Diamond Shavings: Your Friday Web Roundup


One short note: If you are a jewelry vendor of Wal mart, I’d be interested in speaking with you (confidentially, if you prefer.) My email is rbates@reedbusiness.com. And here now the news …


Diamond prices on the precipice.

– Rapaport “expects declines.” (And indeed, there were some decreases today.)

– Chaim: Let the rough fall!

– Wyndham: I’m “not surprised.”


Consumer confidence hits all-time low.

– Disposable income falls 8.7%.

– High end retailers “mull holiday discounts.”


Shares of jewelers rise following rate cut.


Fabrikant owners’ assets released.


RBC Capital: “Gloomy outlook” for diamonds.

– Mark Boston: Let’s go back to basics.


Hedge funds target Dillard’s management.

Chapter 7 petition filed against Dunkin’s Diamonds.

Bigger, better quality synthetics promised.


Fake GIA reports spotted.

– GIA responds.


DMIA meeting: Protect yourself with UCCs.


Walmart opens fewer stores, targets higher income shoppers.

– Company CEO: “It’s our time.”


Analyst upgrades Blue Nile.

– Stock rises.

– Company could “exceed expectations.”


Report on Zimbabwe informal mining.

– Minister: Diamonds will turn around Zimbabwe.


Botswana newspaper: Cutbacks not result of “pressure.”


Argyle pink tender completed.
– Petra sells 8.8-carat blue.


UN extends Ivory Coast sanctions.

– NGOs criticize Kimberley Process. Full report. (PDF)


Survival claims “victory” in De Beers campaign.

– Group targets Steven Webster.

– De Beers praised by WWF.


“Diamond scam artists” in Washington.


Three bidders for JCK parent.


Model, Szul settle lawsuit.


It’s “Breakfast at Tiffany”’s 50th anniversary!


The diamond-covered doo-dads continue … this week, cellphones.


Kate Moss: Daughter’s more important to me than diamonds. Um, I hope so …

This just in … and really the perfect day for it … the singer of “Monster Mash” is now … a diamond. Yes, it’s true. Relieve his moment of glory here. Happy Halloween!


Media Watch:

The Financial Times on “crisis diamonds.”

Portfolio on Tiffany’s new stores.

–  WWD on Tiffany’s new Madrid store. (Sub required)

The Forward on the latest Leviev controversy.

The Globe and Mail on Toronto diamond exhibit.

– The Pittsburgh Post Gazette on engagement trends and diamond cuts.

Canadian newspaper  talks to Gabi Tolkowsky.


Have a great weekend …

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JCK News Director