Diamond Shavings: Your Friday Web Roundup

This week… The Kimberley Process adds to its impressive
list of deadlocks … Some think Groupon is poised for collapse. So at least the KP will have company… Plus, the hot new job in the industry: 47th
Street sidewalk scourer … All below ….

 

Polished prices hit
record.

– Edahn Golan: Time for caution.

 

JCK attendance up
16 percent.

 

Small businesses say
recession remains.

 

Pandora’s future
plans.

 

Kimberley Process: Countdown
to Implosion

– My thoughts: “The
Scheme is over
?”

– A new unilateral
decision by the chair
. And a new uproar.

– State Dept. statement.
“Exports should not proceed.”

– NGO walkout statement.

– “Deal was close.”

– Avi Krawitz: The industry needs to
set its own agenda.
I agree.

– World Diamond Council speech.

– Report from Chiadzwa: No development in diamond
areas.

– Zimbabwe opposition party wants
ban lifted.

 

Most daily deals shoppers don’t
come back.

– Groupon: “Poised
for collapse?”

– Company fights
competitors.

 

More affluent customers shopping
at discounters
. Story attracted some real intelligent comments.

 

Tiffany adds COO, gets
new CFO.

 

Sterling Jewelers appoints
new head of e-commerce.

 

Fuqi International appoints
new CEO.

 

World Gold Council names new
communication director
. No relation!

 

JA re-launches Internet
sales tax campaign.

 

Zale set to rejoin
Russell 3000.

 

Latest Alrosa board moves signal it
won’t be going public.

– No deal with
Rio Tinto.

– Will still supply diamonds to Armenia.

 

Gem Diamonds to drill
water holes for CKGR residents
. Assuming this is what it purports to be,
it’s a good sign.

 

Union threatens
De Beers with strike.

 

De Beers releases
“Report to Society.”

 

Wild story but very believable: Man scouts for diamonds on
47th Street.

 

Media Watch:
– The
New York Times
on Graff heading to China.

LA
Times
on the Kimberley Process. I think my feelings on this whole Zimbabwe
thing are well-known. But this article leaves out many crucial facts. The Los Angeles Times only writes
stupid articles about the diamond industry, and here they continue that streak.

– De Beers dissed by
Jezebel
.

 

From the Blog:

The Kimberley
Process: The Scheme is Over?

What
Pandora’s Up To?

 

 

Feel free to comment on any of the above in the box below,
and have a great weekend…

 

– Cutting Remarks RSS feed. 

– Email: rbates – at – jckonline.com.

– Twitter feed, w/blog, news updates: robbatesjck

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JCK News Director