Diamond Shavings: Your Friday Web Roundup

This week… Is there a Neil Lane curse?… China may buy 25 percent of the world’s diamonds… And Katie Holmes bares quite a bit in a jewelry ad… All below …

 

Tiffany to open two U.S. new stores, hurt by silver sales.

Earning call transcript.

– Still “takeover target.”

 

Samuels accused of not honoring return policy.

– Station airs second story.

 

Functional jewelry: The next trend?

– Google making password ring?

– Samsung also producing smartwatch.

– Google’s making one too!

 

Online sales tax now facing headwinds.

– But looking good in Senate.

– Tax not being added to larger bills.

– Conservative groups split on issue.

– Sales collections falling short.

 

J.C. Penney says turnaround might not be successful.

– Analyst: Company could be bailed out by real estate.

– Are too many commuting executives the problem?

– CFO: We must reconnect with core customers.

The New Yorker weighs in.

 

Signs of “solid economic recovery” in the United States.

 

Tsunami causes jewelry sales to jump in Japan.

 

De Beers: China may account for 25 percent of the diamond industry.

 

Edahn Golan: Dubai hoping to replace Antwerp.

– And Botswana hoping to challenge Dubai as diamond center.

– Avi Krawitz on cutting center competition.

 

India forecast 25 percent rise in diamond imports.

 

De Beers appoints 5 new sightholders.

 

“Unease” in diamond industry about bank financing.

 

State Dept. officials express “impatience” with diamond industry reform efforts.

 

Woman raped, murdered in Zimbabwe diamond rush.

– Zimbabwe minister calls for sanctions to be lifted. (Govt newspaper)

– Banks still reluctant to finance Marange goods. (Govt newspaper)

 

Sierra Leone miners toil to get rich.

 

Peter Meeus nominated as new head of World Diamond Council.

– Nomination “premature.” And nominations are generally not done in public, I might add.

 

239 ct. diamond discovered in Botswana.

– Valued at $10 million–$15 million.

 

Barclay’s and HSBC cut gold price forecasts.

– Australian government also forecasts decline.

 

EBay dropping its fees.

– Amazon sellers unhappy about theirs.

 

Pandora, Trollbeads sign IP deal.

 

Harry Winston gets approval for Swatch deal.

 

Motley Fool warns caution about Signet earnings.

 

HRD lab gets new general manager.

 

Charles & Colvard promotes new president.

 

Raymond Weil announces new vice president.

 

Antwerp diamantaire Nirav Shah dies.

 

Alleged killer of Chicago jewelry designer arrested.

 

Charges against Florida jeweler dropped.

 

Diamonds missing after Surat fire.

 

Helzberg, Swarovski called top workplaces.

 

Katie Holmes in new IRIS jewelry campaign.

 

Engagement ring found in printer.

– Technician hailed as hero.

 

Jewelry found in California sewer.

 

Are Neil Lane rings cursed?

 

Miley Cyrus shows off engagement ring on Twitter.

 

Guy spends $45,000 on his proposal.

 

The world’s most expensive (and, naturally, diamond-covered) dress.

 

Media Watch:

– The Wall Street Journal visits an Upper East Side jeweler.

The New York Times on Tucson (by JCK’s EIC) and gem treatments in India.

– Huffington Post on taking a photo of your engagement ring.

– Business Insider calls diamonds “a sham.”

 

From the Blog:

The State Dept Expresses “impatience” With Diamond Industry at Meeting

Functional Jewelry: The Next Trend?

 

Have a great weekend…

JCK News Director