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This week: How long will the diamond industry’s good times last? The lives of QVC addicts. If presidential candidates were retailers, what would they be? All below.   Edahn Golan: Jewelry sales eke out small increase in 2015.   Diamond overgrading lawsuits: Will they hold up...

Rob Bates | February 5, 2016 | Cutting Remarks
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Credit the Federation of the Swiss Watch industry (FHS) for not trying to put a good face on December’s watch exports, or the year in general. “Exports remain in decline,” the Federation said after they logged their sixth down month in a row. Overall, Swiss watch exports fell 3.3 percent in 2015...

Rob Bates | February 5, 2016 | Cutting Remarks
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As I reported last week, Nashville law firm Cummings Manookian has launched social media campaigns and threatened lawsuits against five jewelers for allegedly selling diamonds with EGL International reports. At press time, it appears only one of them has actually been sued. On Jan. 19, two...

Rob Bates | February 2, 2016 | Cutting Remarks
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This week: Sears in death spiral? The value of a Super Bowl ring. Watch fair called "gloomy." All below.   Cindy Edelstein, beloved jewelry design guru, dies. - Tributes from  Victoria Gomelsky, Hedda Schupak, Wendy Brandes, Michelle Graff, ...

Rob Bates | January 29, 2016 | Cutting Remarks
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One morning in December, David Blank, owner of the Diamond Doctor, a local jeweler in Dallas, was awakened by his wife. “You are not going to like this,” she told him. She handed him a flier that appeared on his door: The fliers, which Blank says were also passed out to homes in his...

Rob Bates | January 29, 2016 | Cutting Remarks
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Dear, um, Leo: Back in 2006, before Blood Diamond was released, Nelson Mandela reached out to the stars of the movie and the head of Warner Brothers, worried about its impact on diamond sales and, by association, economies in Africa. You later met with him in Africa. You seemed to be...

Rob Bates | January 28, 2016 | Cutting Remarks
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This week: Talk grows that will Macy’s will be sold. A diamond industry rebound? The man who took 148 engagement selfies. All below.   Tiffany twisted: Retailer cutting jobs after weak holiday.  - Stock hitting 52-week low. - Announces share repurchase program....

Rob Bates | January 22, 2016 | Cutting Remarks
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In November, Sotheby’s sold the Blue Moon, the 12.03 ct. internally flawless vivid blue cushion cut, for $48.5 million, setting a world record for a diamond at auction.  Before that, however, the stone, discovered at the Cullinan mine in South Africa, was a 29.62 ct. piece of rough, which...

Rob Bates | January 22, 2016 | Cutting Remarks
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In the last few weeks, a group of investors, led by Toronto-based K2 & Associates, has grabbed 5.4 percent of Dominion Diamond, becoming the latest activist investor to target a company in our industry. K2's public criticism of the Canadian diamond miner's management seemed to spark a...

Rob Bates | January 21, 2016 | Cutting Remarks
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This week: Retail looking shakier. How a reality gold-mining show may have led to murder. And Tiffany takes shot at Costco. All below.   How were holiday sales? It depends. - Overall holiday sales disappoint, says NRF. - This year worst for retail since 2009. - Retail experts...

Rob Bates | January 15, 2016 | Cutting Remarks
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