This week: What the new natural diamond accord means. The luxury “vibe shift.” And MAGA influencers debate gem size. All below.
Trump raising tariffs on Indian imports to 50% on Aug. 27
– Diamond trade in turmoil
– Gem, jewelry business in shock
– More than a hundred thousand jobs at risk
– “Devastating for the diamond industry” (subscription)
– Companies may move manufacturing to Mexico, Dubai
– Titan looks to the Gulf
39% tariffs on Swiss watches now in effect
– Swiss watch industry in “crisis mode”
– Why Switzerland is in uniquely difficult position
– New levies might drive pre-owned demand
– Breitling and Swatch have a few months’ inventory in U.S.
U.S. imposing tariffs on gold bars
– Gold price sent soaring
– Citibank raises gold price forecast
My thoughts: How tariffs will affect natural diamonds, Swiss watches
Will tariffs damage U.S. economy?
– Top economist says U.S. on verge of recession
Fashion jewelry chain Claire’s goes Chapter 11, again
- Could close U.S. stores if buyer isn’t found
Brilliant Earth’s comps rise as it pays off debt
– Earning call transcript
Indian jeweler Titan’s profit jumps 50%
– Tanishq CEO says industry needs to innovate
Luxury brands get hit by a “vibe shift”
Full video of Initiatives in Arts and Culture’s panel on gold and diamond traceability
South Africa to join industry marketing accord
– Natural diamond sector at “inflection point”
Larger diamonds in hot demand at De Beers sight (subscription)
Ekati owner expects mine to stay open until 2040
– It’s keeping cutbacks for now
– Union leader encouraged
Sundance Living bankruptcy hits small jewelry company
Pandora is victim of data hack
Swarovski, Signet vet William Clark joins Harry Winston
Clientbook hires two new VPs
Another Saks Global exec is out
Suspect arrested in 1992 murder of Miami jeweler
New Zealand newspaper remembers Michael Hill
MAGA civil war breaks out over diamond ring size
Cardi B reveals massive jewelry purchase from Cartier
The Gilded Age women show status through jewelry
Antiques Roadshow guest won’t wear jewelry after learning its value
From the Blog
How Tariffs Will Affect Natural Diamonds and Swiss Watches
From the Podcast
The Jewelry District: Natural Diamond Marketing, High Jewelry, Rob’s New Book
Email: rbates –at – jckonline.com
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