This week: The crazy Rolex shortage. Department stores may not be dead after all. Frank Ocean opens luxury jewelry store. All below.
Next year will see a wedding boom, forecasters predict.
July jewelry sales increased over 50% from 2019, says Mastercard.
Diamonds are on a roll, but have tastes changed?
– U.S. polished imports maintain upward trend.
– Why the diamond “bubble may burst.”
– Richard Chetwode: How lab-grown diamonds may affect an oversupplied market.
Fossil Group stock soars over surge in jewelry sales.
The Guardian: U.K. consumers going nuts over watches.
– The great Rolex watch shortage.
– Robb Report: Rolex watches are already worth more than retail (by Victoria Gomelsky).
With new funding, Chrono24 becomes billion-dollar “unicorn.”
Is Instagram really dying? Here’s why not to quit.
– Legacy retailers move to TikTok, other tools.
Why we may not be seeing the “demise of the department store.”
James Avery issues warning about fake websites.
Companies, including Halstead Bead, having a tough time with online sales tax rules.
Russian governor suspects local jewelers are evading taxes.
WD announces new sublicensing partner.
Alrosa’s prices back at pre-crisis levels.
– Why its latest results contains “worrying signs.”
Lucara looking for third-party supply.
– Lucara earnings call.
Race to revive Ellendale will bring sparkle back to Argyle mine.
Avi Krawitz on how a traceable supply chain can build trust.
– CEO Magazine looks at issues in ethics and sustainability in jewelry.
Rami Baron on gender equality in the diamond business.
How secrecy, thick skins could damage the Swiss watch industry.
There are still issues in Mozambique’s ruby sector.
– Explanatory Twitter thread.
Will mercury-free gold be the next cruelty-free makeup?
A gold mine takeover shows increased mining-sector risk.
Nirav Modi fights extradition to India on mental health grounds.
Legendary Dallas jeweler and store matriarch Louise Eiseman dies.
– Dallas Morning News obit.
Lionel a Marca becomes new CEO of Breguet.
Jim O’Hare joins Uneek as regional VP of sales.
Sotheby’s to hold first-ever exhibition honoring Black jewelry designers.
American Society of Appraisers appoints first non-U.S. international president.
Jewelers of America turns 115 years old.
Jay-Z, Beyoncé new Tiffany style ambassadors.
– “Glass curtain” begins on Tiffany’s midtown store.
– The Ad Contrarian still upset about Tiffany’s “Not your mother’s” campaign (which, to be fair, hasn’t been on social media in weeks).
Frank Ocean opens up luxury jewelry store.
Serena Williams’ jewelry line signs exclusive partnership with Zales (subscription required).
Shetler Fine Jewelers acquires Medlars Jewel Masters, expands headquarters.
Metallica’s and Iron Maiden’s go-to jeweler just landed in SoHo.
Soulja Boy responds to claims he bought fake jewelry at Atlanta mall.
JVC post on the basics of ransomware.
Cape Cod jewelry store gets “small victory” in dispute with Pura Vida.
If you lose $158,000 in jewelry on a flight, who pays?
Scientists create glass that’s just as hard as diamond.
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