Posted on February 17, 2012
This week …Valentine’s Day and jewelers make beautiful music together … Marange diamonds and the Zimbabwe government create a far-less-lovely sound … And Reuters tries to play matchmaker for Zale and Sterling … All below …
Jewelers term Valentine’s Day decent [2].
- National Jeweler somewhat more upbeat. [3]
Blue Nile slashes prices as sales, profits fall. [4]
- Is site's market share falling [5]?
- Stock tumbles. [6]
- Analyst raises rating. [7]
- Investor presentation audio. [8] (Interesting, but long.)
- My thoughts: No longer in denial? [9]
Reuters speculates about Zale/Signet merger. [10]
- My thoughts: Still a bad idea. [11]
- Sterling promotes Hrabak [12]. Montalto retires.
Some 17 percent of men would want “man-gagement rings.” [13]
How Target collects shopping information. [14] Interesting.
Retailers shut Facebook stores. [15]
Macy’s hiring 4,000 full-time employees next year. [16]
Sears to lay-off 100 employees. [17]
Indian diamantaires chosen as consul generals. [18]
- Times of India worried about Chinese “threat.” [19]
Graff Diamonds preparing $1 billion Hong Kong IPO. [20]
Diamond thieves arrested in Hong Kong. [21]
Edahn Golan: U.S. diamond figures show money laundering. [22]
Global Witness releases new report linking diamonds to Mugabe [23].
- Report. [24]
- Zimbabwe prime minister urges “transparent” trade. [25]
- Avi Krawitz: De Beers “needs to take stand.” [26]
- A response from Diamond Intelligence Briefs [27]. [$$]
Chaim Even-Zohar on the new KP chair. [28]
- CNN interviews Milovanovic. [29]
Sowind Group announces new president. [30]
- PPR revenues rise [31].
Hearts on Fire announces new design director. [32]
Jewelers of America announces staff changes. [33]
JCK Fund announces grant winners. [34]
Grunwald D Fine Jewelers closes. [35]
Argyle underground mining delayed a year. [36]
De Beers still holds some Botswana government diamonds. [37]
Diamond taxes hurting Namibia? [38]
Dead poodle’s diamond collar stolen in French cemetery. [39]
Media Watch:
- Forbes [40] article on selling diamonds includes a quote from yours truly.
- Fashionista [41] on top engagement ring trends.
- New York Times [42] and Bloomberg editorial [43] on the Kimberley Process.
- Yahoo Financially Fit [44] on buying an engagement ring. (Video)
From the Blog:
- Blue Nile: No Longer in Denial? [9]
- Zale, Sterling Merger: Still a Bad Idea. [11]
From JCK:
My article on chain of custody. [45]
Hope all my U.S. readers have a great President's day weekend ...
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Links:
[1] http://www.jckonline.com/blogs/cutting-remarks/2012/02/17/diamond-shavings-your-friday-web-roundup#disqus_thread
[2] http://www.jckonline.com/2012/02/15/jewelers-term-valentines-day-decent
[3] http://www.nationaljeweler.com/nj/independents/a/~27877-Exclusive-Valentines-Day-brings-jewelers
[4] http://www.jckonline.com/2012/02/16/blue-nile-slashes-diamond-prices-sales-and-profits-fall
[5] http://www.truthaboutdiamonds.com/2012/02/16/blue-nile-nile-the-luster-is-lost/
[6] http://www.reuters.com/article/2012/02/16/us-bluenile-shares-idUSTRE81F10O20120216
[7] http://www.forbes.com/sites/ciocentral/2012/02/17/blue-nile-rbc-upgrades/
[8] http://investor.bluenile.com/eventdetail.cfm?eventid=108774
[9] http://www.jckonline.com/blogs/cutting-remarks/2012/02/17/blue-nile-no-longer-in-denial
[10] http://www.reuters.com/article/2012/02/15/dealtalk-zale-idUSL2E8DFKCY20120215
[11] http://www.jckonline.com/blogs/cutting-remarks/2012/02/16/zale-sterling-merger-still-bad-idea
[12] http://www.jckonline.com/2012/02/16/sterling-promotes-hrabak-to-chief-operating-officer
[13] http://www.jckonline.com/2012/02/15/survey-17-men-would-wear-man-gagement-ring
[14] http://www.nytimes.com/2012/02/19/magazine/shopping-habits.html?_r=2
[15] http://www.bloomberg.com/news/2012-02-17/f-commerce-trips-as-gap-to-penney-shut-facebook-stores-retail.html
[16] http://www.reuters.com/article/2012/02/17/us-macys-idUSTRE81G1L020120217?feedType=RSS&feedName=businessNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=56943
[17] http://www.wlsam.com/Article.asp?id=2396698&spid=
[18] http://timesofindia.indiatimes.com/Four-diamantaires-get-consul-generals-post/articleshow/11877776.cms
[19] http://timesofindia.indiatimes.com/city/surat/Diamond-industry-under-threat-from-Chinese-dragon/articleshow/11903607.cms
[20] http://dealbook.nytimes.com/2012/02/16/graff-diamonds-said-to-prepare-1-billion-i-p-o-in-hong-kong/
[21] http://www.thestandard.com.hk/news_detail.asp?we_cat=4&art_id=119807&sid=35446495&con_type=1&d_str=20120217&fc=7
[22] http://idexonline.com/portal_FullEditorial.asp?id=36429
[23] http://www.jckonline.com/2012/02/16/group-diamond-mining-company-tied-to-zimbabwe-government
[24] http://www.globalwitness.org/sites/default/files/library/A%20GOOD%20DEAL%20FOR%20ZIMBABWE_1.pdf
[25] http://www.news24.com/Africa/Zimbabwe/Zim-PM-urges-transparent-diamond-trade-20120217
[26] http://www.diamonds.net/news/NewsItem.aspx?ArticleID=39021&ArticleTitle=The%20Apple%20Effect
[27] http://www.diamondintelligence.com/magazine/magazine.aspx?id=10269
[28] http://www.diamondintelligence.com/magazine/magazine.aspx?id=10253
[29] http://www.cnn.com/2012/02/14/business/kimberley-process-gillian-milovanovic/
[30] http://www.jckonline.com/2012/02/16/sowind-group-hires-new-president
[31] http://www.diamonds.net/news/NewsItem.aspx?ArticleID=39032&ArticleTitle=PPR
[32] http://www.jckonline.com/2012/02/16/hearts-on-fire-names-new-director-design
[33] http://www.jckonline.com/2012/02/15/jewelers-america-announces-staff-changes
[34] http://www.jckonline.com/2012/02/16/jck-industry-fund-announces-2012-grant-recipients
[35] http://www.jckonline.com/2012/02/15/illinois-jewelry-store-plans-to-close
[36] http://www.israelidiamond.co.il/english/News.aspx?boneID=918&objID=10668
[37] http://www.mmegi.bw/index.php?sid=4&aid=528&dir=2012/February/Tuesday14
[38] http://allafrica.com/stories/201202170809.html
[39] http://www.huffingtonpost.com/2012/02/16/dead-poodle-diamond-collar-pet-cemetery-france_n_1281979.html
[40] http://www.forbes.com/sites/deborahljacobs/2012/02/10/four-tips-for-selling-your-diamond-jewelry/
[41] http://fashionista.com/2012/02/happy-valentines-day-here-are-the-top-engagement-ring-trends-no-pressure/
[42] http://www.nytimes.com/2012/02/14/world/europe/14iht-letter14.html
[43] http://www.bloomberg.com/news/2012-02-14/ensuring-future-valentine-s-day-diamonds-aren-t-corrupted-by-blood-view.html
[44] http://financiallyfit.yahoo.com/finance/video-tips-to-buying-an-engagement-ring-28294041
[45] http://www.jckonline.com/2012/01/25/chain-custody-battle-where-do-your-jewelry-materials-come-from
[46] http://www.jckonline.com/newsletters/archive
[47] http://twitter.com/robbatesjck
[48] http://www.facebook.com/#%21/rob.bates1
[49] http://www.linkedin.com/pub/rob-bates/6/457/4a1
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