Diamond Shavings: Your Friday Web Roundup

Before we get to everything else, regarding Whitehall … obviously we have been getting a lot of comments from people anxious to know what’s going on with last night’s auction. (EDITED AT 4:30) For an update … see here

 

And here’s the rest of the news …

 

Mervyns goes Chapter 11.

– Chain faces “tough reorg.”

Will it survive?

– Gets DIP, to close 15 stores.

 

Is Bocov’s next?

– Chairman denies bankruptcy reports.

 

Whitehall can’t sell consigned goods.
– Whitehall update.

 

Jewelry Television cancels move. (Via sparklesmart)

 

Supplier of Choice architect now at Element Six.

– Charles Wyndham is skeptical. Interesting stuff in there.

– Synthetic diamond inventor dies.

 

Forevermark labs open.

 

Appeals filed in De Beers class action.

 

JA: Business flat in 2007. My thoughts.

 

Colibri gets recapitalized.

 

Bombs found in Surat.

– Factories back to business.

– Buyers “reluctant to visit.”

 

Chaim: Anti-money laundering rules harmonized.

 

High hopes for IIJS.

 

Funds dump Zale stock.

– Tiffany downgraded by BoA.

– Harry Winston valuation cut.

– Target called “roadkill.”

 

African Diamonds files case against De Beers.

– Case deferred.

– Company’s stock rises.

 

Leviev campaign called “political.”

 

Jacob the Jeweler sues Wycleaf Jean.

 

Diamonds may have started life on Earth. Yet another thing they can be blamed for!

 

Media Watch:

The New York Times on Cartier’s Myspace page.

 

From the Blog:
Judge Rules Whitehall Can’t Sell Consigned Goods

Surveying the Survey: Business in 2007.

Appeal Filed in De Beers Anti-Trust Case.
Whitehall Update.

 

Have a good weekend …

JCK News Director