This week: New Rolex company works on atomic clocks. Can Claire’s pull through? And it’s not easy buying Kendra Scott an engagement ring. All below.
Former Helzberg president Julie Rodway Yoakum moves to Signet
JVC: New tariff rates to start Aug. 7
– Tariffs cause major retailers to delay jewelry buying (subscription)
– Fashion brands brace for impact
Trump imposing 25% tariffs on Indian imports to U.S.
– Gem business unsettled
– Artisans concerned about jobs
Watchmakers ticked by new tariffs on Swiss imports
– Industry fears “devastating impact”
– WSJ: Tariffs threaten Swiss watch demand (subscription)
– Watches of Switzerland shares fall
Botswana, Israel hit with 15% tariffs. Full list
U.S., EU arrive at trade agreement
– Will it worsen luxury slowdown?
De Beers gets interest from “serious buyers,” says Anglo CEO
– FT: Can Botswana really take over the company?
– Surat workers worry about De Beers curtailing rough
Rio Tinto’s diamond sales bounce back
Winsome isn’t buying Renard diamond mine
Birks reports $12.8 million net loss
Claire’s “teetering on the verge of bankruptcy” (subscription)
– French subsidiary placed in receivership
Can Bernard Arnault steer LVMH out of crisis?
– LVMH earnings call transcript
Boucheron CEO says soaring gold price is “a nightmare”
Gold equities could see boom from metal’s surge
Gold rush in China after flash floods sweep away $1.4 million in jewelry
You need to know where your gems come from
Key findings from survey of independent watchmakers
New Rolex company working on atomic clocks (translation)
Famed New Zealand jeweler Michael Hill dies
– Model Miranda Kerr pays tribute
Jewelers Mutual promotes Mike Alexander to president
Matthew Tratner named president of Continental Buying Group
Helen Williamson appointed managing director of jewelry brand Tutti
Tracr chief product and operating officer to depart
Kering giving new CEO 20 million euro bonus
Influencer “The Watch King” zapped with stun gun
Tiffany opens new flagship in Tokyo
Hampden Watch brand to relaunch
Frank Ocean’s jewelry brand Homer coming back to life
Jenna Ortega pairs 20 cts. of diamonds with plunging gown
Zac Brown jokes about difficulty finding engagement ring for Kendra Scott
– Houston jeweler Franco Valobra did the deed
Some dude wrote a book
– Thanks to National Jeweler, Centurion, and Southern Jewelry News
– Weird (probably AI) video
Media Watch
– CBC on lab-grown versus natural
– Harper’s Bazaar: Gemstones take over jewelry boxes
– Nature on the history of synthetic diamonds (subscription)
From the Podcast
The Jewelry District: Natural Diamond Marketing, High Jewelry, Rob’s New Book
Email: rbates –at – jckonline.com
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