By  on February 14, 2012

MILAN — The Italian jewelry industry may have registered a 3.6 percent increase in revenues in 2011 compared with 2010, but the scenario is far from encouraging, as evidenced during a recent conference organized by Club degli Orafi Italia, an independent association of major players operating in the sector.

“After brilliant performances in the first part of the year, revenues started showing a slowdown in the summer months, before turning negative in the last quarter,” commented Stefania Trenti, industry director of bank Intesa Sanpaolo’s studies and research department.

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