This week: Prices of the most sought after watches fall. Retailers learn how to compete with Amazon. And more gems are being produced in the United States. All below.
Signet’s Gina Drosos sees solid holiday for jewelers (just don’t expect 2021)
– Shares rise
– Earnings call transcript
– Drosos on Yahoo Finance Live , Bloomberg (video), and CNBC (video)
De Beers now 0-3 with blue diamond collection
– The 303 ct. Golden Canary fails to sing
– Why are larger stones losing their luster?
Most-traded timepieces fall to pre-boom levels
Will Rolex program kill secondhand boom?
Secondhand site Watchmaster goes bankrupt following burglary
Breitling planning IPO as ownership shifts
Philadelphia jeweler found guilty of counterfeit watch trafficking
– JVC’s Sara Yood has some words to add
Britain’s oldest jeweler shuts its doors
How Daniel’s Jewelers has lasted more than 70 holiday seasons
Is Amazon done disrupting retail?
New technology ensures diamond matches report
– Could NFTs prevent diamond report fraud?
Lab-grown company Adamas One raises $11 million in IPO
Will De Beers be bought?
Alrosa not commenting on reports of CEO departure
Russian mercenaries Wagner Group accused of using violence to corner diamond trade
– Newspaper: Belgium companies involved
– Original report
Purported diamond smuggler Viktor Bout exchanged for Brittney Griner
EU sanctions Belgian gold trader
Did lawyers for Isabel dos Santos get paid with Dubai “diamond money”?
Indian banks join forces against Jatin Mehta
– The Dubai conference where he got cornered
Surat income tax department swoops down on diamantaires
Iranian hackers accused of targeting the diamond industry
Diavik fined $150,000 after pleading guilty to 2020 accident that left a worker blind
An increasing amount of gems produced in the United States (from JCK’s editor-in-chief)
New York Times profile of sustainable jewelry consultant Christina Miller
Molefi Letsiki Diamonds is first majority Black-owned sightholder at De Beers
Chinese hard luxury brands aren’t doing enough to win Gen Z
LVMH’s push into “hard luxury”
Arnault’s children vie to take over LVMH
Dick Garard steps down as head of IGDA
Montreal company trying to build lab-grown market
Frank Ocean excited about lab-grown diamonds
Alessandra Ambrosio poses in underwear, draped in diamond jewelry
Why Meghan Markle wore Princess Diana’s aquamarine ring to Ripple of Hope gala
Holocaust survivor and Jeffrey Mann Jewelers matriarch Rena Mann dies
Jewelry companies IDD and Sandeep Diamond lease space on Fifth Avenue
Woman asks to see $28,000 ring at Costco, puts cheaper ring back in clerk’s hand
Man mistakenly tosses wife’s diamond rings, finds them in 20 tons of trash
Man feels he should get his mother’s diamonds
Stunning 1,300-year-old gold necklace unearthed in England
Media Watch
Chemistry World on the diamond synthesizers
Parade on permanent jewelry
The New York Times on wearing childhood memories, using wood and glass in jewelry, and a Parisian jeweler helps coral reefs
From JCK Pro (subscription)
From the Podcast
The Jewelry District, Episode 84: Guest Marion Fasel
Have a nice weekend!
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