Diamond Shavings: Your Friday Web Roundup

 

Lazare Kaplan sues insurance firms.

 

Citibank and Zale extend payment deadline.

– New York Post says new Zale deal coming “soon.” I would assume, contrary to what this article says, that Zale will at least add new management once it irons out its current financial issues. Also, I have heard many say that they think $150 million is a little low, given what Zale needs. Be interested in opinions on this.

 

Birks and Mayors sales increase 29%.

 

Blue Nile sales up 19%.

– Still “king of bling.”

 

Possible luxury “slowdown.”

 

Zimbabwe has violated Kimberley: JA. This is a huge development, if true.

– Chairman’s letter to KP. (PDF)

– Diamond official abducted in Zimbabwe.

– Bill mentions Zimbabwe’s suspension from KP.

 

White synthetics over a carat?

 

Chaim Even-Zohar’s farewell editorial.

– WWD jewelry editor goes to Christies.

 

Sources: De Beers may go public.

– New De Beers anti-trust investigation?  This doesn’t seem to be as big deal as the article makes it out to be. Hope to have more on this in a bit.

– Cuts 40% of workforce at SA mine.

 

Jewelers Opening:

Orianne Collins on Madison Ave.

Tapper’s in Troy, Mich.

 

Theives target De Beers and Tiffany.

 

More jewelers against “dirty gold.”

 

Naomi Campbell talks about her alleged “blood diamond” – somewhat, on Oprah.

 

William Sites wins Shipley Award.

 

Freddy Hagar re-elected head of London bourse.

 

Gilt.com founder speaks at WJA.

 

Diamond-studded guns!?

 

From JCK:
My article on flash sales.

My article on jewelry rentals.

My article on the diamond ipad.

 

From the Blog:

White Synthetics Over a Carat?

WWD Jewelry Editor Goes to Christies?

 

 

Have a great weekend …

 

 

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JCK News Director