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?
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