Diamond Shavings: Your Friday Web Roundup

Just a short note that I will be going on vacation next week, and won’t resurface until the Rapaport Diamond Conference on Sept. 8 … so no blog posts, and no round-up next Friday … Please try to survive.   

(NOTE: As Mall Jewelry Boy notes, if you want to comment, you have to type the verification letters in all caps. I have no idea why, but that’s how it’s going for now.)


And now the news …


Zale: Sales up, profits down.

– Stock soars.

– Reuters interviews CEO.
Earnings call transcript.


Tiffany: Sales, profits up.

– Upbeat about holiday.

Earnings call transcript.


Finlay: Sales up, profit down.

Earnings call transcript.


Michael Hill CEO interview.

– Could it steal marketshare?

– Gitanjail update.

– I should note, not that there was much doubt about this, the judge has approved the sales of the 17 Whitehall stores to Michael Hill.


Bankruptcy Watch:

– Fortunoff reaches agreement with lenders.

– Boscov’s execs could get survival bonuses.

– Bankrupt jeweler LeNature’s assets distributed.


Jacob the Jeweler collecting unpaid bills.


BHP/Rio merger talk “isn’t going away.”

– Australian competition authorities wary.


Chaim on De Beers name changes.

– Sight report: Clients “moody.”

De Beers opens “technology treasure chest.”


Declining rupee could help Indian trade.


South African permit requirements threaten industry.

– Botswana to auction rough.

Nicky Oppenheimer co-authors African aid article.


Diamond discovery roils Zimbabwe town.


Canada wants diamond bourse.


Diamonds worn at U.S. open and by Michelle Obama and Jill Biden.

– Oprah in diamond-studded “Obama” glasses.


Media Watch:

Broward Palm Beach New Times on  jewel thief gangs.

The New York Post’s Page Six magazine on Ivanka Trump.

Business Week on the “Amazonification” of ebay.

Botswana newspaper: Diamonds “come home.”

CS Monitor: From blood diamonds to blood cows. Ed Zwick, call your agent!


From the Blog:

Interview with Michael Hill CEO

Will “Pebble Mine” Rock the Industry?


Have a great holiday weekend everyone …I’m gonna into industry detox (for a week, at least) ….

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JCK News Director