For those of you following the Finlay saga, check out the first link … It seems like it could be the last straw, but this is a company that’s perservered way beyond expectations. Anyway, hope everyone has a great Fourth of July weekend …

Finlay officially misses June bond interest payment. 

Bankruptcy of the Week: Speidel files for receivership, now up for sale.

 

JC Penney gets new fine jewelry head.

 

Shake-up at Helzberg’s.

 

GIA: Lab business up.

– Gassman: Jewelry demand decline has “slowed.” 

– Post-recession, will people’s spending patterns change?

Debswana secures multi-million dollar loan.
– Nchindo case postponed.

 

Sierra Leone: US jewelers stole gems.

 

Kimberley Process Zimbabwe mission foiled?

– Inspection “wraps up.” 

Antonio Bianco dies.  

 

Chuck Lein joins moissanite board; company settles lawsuit.

New marketing chief at Alrosa.

 

A Jaffe appoints new VPs.

 

Blue Nile severs web affiliate programs, to avoid playing sales tax.

 

Bidz updates stock repurchase program.

 

New patent issued for synthetic diamond process.

– Chaim on the machinations behind synthetic nomenclature in Europe.

 

Friedmans, Crescent distribute creditor cash.

 

Venezuela to develop gold, diamond mining.

 

The Jonas Brothers engagement ring.

 

Media Watch:

– AFP article and the Jerusalem Post on industry woes.

– Tiffany mentioned in article on “green” luxury companies.
– Local tv station tests out Cash4gold.

From the Blog:
GIA: Lab Business Up.
Shakeup at Helzberg.

Have a great weekend ….

 
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