Diamond Shavings: Your Friday Web Roundup

Sept. retail sales sluggish.

– Retailers cut holiday hiring.

Mervyn’s to liquidate.

How’s Diamond Prices?

– Reuters: They’re falling.

– Gem Diamonds agrees.

– De Beers: They’re “sound.

 

De Beers touts diamond “value”

Bloomberg interviews Varda Shine.

 

WFDB: Producers, cut back.

– De Beers may have listened.

 

Soverign bank acquired.

 

Chow Tai Fook buys Peacemark.

 

We need more jewelry ads! I totally agree.

Luxury marketers must “strike balance.”
 

Gassman on Tiffany.

– Tiffany’s share, S & P ratings rise.

– Analyst trims forecast.

 

Derco exits Chapter 11.

 

Idex on the downturn:

– Beware “the ripple effect.”

-  The “world’s not over.”

– There’s always Dubai.

 

AGS launches “proportion grading.”

 

De Beers gets ownership of Russian mine.

 

Head of De Beers India marketing quits.

 

Panaholo diamond sells.

– Why auctiond thrive in bad economy.

– Stone has a Forevermark.

 

Survival and the Bushmen are back!

 

Media Watch (International edition):

UAE newspaper at the Dubai show.

Indian newspaper on Surat’s woes.

South African newspaper on the industry’s woes.

India’s Economic Times on cutters trading up.

India’s Statesmen on strong consumer demand.

Botswana newspaper on De Beers – African Diamonds feud.

 - The Economist on Russell Simmons (mentions blood diamonds/De Beers.)

 

Have a great weekend …

JCK News Director