This week … Pandora
lost a bit of charm and its stock fell dramatically. But, on the bright side,
so did a lot of other stocks. (Actually, that’s not such a bright side.) … In
India, diamond prices may be “correcting” from really crazy to only very crazy …
And Hearts on Fire sued De Beers. Hey, you guys said you wanted to do business
in America… All below …
Pandora’s Botch
–
CEO fired after
sales sink. (Certainly a lively discussion in the 30 or so comments.)
– U.S.
jewelers not
giving up.
– British retailers a little
less supportive.
– Criticized in
online forum.
–
Loses two-thirds
of market value.
– Owner still
backs company.
– My thoughts: Don’t
panic!
Diamond price correction “may
be imminent.”
– “Cautious” mood
at IIJS.
– Sign of a bigger change?
– Rapaport: Prices steady in
July.
GIA developing melee
detector (for treatments and synthetics.)
Blue Nile has record second quarter sales.
JC Penney, Bon-Ton jewelry
sales up.
– High-end retail outscoring the rest.
Diamond Empowerment Fund names
Lyman executive director.
Diamond district subject
of study.
– Author of new book interviewed.
– DDC endorses
findings.
Indian diamond demand may
slow?
– Rough auction in
Surat.
IDMA president just says
no to tenders.
– Janowski: The
change is inevitable.
Hearts on Fire sues
De Beers retail chain.
Adwar Castings sues
Unique Settings.
Court dismisses Zale
class action.
Internet sales tax bill introduced.
– JA applauds.
– Weird: Amazon employees avoid
certain states.
Dubai refuses to release
Zimbabwe diamonds.
– Zimbabwe diamond output soars.
– Govt. officials still arguing about
diamond revenues.
Strike at De Beers mines ends.
Two illegal miners crushed
to death.
Eira Thomas stepping down
from Stornoway.
De Beers welcomes step forward for
Gahcho Kué Project.
Diavik one of world’s ten
largest holes.
Alrosa sales to Armenia
might increase.
Jewelers Mutual
donates gems to Smithsonian.
Oppenenheimer to invest in African
agriculture project.
Jacmel gets whole floor at
1385 Broadway.
The world’s first diamond
contact lenses. Oy.
The Bachelorette’s engagement
ring.
Media Watch:
– Consumerist
and Salon
a little snarky about Tiffany campaign. I was very touched.
From the Blog:
A
Synthetic and Treatment Device for Melee?
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