There have been some weeks lately where the news has been (relatively) good. This was not one of them …
Zale Corp. lost $190 million in 2009.
– Earnings “not a pretty picture.”
– Stock tops list of price decliners.
– My thoughts.
Overseas Diamonds goes under water.
– U.S. team forms new company.
Diamond bankers don’t expect quick recovery.
IRS examining jewelry companies about Patriot Act compliance.
Did Macy’s (or Finlay) sell fake diamonds as real?
The Everlon Knot is, um, featured in Sam’s Club circular. Whoa.
Morris Green, New York dealer, dies.
– Considered “murder-suicide.”
China overtaking Japan as second largest diamond market.
Surat diamond industry may not fulfill demand at holiday.
– Luring working from other industries.
Anglo-American keeping De Beers investment.
– De Beers production fell 40% in second quarter.
– Company cancels annual turkey gift.
Vercase to lay off 350.
Tiffany “faces challenges.”
Blue Nile’s “stock will sink.”
Barrier’s in Witchita goes Chapter 11. (second item.)
UN: Ivory Coast diamond embargo breached.
– Israeli company singled out.
– Israel denies illict trading.
– Zimbabwe called “distraction.”
KP report calls for Zimbabwe ban.
– Full report.
– Rights groups want “urgent action.”
Panama: Hub for diamond smuggling?
Alrosa’s sales hit $1.73 bill for the year.
South Africa looking at diamond tax.
Diamond thief arrested in South Africa.
Former De Beers marketer launches rental service.
50 Cent can no longer afford diamonds. So that’s what the industry’s problem is.
Paris Hilton gets jewelry back.
Wall Street Journal on jewelry industry failures.
British newspaper on socially responsible jeweler.
Cape Cod Online on cash4gold.
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