materials, sustainable practices and innovative digital platforms.
In 2021 the USA returned to being the number 1 export market, representing 1,278.1 million euros, equal to 15.9% of total exports, approximately 8,050 million euros.
Exports to the USA increased 65.6% year-on-year in 2021.
Italian exports grew by 59.7% in 2021.
Export data for January-February 2022 indicate the overall turnover index for the entire sector rose by more than 34%, while the production index was up 24.8%.
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