This week … It’s not an Ideal day at Lazare Kaplan when you’re suing the Antwerp Diamond Bank … And how stressful is being a jeweler? Any worse than being a jewelry reporter? … And The New York Times discovers that diamond smuggling is not a good long-term career choice … All below …
Birks & Mayors gets new CEO.
– As does Hublot.
2012 may see “tepid consumer spending.”
– Indian industry expects “dismal” 2012.
– NJ: U.S. jewelers optimistic.
Record breaking year for Internet sales.
– Online sites get Christmas glitches.
– Asprey starts selling online.
– Diamond studs top Amazon jewelry purchases.
– Shoppers don’t trust Facebook stores.
Is new app the future of retail?
Lazare Kaplan vs. Antwerp Diamond Bank: The 163-page complaint.
– Edahn Golan: It’s “war.”
– Chaim Even-Zohar breaks it down. ($)
– Banks deny charges.
Sears, Kmart brands get new president.
Macy’s, Bloomingdale’s closing stores.
Pandora closing 100 stores in Australia, New Zealand.
Diamond-related stocks not doing well.
– Tiffany “exposed to luxury slowdown.”
– Seeking Alpha says “short Blue Nile.”
– Bidz one of worst performing Internet stocks in 2011.
Is being a jeweler a stressful job?
The Smuggler’s Blues: Diamond stealing down from Zimbabwe. Mozambique not happy.
– Zimbabwe to become third largest diamond producer.
– U.S. ambassador to Zimbabwe now says Marange diamonds “should never have been” an issue in Kimberley Process.
– Diamond ore stolen in Zimbabwe.
BHP may only get $500 million for Diavik.
Anglo board approves De Beers acquisition.
Jailed Indian diamantaires to arrive home soon.
Australia’s diamond mining business forecast to grow.
Japanese want higher value diamonds.
Facebook post solves diamond theft. Wild.
Helzberg hearts and arrows settlement site.
British royal jewels go on display.
Citra Trading founder dies. Some nice comments.
MJSA elects new board of directors.
Worker injured at 47th Street construction site.
Cameroon villagers hope diamonds bring development.
Kanye West “done with bling.”
Drew Barrymore gets engaged with Graff ring.
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