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Oct. 24 Diamond Shavings: Your Friday Web Roundup

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This week: Louvre theft shows what heist movies get wrong. Did Anglo American mess up De Beers? And words of wisdom from a still-working 101-year-old jeweler. All below.

 

Lost in Louvre

– “Professional” thieves take priceless jewelry from Louvre

– Minute-by-minute breakdown of heist

– What will happen to the stolen jewelry?

– Are pieces lost forever?

– Thieves have wide range of options

– Jeweler thinks they will be hard to sell

– Prosecutor estimates haul at $102 million

– Why weren’t the jewels insured?

– Video captures fleeing thieves

– Museum director admits lax security

– What Hollywood heist movies get wrong

– Theft site becomes tourist hot-spot

– Why is everyone so obsessed with story?

 

How the California Brink’s robbers were caught

 

Report: India, U.S. near deal to lower tariff

 

Swiss watch exports to U.S. drop by more than half

 

Jewelry a “bright spot” for Kering

 

Wealthy Americans are spending; others aren’t

– Huge “demographic divides” in consumer sentiment

 

Gold price has biggest daily decline in three years

– Then it rebounds

– Morgan Stanley sees rally continuing

– Goldman Sachs: Gold surge is rooted in “fundamentals”

– Wisconsin jewelry stores face challenges from gold price

– London jewelers say fewer consumers want gold

– Montreal residents cashing in old pieces (video)

– Price surge fuels gold rush in Ghana

 

Analyst slams Anglo’s stewardship of De Beers

 

China removes diamond sector’s tax break

 

Consumers consider Tiffany top jeweler, survey says

 

Sotheby’s introduces custom jewelry service

 

Patek Philippe’s U.K. sales grow faster than Rolex’s

 

LVMH explores sale of stake in Rihanna’s Fenty brand

– Venture may have cost singer $62 million

 

Kendra Scott faces class auction over discounts

 

Belgium court approves Mehul Choksi’s extradition to India

 

Bonhams gets new owner and executive team

 

Alexis Vourvoulis joins Freeman’s | Hindman

 

Gem Gossip looks back on 17 years of being jewelry obsessed

 

Government abolishing British Hallmarking Council

 

Amazon plans to replace half a million workers with robots

 

Target cuts 1,800 jobs from headquarters

 

Can golden age of Costco last? (subscription)

 

The story of the jeweler with the “diamond eye”

 

Jeweler spends hours dealing with unhappy customers of rival website

 

101-year-old New Jersey jeweler still working

 

NYC jeweler has surprise for 10-year-old who was mugged

 

Lab-grown retailer Astrea eyes Saudi expansion

 

Cosmopolitan editor reviews Amazon’s jewelry line Pavoi

 

Two astronaut-owned Omega Speedmasters sell for over $205,000

 

British royal tiara heads to auction

 

Miley Cyrus always wears bracelet from Beyoncé

 

Oprah sports over 30 cts. of diamonds at ballet gala

 

Financial Times: Fun watches for your inner child

 

Media Watch

CBS Mornings Plus on lab-grown diamonds (video)

 

From the Blog

The Story of the Jeweler With the “Diamond Eye”

 

From the Podcast  

Guest: NYCJW’s Bella Neyman

 

Email: rbates –at – jckonline.com

– Connect on LinkedIn, X, and Instagram

– I’ve written four diamond industry mystery novelscheck them out here!

 

(Photo: Getty Images)  

By: Rob Bates

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