Tuesday, May 22, 2012
Italy's jewellers fuse innovation and tradition
VICENZA - Italian jewellers are fusing the latest laser technology with traditional lace-making techniques in their efforts to ride out the economic downturn and keep up with growing competition from low-cost rivals in China and India. Photo: NeoNeroThe Italian jewellery industry used to dominate world markets but its market share has shrunk in the past decade, under pressure from cheaper rivals in India, China and Turkey. The unfolding euro zone debt crisis has dealt it a fresh blow. "The way
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