As hard luxury booms, Chinese jewelry designers push their global presence ...Middle East

Hard luxury items such as watches, jewelry and expensive handbags are having a renaissance this year, according to reports like Bain & Co x Altagamma’s. With luxury entering a “literally me era,” according to Federica Levato of Bain & Co., how can fine jewelry brands make the most of this opportunity? Around 30 percent of the world’s fine jewelry is produced in and around Panyu in Guangdong, where 16,000 jewelry manufacturers and trading companies are located, says Aso Leon, a Chinese jewelry artist based in the district. Almost all those producers make private label jewelry that has been designed by brands in Europe and America for distribution in those markets. Very little of it is designe

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