China's jewellery market saw a growth of 7.3% last year while branded jewellery, establishing a sense of 'upgraded lifestyle', is expected to grow a further 20%. The report also said that the number of people aged between 15 and 34 years old who are engaged in activities related to buying or selling luxury goods has increased by more than 50% over the past five Qeelin and TTF Haute Joaillerie are also facing growth, setting plans to launch new stores and expand throughout South Korea and Europe later this year.
China's jewellery market saw a growth of 7.3% last year while branded jewellery, establishing a sense of 'upgraded lifestyle', is expected to grow a further 20%. Chow Tai Fook, the world's largest jeweller by market capitalisation, posted monthly double-digit growth throughout 2014 and 2015 while its executive director believes the future of jewellery sales lies in a greater embrace of engagement traditions amongst younger clients. Qeelin and TTF Haute Joaillerie are also facing growth, setting plans to launch new stores and expand throughout South Korea and Europe later this year.