This week in Diamond Shavings: Malls are struggling but may be saved by the suburbs. Are there too many luxury watches on the market? And the discovery of an engagement ring led to a lot more. All below.
JBT: Jewelry industry isn’t really shrinking anymore.
Happy consumers lead to a happy Signet.
– Virtual investor event.
Integrating Tiffany & Co. is a “challenge,” LVMH says.
– Company abandons longtime New York Times ad.
– Luxury brands helped by lack of other options.
Will suburbs save the mall?
– Malls struggling to survive.
Xcel Brands gets $100 million in financing.
GIA gets Belgian court to rule against use of AIG.
People are buying diamonds over WhatsApp.
Paul Zimnisky: Diamond production to stay below pre-pandemic levels.
Russell Shor: How to lose money in the diamond business.
Diamantaires emerge from COVID-19 crisis with credit.
Mumbai diamond trade exempt from lockdown.
More thoughts on lab-grown diamonds and ethics.
Jewelry industry makes “slow progress” on responsible supply chains.
– Is sustainability reporting being oversold?
Gem business deals with Burmese ruby fallout.
GemCloud delivers traceable colored gemstones.
Consumer resistance to recycled gold melts away.
Panerai “breaks the watch industry’s code of silence” (discussed on JCK’s latest podcast).
Hermes watch CEO says there are too many luxury watches on the market.
Big watch brands still on the fence about virtual watch fairs.
Brexit “brings the pain” for vintage watch dealers.
BJ’s Wholesale Club CEO Lee Delaney unexpectedly dies.
Michelle Graff remembers Alex Woo.
California jeweler Bruce Garbe dies.
Delaware jeweler Katherine Dukes dies.
Watchfinder names new CEO.
Blue Nile adds chief operating officer, other execs.
Ahna Shmuel (re)joins Green Rocks.
Kohl’s shakes up board, in response to activists.
Tiny Jewel Box expands watch showrooms.
Diamonds Direct opening store in South Carolina.
Christie’s auction pulls in $35 million.
AGS announces next two Conclave locales.
WJA announces scholarships now open to applicants.
A reporter finds an engagement ring, and it leads to an interesting place.
Media Watch
A look at ashes-to-diamonds startup Eterneva.
National Geographic on the “mystery of the French Blue” (subscription required).
From the Blog
More Thoughts on Lab-Grown Diamonds and Ethics
From the Podcast
The Jewelry District, Episode 42: Industry Departures, Rocksbox, and Watches and Wonders Geneva
Have a safe and healthy weekend.
– Email: rbates – at – jckonline.com.
– Twitter: @robbatesjck
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