Diamond Shavings: Your Friday Web Roundup

 

Fortunoff launches
jewelry venture.

– Interview with people
behind new company.

 

Shane files
reorganization plan.

– Official court
filing
. (PDF)

 

David Kwiat dies. Our thoughts are with his family.

 

Marange-a-palooza!
Diamonds now “un-banned.”

– First Zimbabwe diamond sale
nets $71 million.

– “Big money” arrives
in country.

– How are profits
being distributed?

– RapNet still banning Marange
stones.

– Prime Minister calms
expectations
, is “impressed”
with security.

– South Africa hails.

– Government press upbeat.

– Miners pledge “transparency.”
(Again, government press.)

– KP agreement brings country “out
from the cold.”

– WSJ talks
to monitors.

– Mining minister: Villagers
first found diamonds.

 

Mob connection in
diamond district heist ring.

 

D and M sues Olga
Mirimskay/Moti Spector.

 

Bidz 2Q results show
loss.

 

Analysts: Blue Nile has “highest efficiency” in
retail.

 

Alrosa sales, profits up. (PDF)

 

Namdeb eyes
turnaround strategy.

 

If you’re not bored
by this Naomi Campbell thing …

– Campbell’s testimony disputed by ex-agent
and Mia
Farrow.

– Model maintains she
told truth.

– Interesting FT
article
on her testimony (which doesn’t really mention diamonds.)

– Local group wants
diamonds back.

– Affair’s given blood diamond issue “most
coverage” in three years.

– Sierra Leone residents appalled
at media focus.

– Will she be offered jewelry ads? DIC gets
its say.

– Campbell does some post-testimony yachting with
DiCaprio
, in kind of a “blood diamond”-related celebrity hall of fame.

– The trade press weighs in: Thoughts from Charles
Wyndham
, Avi Krawitz,
Edahn Golan.  (And me
last week
.)

 

Houston robbery ends
with salesperson beaten.

 

Jeweler stiffed
by “potato chip queen.”

– Jacob the Jeweler sues
Wycleaf Jean.

 

Russell Simmons fights with blog over
“Blood Diamond Russ” nickname.
 
 Oy.

 

Woman drops engagement ring into
surf
. Double oy.

 

The Bachelorette engagement
ring.

 

Media Watch:

AP story
on Zimbabwe diamonds. Gets Rapaport’s former title very very wrong.

– The entire industry seems to love this
Wall Street Journal op-ed on conflict diamonds
, except for me. Look at the
comments, it doesn’t seem to have changed many minds.

US
News
says don’t buy diamonds. 

Real
Deal article
on Extell Gem Tower.

 

From the Blog:

Interview
with People Behind the New Fortunoff.

David
Kwiat Dies.

 

Have a great weekend …

 

 

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JCK News Director