Diamond Shavings: Your Friday Web Roundup

This week … When is a “close” jewelry design an outright copy? … Gitanjali seeks “lifeline” from banks… And a rapper stiffs a jeweler … All below …

 

Zale sees first profitable year since 2008.

– Earning call transcript.

– Stock rises 20 percent.

– Relative value “still appealing.”

 

Signet sees comp rise, will increase holiday ads.

– Earning call transcript.

– Outlook “disappoints.”

– Investors not too excited.

 

Tiffany’s America sales flat.

– Earning call transcript.

– Citigroup downgrades to “neutral.”

– What Tiffany has in common with Krunkgrillz.com.

 

Alex and Ani among fast-growing companies.

– Whiteflash experiences big revenue jump.

 

Neiman Marcus still may be sold.

 

Largest J.C. Penney shareholder selling stake.

– Takes 50 percent loss.

 

Gitanjali seeks “lifeline” from banks.

– Analyst concerned over “corporate governance” issues.

– Stock now falling again.

 

Birks & Mayors amends credit facilities.

 

Samsung smartwatch coming in September.

 

Australian securities regulators examining diamond trading scheme.

 

Lab grown diamond company “making progress.”

 

GIA signs papers for office in International Gem Tower.

 

Helzberg carat weight dispute leads to lawsuit.

 

Florida jeweler fights inaccurate diamond grading with “Diamonditis” campaign.

 

Cheryl Kremkow: When’s a design too close?

 

Customs officials seize $1.2 million in counterfeit watches.

 

Volatile rupee hurting Surat.

 – Rupee hits new low.

– Avi Krawitz assesses the impact.

– India may buy gold from citizens to ease impact.

 

De Beers lowers rough prices.

 

Edahn Golan: Banks are the new market custodians.

 

The state of the industry from Martin Rapaport and Chaim Even-Zohar.

– Rapaport video.

 

New Bain and Co. tracks diamond supply chain.

 

Israeli dealers confident after market week.

 

Indian diamond employee held for tax evasion.

 

“Unorthodox” Citi analyst sees $3,500 gold.

 

Fair trade gold: An update.

 

Tanzania’s gold miners risk injury and abuse.

 

Aboriginal groups wants to stop diamond mine.

 

Mozambique wants to start diamond mining.

 

Mining company looks at Zimbabwe assets.

  

GIA signs papers for office in International Gem Tower.

 

Ralph Williams, former president of 24 Karat Club SEUS, dies.

 

Industry veteran Alan Katz dies.

 

Costa to chair Tiffany Foundation.

 

Australian securities regulators examining diamond trading scheme.

 

Singapore gemology consultant accused of stealing two diamonds.

  

Postal worker admits stealing $128,000 in diamonds, other jewelry.

 

Drake stiffs Manhattan jeweler.

 

Harry Winston ring highlights Sotheby’s auction.

 

Offbeat engagement rings.

 

Media Watch:

– The Detroit News tells a story of love and diamond rings.

– Mark J. Perry of the American Enterprise Institute writes thoroughly outdated blog about diamonds. Pathetic.

 

From the Blog:

Fair Trade Gold: An Update.

Lab-Grown Diamond Company “Making Progress.”

 

 

Have a great weekend …

 

– Don’t miss a story or blog! Subscribe to JCK’s daily e-newsletter.

– Email: rbates – at – jckonline.com.

– Twitter feed: robbatesjck

– Connect on Facebook and Linkedin.

– Cutting Remarks RSS feed.

JCK News Director