Diamond Shavings: Your Friday Web Roundup

 

 

Zale calls off
Piercing Pagoda sale

– Comps up 7.6% in
second quarter.

– Gets new
board member.

– Upgraded by
Bank of America.

– My thoughts: Is
this turnaround for real?

 

NRF projects
4% gain
in retail sales this yer.

DTC sight prices rise
7%.

– De Beers’ prices rose
27%
last year.

– Avi Krawitz: Is the industry’s good
mood justified?

 

What’s holding up De Beers’ transference
of diamond aggregation
to Botswana?

 

Nicky Oppenheimer resigns from
Anglo board.
 (For good background detail, read this FT piece.)

 

Indians worry about rising
rough prices.

– Think U.S. dealers are
“hording.”

– More Indian diamanataires
making jewelry.

 

Alrosa plans big jump
in output.

 

St. Petersburg considering
diamond exchange.

 

Murowa output increases.

 

Will diamond sales be “smoking gun” against
Mugabe?

– Country’s finance minister “furious” about mission millions.

– Edahn: Zimbabwe and the Arab
revolutions.

 

Ongoing project
looks into diamond growth.

 

Silver sales hit
records.

– As does the
silver price.

 

Moissanite sales up.

– Famed investors grab
11% of the company
.

 

Gilt Groupe considering
IPO.

 

1099 likely to
be repealed.

 

Michael Hill profits rise.

 

JCPenney sales, profit up.

 

Sears names new CEO.

– Raises “more questions than answers.”

– Can anything save
Sears?

 

Whiteflash acheives
ISO certification.

 

Asscher family officially becomes
“royal.”

 

New diamond heist movie coming.

 

Paris Hilton shopping for
engagement ring.

 

Angelina buys Brad a
diamond necklace.

 

Someone gives diamond ring to
homeless man
. (Who needs it more than Brad and Angelina.)

 

Media Watch:

Mashable
profiles online jewelry design.

Atlanta
Journal-Constitution
looks at insuring jewelry.

Huffington
Post
writes up Circa at Fashion Week.

Motley
Fool
looks at Petra.

Cohasset
newspaper
runs a column by an alleged teacher at a university, filled with
amazingly out-of-date info. I wish De Beers still spent that much money on
advertising. Eesh.


From the Blog:

De
Beers Hasn’t Moved Diamond Sorting to Botswana Because of ______.

Is
the Zale Turnaround for Real This Time?

 

Have a great weekend …

 

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JCK News Director