This week … The DTC says goodbye to London … Swatch says goodbye to Tiffany … And Missoni? I guess that was a good buy … All below …
“Decent” holiday forecast.
– Retail sales flat in August.
– Forecasters see rocky retail recovery.
– My thoughts: Yes, there really is a “new normal.”
Can the jewelry business mimic Missoni mania?
De Beers sights moving to Botswana. Big news.
Firestone: Diamond prices down 15 to 20 percent in August.
– Avi Krawitz: Market “jittery” ahead of Hong Kong.
– Is diamond market in “irrational depression”?
Tiffany’s international business will “soon be more important than America’s.”
– Swatch Group ends partnership with Tiffany.
– Company opens new store in Soho.
Blue Nile sells $300,000 diamond via mobile.
Richline purchases Carniani.
Richemont wins big default judgment in counterfeit case.
Wild story: Jewel thieves doubled as jewelers.
Jewelers remember 9/11.
– Edahn Golan: “We all bare scars.”
– JCK coverage ten years ago: Initial coverage; “Brush with a Nightmare”; “[Bob] Speisman Remembered”; “Coping with Crisis.”
Video from this week’s Rapaport conference.
– NJ write-up.
Zimbabwe wants to sell around Kimberley Process.
– Another diamond rush in Zimbabwe.
(Third) Marange mine declares itself Kimberley-compliant.
Indian jeweler accused of diamond smuggling.
Texas electric company rejects “blood diamond” charges.
Angolan diamond sector regaining importance.
Jewelers Closing:
Achkar Jewelers in Youngstown, Ohio.
Bellman Jewelers in New Hampshire.
Hearts On Fire teams with Hearst for media campaign.
Long-time CJA director Robert Westover dies.
Italian wholesaler Francesco Roberto dies.
Idex introduces another new price list.
– Yellow diamond price list introduced.
Petra completes acquisition of Finsch.
Namibian diamond strike ends.
Diamonds offer clue to carbon cycle.
Holly Durst’s got an engagement ring.
– Britney Spears, not getting one.
Media Watch:
– Fox Business on pawning gold and diamonds.
– Treehugger on the Kimberley Process.
– California writer for Patch describes her ring buying expedition and getting a new one.
From the Blog:
Can the Jewelry Business Mimic Missoni Mania?
Yes, There Really is a “New Normal.”
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