Diamond Shavings: Your Friday Web Roundup

For those of you following the Finlay saga, check out the first link … It seems like it could be the last straw, but this is a company that’s perservered way beyond expectations. Anyway, hope everyone has a great Fourth of July weekend …

Finlay officially misses June bond interest payment

Bankruptcy of the Week: Speidel files for receivership, now up for sale.


JC Penney gets new fine jewelry head.


Shake-up at Helzberg’s.


GIA: Lab business up.

– Gassman: Jewelry demand decline has “slowed.” 

– Post-recession, will people’s spending patterns change?

Debswana secures multi-million dollar loan.
– Nchindo case postponed.


Sierra Leone: US jewelers stole gems.


Kimberley Process Zimbabwe mission foiled?

– Inspection “wraps up.” 

Antonio Bianco dies.  


Chuck Lein joins moissanite board; company settles lawsuit.

New marketing chief at Alrosa.


A Jaffe appoints new VPs.


Blue Nile severs web affiliate programs, to avoid playing sales tax.


Bidz updates stock repurchase program.


New patent issued for synthetic diamond process.

– Chaim on the machinations behind synthetic nomenclature in Europe.


Friedmans, Crescent distribute creditor cash.


Venezuela to develop gold, diamond mining.


The Jonas Brothers engagement ring.


Media Watch:

AFP article and the Jerusalem Post on industry woes.

Tiffany mentioned in article on “green” luxury companies.
Local tv station tests out Cash4gold.

From the Blog:
GIA: Lab Business Up.
Shakeup at Helzberg.

Have a great weekend ….

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JCK News Director