This week: How much have lab-grown diamond wholesale prices fallen? TikTok feuds modernize the diamond district. And a new Netflix series will be set in the Antwerp diamond industry. All below.
Signet doesn’t see any more major acquisitions
– Predicts $10 billion in sales from wedding rebound
– No longer “mall retailer”
– Shows strength in omnichannel
– CEO Drosos gets love-bombed on Mad Money (video)
Australian jeweler Michael Hill buys local rival
Tiffany reopens New York City flagship
– WWD’s “floor-by-floor guide”
David’s Bridal files for bankruptcy, plans to fire 9,000
Diamond dealer, associates charged with violating U.S. sanctions
– U.S. sanctions diamond companies for ties to alleged Hezbollah funder
– Press releases from Justice Department and Treasury Department
– All those added to OFAC list
Avi Krawitz deep dive into Botswana–De Beers divide
– HB Antwerp deal caught in “political crossfire” (subscription)
– New De Beers CEO posts about visit to India and diamonds in speakers
Do natural diamonds really have “inherent value”?
– Naturaldiamonds.com posts new “diamond facts”
The “new” diamond district, complete with TikTok feuds
Diavik “misunderstood” spill reporting requirements
Lab-grown wholesale prices have fallen 85%
Opposition says Indian government let Jatin Mehta flee because of connection to Adani
– Says Mehta’s shell firms pumped money into Adani
– Deep dive into Winsome Diamonds saga: parts 1 and 2
Tom Chatham writes book about his family
Gold price goes over $2,000 again
We are past watch world “insanity”
Swiss watch leaders eager to make up for “lost time in China” (by Victoria Gomelsky)
– Smaller watches become biggest timepiece trend
Cartier tries virtual try-on device
The reputations of leading luxury brands have fallen
New Netflix series covers Antwerp diamond district
Ex–UFC fighter accused of stealing jewelry
Delaware jeweler William Minster dies
Walmart U.S. chief merchandising officer steps down
John Antonacci promoted at Gannon & Scott
Yondor Diamonds taps Venus Jewel vet to head Indian office
JVC adds Dallow, Holtzman, Zerouki to board
Brilliant Earth opens new showroom in Southern California
A 116 ct. tsavorite is now in the Smithsonian
Giant pink diamond discovered in Lesotho
50,900-diamond ring sets world record
Brides gives advice on hiding an engagement-ring box
Media Watch
Financial Times on alternative engagement rings, Lebanese jewelers, and the industry’s “blue period”
From the Blog
Signet Doesn’t See Any More Major Acquisitions
From the Podcast
The Jewelry District, Episode 93: Guests Feriel Zerouki and Mahiar Borhanjoo
Have a great weekend!
– Email: rbates – at – jckonline.com.
– Twitter: @robbatesjck
– Connect on LinkedIn
(Photo: Getty Images)
Follow JCK on Instagram: @jckmagazine
Follow JCK on Twitter: @jckmagazine
Follow JCK on Facebook: @jckmagazine
