Diamond Shavings: Your Friday Web Roundup

This week … Sandra Bullock sues jewelry liquidator … Jewelry ad raises controversy in India … Retailer loses customer’s chain, winds up on the news … All below …

 

Wanted: a synthetic melee detector.

– More undisclosed synthetic melee discovered.

– WFDB calls synthetic non-disclosure “fraud.”

– Edahn Golan: Legitimizing the lab-grown market.

– AG&J talks about “complexity” of detection.

 

Varda Shine to leave De Beers.

 

Bea Spiech retires from Macy’s.

 

Jeanine Payer to cease operations.

 

Alfred Terry Limited enters liquidation.

 

Overnight Mountings buys Satco Casting.

 

Bloomingdale’s CEO to retire.

 

Report predicts worst holiday since 2008.

– Sales weak in advance of holiday.

– Consumers spending more online this holiday.

 

Jewelry business discontinuances drop.

 

Blue Nile sales, profits rise.

– Conference call transcript.

 

Moissanite sales jump 39 percent.

– Conference call transcript.

 

J.C. Penney still missing 10 million customers.

– Former CEO slams reports.

– Has it reached bottom?

 

Neiman Marcus purchase completed.

 

Millennials poised to outspend baby boomers.

 

Swatch allowed to reduce movements to competitors.

 

Legendary 83-year-old jewel thief arrested again.

 

Macy’s watch purchase led to racial profiling, suit says.

– Shows changing demographics of luxury.

 

Tiffany wins $2 million payment and injunction against counterfeiters.

 

ABN Amro imposes new business guidelines.

 

India may impose duty on polished diamonds.

– Avi Krawitz: “A stunning development.”

– Diamond workers head home for vacation.

 

India’s gold fever cooling.

– Gold sector suffers.

 

Alrosa expects to raise $1.3 billion.

– Forced to drop price.

– Investors more interested in Russian bank.

– Attracting Oppenheimer, Lazard funds.

– Short-term future “far from rosy.” (registration required)

– Closes higher after initial offering.

 

Zimbabwe rough to flow into Surat.

– Antwerp delegation visits Zimbabwe. (Govt. newspaper)

– MDC leader’s speech on Zimbabwe diamonds.

 

Illegal gold “is destroying the Amazon.”

 

Lawmakers defend Dodd-Frank “conflict minerals” provision.

 

Sorrelli appoints new CEO.

 

Former Nancy B. president dies.

 

Israel Diamond Exchange appoints new board.

 

Jewelers Closing

Seyfried Jewelers in Ann Arbor, Mich.

 

J.R. Jewelers expands online, doesn’t like online sales tax.

 

Ex-Oppenheimer employee convicted of diamond theft.

 

Lee Harvey Oswald’s wedding ring fetches $118,000 at auction.

 

Kanye West designed three engagement rings for Kim K.

 

Company markets line of breakup gems.

 

Smartphones made of real gold.

 

Sandra Bullock sues jewelry company.

 

Jeweler’s ad raises controversy in India.

 

Media Watch:

Forbes says: Buy that engagement ring now.

New York City station says jeweler lost gold chain.

 

From the Blog:

More Undisclosed Synthetic Melee Discovered.

Wanted: A Synthetic Melee Detector.

 

Have a great weekend …

 

– Don’t miss a story or blog! Subscribe to JCK’s daily e-newsletter.

– Email: rbates – at – jckonline.com.

– Twitter feed: robbatesjck

– Connect on Facebook and Linkedin.

– Cutting Remarks RSS feed.

JCK News Director