Italian Jewelery Forecasts for '04-'05

Italian Jewelery Forecasts for 04-05
According to a report on "The Italian Jewelry and Silver Industry", 2003 was the worst year in recent history for the Italian jewelry sector. The report was presented by Federorafi, Sistema Moda Italia and Banca Popolare of Vicenza during VicenzaOro 1 (January 11-18, 2004). "Due to the worst industry performance in recent history, 2003 represents our annus horribilis," said Alessandro Biffi, president of Federorafi. "Nevertheless, the Italian jewelry sector still holds its steady trade surplus and its leadership among all the other manufacturing countries." Projections for 2004/2005 are en