The Art of Luxury Issue 42 2020 | Page 55

JEWELLERY JEWELLERY NEWS A recent report by Mintel (September 2019) found that the UK watch With the current trend showing that consumers are beginning to and jewellery industry market has benefitted from the rising demand move away from buying mass-produced, cookie cutter items and for high-priced investment pieces as well as new trends in jewellery. are increasingly mindful about how they shop – LAPADA members Mintel’s report demonstrates that sustainability is top of mind for are enjoying this resurgence of interest in antique jewellery. It offers 55% of UK jewellery buyers. individuality, artistry and sustainability through the recycling of pre- loved pieces which are often purchased with the intention of passing LAPADA is the largest professional trade association of art and on to future generations. antiques dealers in the UK. It boasts over 500 members worldwide who are experts in their fields, providing the perfect platform This is further supported by findings from the Office of National for experienced and first-time buyers alike. As well as a superb Statistics (ONS) earlier this year, citing significant growth in the selection of fine antique jewellery, including signed pieces, from the antiques and vintage markets and, alongside trends for craftmanship 18th, 19th and 20th centuries, LAPADA members offer a wealth of and sustainability, there are positive signs that the art and antiques knowledge within their field to guide buyers through the quality and trades are performing well. authenticity of each piece. www.lapada.org Issue 42 2019 The Art of Luxury 55