Diamond Shavings: Your Friday Web Roundup

This week …Valentine’s Day and jewelers make beautiful music together … Marange diamonds and the Zimbabwe government create a far-less-lovely sound … And Reuters tries to play matchmaker for Zale and Sterling … All below …


Jewelers term Valentine’s Day decent.

National Jeweler somewhat more upbeat.


Blue Nile slashes prices as sales, profits fall.

– Is site’s market share falling?

– Stock tumbles.

– Analyst raises rating.

– Investor presentation audio. (Interesting, but long.)

– My thoughts: No longer in denial?


Reuters speculates about Zale/Signet merger.

– My thoughts: Still a bad idea.

– Sterling promotes Hrabak. Montalto retires.


Some 17 percent of men would want “man-gagement rings.”


How Target collects shopping information. Interesting.


Retailers shut Facebook stores.


Macy’s hiring 4,000 full-time employees next year.


Sears to lay-off 100 employees.


Indian diamantaires chosen as consul generals.

– Times of India worried about Chinese “threat.”


Graff Diamonds preparing $1 billion Hong Kong IPO.


Diamond thieves arrested in Hong Kong.


Edahn Golan: U.S. diamond figures show money laundering.


Global Witness releases new report linking diamonds to Mugabe.

– Report.

– Zimbabwe prime minister urges “transparent” trade.

– Avi Krawitz: De Beers “needs to take stand.”

– A response from Diamond Intelligence Briefs. [$$]


Chaim Even-Zohar on the new KP chair.

– CNN interviews Milovanovic.


Sowind Group announces new president.

– PPR revenues rise.


Hearts on Fire announces new design director.


Jewelers of America announces staff changes.


JCK Fund announces grant winners.


Grunwald D Fine Jewelers closes.


Argyle underground mining delayed a year.


De Beers still holds some Botswana government diamonds.


Diamond taxes hurting Namibia?


Dead poodle’s diamond collar stolen in French cemetery.


Media Watch:

Forbes article on selling diamonds includes a quote from yours truly.

Fashionista on top engagement ring trends.

– New York Times and Bloomberg editorial on the Kimberley Process.

– Yahoo Financially Fit on buying an engagement ring. (Video)


From the Blog:

Blue Nile: No Longer in Denial?

Zale, Sterling Merger: Still a Bad Idea.


From JCK:

My article on chain of custody.


Hope all my U.S. readers have a great President’s day weekend …


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JCK News Director