This week… Diamond prices are steadying. Or maybe they are falling…. Jewelry sales will do great at Christmas. Or maybe they won’t…. And there’s a company that can identify the origin of diamonds! Maybe!… It’s all in this week’s very uncertain edition of Diamond Shavings…
Good News?:
– Daily Finance: Jewelry sales could be hot this year.
– NRF not so optimistic.
– U.S. polished diamond imports rise 29 percent.
– Young Indian consumers love diamonds.
De Beers: Diamond prices “steadying.”
– Idex: Polished “slipping downwards.”
Vivid Yellow fetches $6 million.
LVMH watch, jewelry sales soar.
Lazare Kaplan still coping with “uncertainties.”
Consumers prefer selling gold to jewelers.
Jewelry industry “still struggling online.”
– Online and in-store shopping “converge.”
The Kimberley Process, the industry, and the NGOs.
Can company identify origin of diamonds?
Fair Trade diamonds: Rising again?
– Rapaport statement.
Signet Jewelers speaks on “conflict minerals” legislation.
– The Washington Post: SEC struggling to write rules.
– Global Witness: Chamber of Commerce targeting Dodd-Frank.
Editorial: Diamonds haven’t helped Zimbabwe.
Diamond smugglers caught in Cape Town.
Korean diplomats dragged into diamond mine scandal.
Diavik production increases.
Alrosa profits grow five-fold.
– Edahn Golan: How long will reserves last?
Sterling settles suit over Jane Seymour line.
Maui Jewelers president retires.
Stuller names VP of jewelry.
Rebecca Smith joins Plouton Consulting.
De Beers wins sustainability report award.
– Company criticized for selling mine.
Namibian diamond association gives to disaster relief.
Groupon scaling back IPO.
Lord & Taylor to expand.
New antiaging cream made up of diamonds.
New Victoria’s Secret diamond bra.
Twilight star’s dress had diamond buttons.
Courtney Love must pay for missing jewelry to Jacob the Jeweler.
An iPhone 4S—covered in diamonds.
Media Watch:
South African newspaper on flaws in Kimberley Process.
Bloomberg on how jewelers are using alternative metals.
Adweek publishes article about diamond advertising with one bizarre error, about diamonds being worth less than $30 if they were “dumped.”
From the Blogs:
The Kimberley Process, the Industry, and the NGOs.
Will Fair Trade Diamonds Rise Again?
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