Diamond Shavings: Your Friday Web Roundup

In the news… Can a retailer have too many sales?… Does J.C. Penney have too few?… Is the Kimberley Process dead? Or just really, really slow?… All below…

 

Retailer sued for having too many sales.

 

Pandora sues Chamilia—again.

 

Tiffany “strongest jewelry brand in the U.S.”

 

Big J.C. Penney investor still believes in transformation.

– Stock hits 52-week low.

– No “love letter” for CEO Johnson on one-year anniversary.

– Has Penney lost touch with small town tastes?

 

U.S. retail sales fall for second month in a row.

 

Jewelry sector “beginning to look flawed.”

 

Indian diamond companies hoping for price increase after Vegas. 

 

Company says it has low-cost synthetic diamond detector.

– E6, Harvard collaboration sets synthetic record.

 

Moscow may sell Alrosa shares.

 

Sales of Rio, BHP mines may take a while.

 

The Kimberley Process: Don’t get frustrated—yet.

– Chaim Even-Zohar: KP too bogged down. [$]

– Edahn Golan: It’s dead.

– Zimbabwe heralds failure of new “conflict diamond” definition.

– Mining minister invites E.U. to visit Marange.

– U.S. jewelers ask Indian dealers to avoid Marange stones.

 

Avi Krawitz: Should Botswana increase De Beers holding?

 

South African Supreme Court rules on De Beers tax case.

 

Leviev doesn’t get Namibian diamonds.

– Workers face layoffs. 

 

Swaziland mine to open in August.

 

Diamonds score big in Christie’s auction.

– London auction sets record for pearl sale.

 

Gemfields wants to be “De Beers for emeralds.”

 

Wesche Jewelers files for Chapter 11.

 

IDI managing director stepping down.

 

Blue Nile appoints chief merchandising officer.

 

Antwerp Diamond Center elects new directors.

 

Charles & Colvard appoints new director.

 

GIA appoints new governors.

 

Woman reunited with engagement ring.

 

Media Watch

The Guardian on Sierra Leone’s diamond mines.

The BBC on the rise of Dubai’s diamond trade. (Video)

 

From the Blog:

What’s the Strongest Jewelry Brand in the U.S.? (It Begins With a “T.”)

The Kimberley Process: Don’t Get Frustrated—Yet.

 

From JCK:

– Story on GIA’s training for law enforcement.

– Story on Kimberley Process reform.

– Story on synthetic diamond market. (Written prior to recent events.)

 

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JCK News Director