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Diamond Shavings: Your Friday Web Roundup
December 21, 2007


Wow, what a week … First, I advise every one of you to read to the end of this post for a special holiday surprise. Seriously. It’s worth it.

 

Also, I will be on vacation through January 2, where I hope to think as little as possible about the diamond industry. Make sure nothing important happens when I’m gone!

 

But now, after you click "Read More," the news …

 

Zale CEO resigns. Former CEO president of Children’s Place takes over.

 

The DTC Announces the Most Important List Ever.

- Unofficial new sightholder rosters from Idex and Rapaport..

- DTC statement.

- I beat the subject to death here, here and here.  Plus, words from Charles.

 

Holiday reports:

- One in five men have not shopped yet

- A disappointing luxury Christmas. Video.

- Ten percent jump in luxury purchases online.

 

A new diamond-themed major motion picture. At least it’s set 40 years ago …

 

Diamondsclassaction.com was supposed to go live today. But at 2 PM, it still hadn’t. Ads about the class action suit should start to appear soon as well.

 

Leviev, H Stern, open more Moscow stores.

Jayam loses appeal for case against DTC.

 

Report: Money laundering operation went through 47th Street.

 

Rising rupee hurts Indian companies. But the Yuan’s causing problems too.

 

Gitanjali signs deal with fashion group.

 

Boston jeweler flees town.

- Update: “Being treated for illness”?

 

Quote of the Week

Louise Prior, DTC spokeswoman, on the BPP: “Let’s just say there are a couple of companies under investigation at the moment.”

 

Mining Watch:

- Rio may not build mine in Zimbabwe.

- More unrest in Sierra Leone mining areas.

- Ekati workers ratify deal.

- Ghana tries to comply with Kimberley. More here.

 

Media Watch:

- The New Republic and Reuters blog on rubies from Burma. Mentions “conflict diamonds.”

- Tampa Tribune article on lab-grown stones.

 

And now, the special holiday surprise: Click here.  While I didn’t put that together, and have no idea who did, apparently it is going around and I post it with the utmost respect to all who are, um, involved. You may have to click a couple of times to see it. Here's the link again.

 

To everyone who takes to time to read this, have a great weekend, holiday season and New Year … wishing all of you out there the best in the year to come  …See you in 2008!


Posted by Rob Bates on December 21, 2007 | Comments (0)



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