As this is being posted, I am jetting off to the GIA
Symposium, and then to JCK Show in Vegas, where next Saturday I am giving a
seminar on the “Top
Ten Issues Facing Our Industry.” (Although I’ll tell you a secret: I don’t really have ten. I’ll have to make some up.) Hope to see you some of you there, and on
my travels.
We also have a new comment system—which for now has erased
all the old comments, although they should be returning soon. But it should make everything a lot smoother. Let me know if you
have any problems.
And now the news …
This week in the jewelry industry: Great financial results from
Tiffany and Sterling (not surprising) and Zale (surprising!)… More blogging on
the Forevermark, because writing about the Forevermark is becoming something we do forever …And big celebrity jewelry news from Kim Kardashian and, um, Newt Gingrich … All
below …
Zale comps up
15.2 percent.
– Conference call transcript.
– Motley Fool: “Still a struggle.”
Sterling sales up 10 percent.
Tiffany sales, profits, way up …
– Conference call transcript.
– A “blow-out.”
U.S. gold jewelry demand falls
10 percent.
Reuters: Harry
Winston wants to grow to 50 stores.
– Parent company wants more
diamond projects.
– Edahn Golan on Winston’s alliance with investment fund.
Report: Sightholder/jeweler Chow Tai Fook going public.
Avi Krawitz: Diamond industry “leaving U.S. behind.”
Equity firm invests
in Circa.
WFDB urges end
to KP/Zimbabwe impasse.
– My thoughts: They
stepped in it.
The Forevermark: What’s
De Beers Selling?
Jewelers Opening:
Jewelers Closing:
Antwerp Diamond
Conference:
– Day
two.
Alrosa has
“massive resources?”
– Alrosa not selling
Russian mine.
Namibia wants more “goodwill” from diamond
manufacturers.
46-carat diamond, owned by a “distinguished lady,” being
auctioned at Christies. I agree with this.
Rapaport launches rupee price list.
Google wallet debuts. Interesting stuff.
Overstock cuts Connecticut
ties.
DPS vet Ramirez joins Ostbye.
Kim Kardashian gets seriously large engagement
diamond.
– Like “strapping a deck of cards” to
your finger.
Newt Gingrich says Tiffany bill paid
up.
– Story “doesn’t
bling true”?
– Connected to
Tiffany lobbying? Probably not.
– Slideshow of his
wife’s pieces.
– So he bought jewelry. “So
what?”
– Colbert: “Simple explanation. The guy clearly buys his engagement rings in bulk.”
Ingrates upset over Oprah
diamond gift.
Media Watch:
Barrons chronicles a GIA misidentification.
From the Blog:
The
Kimberley Process and Zimbabwe: The WFDB Steps In It
Forevemark
Blogging: What’s De Beers Selling?
Feel free to comment on any of the above in the box
below, have a great weekend, and see you around …
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