This week: Who’s to blame for the sad state of Saks? Diamond District rivals get into a brawl. And a jeweler tries to sell the world’s largest opal. All below.
Mom and pop jewelers enjoyed a (mostly) strong 2025
Pandora sees lower mall traffic in the United States
Saks Sinks
Saks Global reportedly mulls bankruptcy as CEO exits
– Closes in on bankruptcy financing package
– How bankruptcy would affect fashion brands
– More vendors sue
– Bonds downgraded
– How Richard Baker pushed Saks to the brink
– “Another trainwreck”
– Discussion: What’s next?
Recommended: “The 30-Year Playbook That Destroyed American Retail”
Roll call of 2025’s departing jewelry retailers
– Macy’s closing another 14 stores
Retail Dive’s six trends to watch
– Peter Smith on the future of retail stores
Avi Krawitz’s ten diamond business predictions for 2026
– Avi and I discuss what’s in store for the diamond industry (video)
Exit interview with Natural Diamond Council CEO David Kellie
Tariffs cut Indian diamond exports in half
De Beers CEO says “all major producers” want to buy it
– De Beers bets on Indian market
Botswana’s economy starts to pick up
– Country’s GDP likely shrank last year
– Botswana opening embassy in Moscow to discuss diamond trading
– Karowe mine to remain open
Kendra Scott appoints former Gap exec as CEO
– Long profile of Scott in Texas Monthly
Charles & Colvard CEO Don O’Connell departs
Edge Retail Academy promotes Johnson Kibby, Smith
IDCA taps Shekhar Shah as president
Linda Coutu rejoins LeachGarner
Christie’s promotes Kimberly Miller to luxury managing director
Koen Boogaerts becomes director of supply chain and sustainability at Rosy Blue
Couture retailer liaison Jan Mohr dies
Legendary diamond geoscientist Steve Haggerty dies
Jeweler, Holocaust survivor, and table tennis maestro dies at 107
Report: LVMH overhauling governance of watch division (subscription)
– Interview with TAG Heuer CEO Antoine Pin
Diamond District rivals get into brawl
– One of the brawlers, TraxNYC, produces diamond-tipped bullet. I can’t see that ending well.
Pink Panther members arrested following Greek jewelry heist
African Diamond Producers Association says it supports India as KP chair
Why Sears’ last hope for survival never materialized
Amazon angers retailers by listing products without consent
San Francisco jeweler tries to sell world’s largest opal
Rachel Zoe joins “divorce ring” trend
North West’s diamond chain signals new era of youthful luxury
Best jewelry moments from new season of Emily in Paris
Siri helps a guy find diamond at Arkansas state park
From the Blog
Roll Call of 2025’s Departing Jewelry Retailers
Exit Interview With Natural Diamond Council CEO David Kellie
From the Podcast
Olivia Landau and Kyle Simon of the Clear Cut Guest on 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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