This week: Jewelry is doing better than the rest of luxury. Thief swallows and then, um, returns Fabergé egg. And why soccer players don’t wear jewelry. All below
Why jewelry is outperforming rest of luxury industry
Signet’s sales rise despite tariffs (up), traffic (down), and gold (way up)
– Company’s stock drops
– Hedge fund dumps shares
– Analyst still says “buy”
Costco sues Trump administration, seeking tariff refunds
Pantone’s 2026 Color of the Year is kind of blank
– Designers surprised
– The internet is upset (as always)
– Is color’s choice a “recession indicator“?
– New York Times reporters roundtable
NRF: Holiday shopping “off to a great start”
– Mom-and-pop business bankruptcies hit record
– Economic confidence at 17-month low
– Most layoffs per year since pandemic
What happens when luxury department stores don’t pay jewelers?
Watches of Switzerland’s sales rise
– CEO sees little tariff impact
– Company’s shares rise
– Earnings call transcript
India expects trade deal by end of year
– U.S. team visiting India next week for trade talks
India’s September natural diamond exports “shine”
Will the Gahcho Kué mine survive?
The “quiet tragedy” of Surat’s diamond industry
South Africa prods Botswana into African diamond alliance
Flash strike erupts at Greenlab Diamonds
South Africa prods Botswana into African diamond alliance
CIBJO looking at issues with gem labs
Lab-grown diamonds are “mainstream.” Now what?
World Gold Council’s Gold Outlook 2026
– Deutsche Bank forecasts $3,700 average price next year
Gold is fueling Putin’s war machine
– Sudan war sharpens scrutiny on UAE and gold
KP chair bin Sulayem and Alan Cohen speak up for the Kimberley Process
– Canada’s statement following KP plenary
Report: Bot-like accounts are supporting Dan Gertler
Helzberg introduces “luxury experience” at two stores
Reeds to open “Landmark” store in Cary, N.C.
Scandinavian fashion brand Nora Norway wants to come to North America
Kering invests in Chinese brands following Laopu Gold Co.’s success
Mytheresa appoints Francis Belin new CEO
Wesley Tucker steps down as CEO of Tracr
Petra Diamonds installs joint CEOs
Diamond tycoon Jayam Sonani charged with lab-grown fraud
Canadian jeweler fined for anti–money laundering violations (subscription)
Austria forms panel to discuss its rights to Florentine Diamond
Six estate jewelers share favorite finds of the year
UAE unveils world’s largest silver bar
Fabergé egg sells at auction for more than $30 million
– Man swallows Fabergé egg during theft
– After six days, it’s recovered
Arnault’s wife says family doesn’t talk about succession
Will Miley Cyrus’ engagement ring set trends in the new year?
– Cyrus says fiancé got a “Black Friday deal”
Kim Kardashian wore millions in diamonds to trial to “troll” jewel thieves
Four-time divorcée Jennifer Lopez criticized for endorsing bridal jewelry brand
Why jewelry is banned in football (soccer in the U.S.)
Science discovers substance that brings diamond to earth’s surface
You should line industrial pipes with lab-grown diamonds
Boy reacts to mom not wearing wedding ring. Very cute.
Media Watch
– Washington Post on the rise of lab-grown. Also: Seattle Times (subscription)
– Dumb PR article in Vogue Australia (inaccurately) says “risk of forced labor and torture” at mines in Botswana is growing
– The Associated Press looks (accurately) at Botswana’s woes
– The New York Times on clasps, jewelry attachments for hearing aids, Cartier’s “riot of color,” making your own claddagh ring, French brand Viltier, Native American designer Keri Ataumbi, London jeweler Charlie Barron, the stacking trend, and how the gold price affects jewelry (by Victoria Gomelsky)
From the Podcast
CIBJO and “Synthetic,” a Rare Watch and Gem: The Jewelry District
Email: rbates –at – jckonline.com
– Connect on LinkedIn, X, and Instagram
– I’ve written four diamond industry mystery novels—check them out here!
(Photo: Getty Images)
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