Diamond Shavings: Your Friday Web Roundup

Well, you can’t say we don’t live in exciting times. Here’s the news …

ABN Amro goes Dutch.

– D and J division speaks.

 

Chaim on industry liquidity.

“Thoughts for the weekend.”

 

Sept. retail sales down.
– But chain store sales up (slightly.)

Mall vacancies increase.

“Hard times” for luxury goods.
– WSJ: Is bling over?
– Portfolio on Wall Street luxury stores.

 

Will diamond prices soften?

Diamond mining stocks languish.
– As do jewelry retail stocks.

 

Peace Mark assets sold.

 

Mineweb: South African industry “in crisis.”

Bharat diamond bourse opens. Forget Wall Street. That’s the most surprising news of the week.

 

Against the herd: Kohls opens 46 stores.

– Midwest department store chain expands.

 
De Beers retail “showed strong growth.”

Forever 21 may buy 150 Mervyn’s.

JA welcomes store improvements law.

 

Bidz launches Arabic website.

 

JSA: Travelling salesmen attacks increase.

Ebay slashes 10% of workforce.

 

Tax charges for Gambian diamond dealer.

 

Indian trader dies in accident.

 

RBI (JCK) sale caught in credit crunch.

– Nielsen (National Jeweler) weighs editorial consolidation.

 

Beyonce: Engagement rings are “silly.” (Third item.)

– But Sierra Leone claims the stone she did get. I think this is kind of fascinating, since when I went to Sierra Leone two years ago it seemed a lot of people there had no idea what diamonds were used for.  It shows the diamond world is becoming more inter-connected. Which isn’t silly at all.

 

Media Watch:

Times of India: Trade “gloom.”

Economic Times: Indian traders look inward.

Computerworld  on De Beers’ technology.

SFGate hails Botswana.

Pittsburgh welcomes new Tiffany’s.

From the Blog:
Undisclosed Lab Grown Yellow Melee?
Thoughts for the Weekend.

 

Have a great weekend …

JCK News Director