Diamond Shavings: Your Friday Web Roundup
Sept. retail sales sluggish.
- Retailers cut holiday hiring.
Mervyn’s to liquidate.
How’s Diamond Prices?
- Reuters: They’re falling.
- Gem Diamonds agrees.
- De Beers: They’re “sound.”
De Beers touts diamond “value”
- Bloomberg interviews Varda Shine.
WFDB: Producers, cut back.
- De Beers may have listened.
Soverign bank acquired.
Chow Tai Fook buys Peacemark.
We need more jewelry ads! I totally agree.
Luxury marketers must "strike balance."
- Tiffany’s share, S & P ratings rise.
- Analyst trims forecast.
Derco exits Chapter 11.
Idex on the downturn:
- Beware “the ripple effect.”
- The “world’s not over.”
- There’s always Dubai.
AGS launches “proportion grading.”
De Beers gets ownership of Russian mine.
Head of De Beers India marketing quits.
Panaholo diamond sells.
- Why auctiond thrive in bad economy.
- Stone has a Forevermark.
Survival and the Bushmen are back!
Media Watch (International edition):
- UAE newspaper at the Dubai show.
- Indian newspaper on Surat’s woes.
- South African newspaper on the industry’s woes.
- India’s Economic Times on cutters trading up.
- India’s Statesmen on strong consumer demand.
- Botswana newspaper on De Beers – African Diamonds feud.
- The Economist on Russell Simmons (mentions blood diamonds/De Beers.)
Have a great weekend …
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