Diamond Shavings: Your Friday Web Roundup

First, a self-promotional note: I will be moderating a panel on “Synthetic Diamonds in Today’s Market,” featuring all the major lab-grown diamond producers, as well as Cecilia Gardner of the Jewelers Vigilance Committee (to shake things up) … Catch it Wednesday, May 28, 2008, from 10:45 AM to 12:00 PM, at room Zeno 4610 … It’s part of a day of diamond seminars that will also have presentations by manufacturer Hertz Hasenfeld and JCK columnist Ben Janowksi. Should be interesting. (Seminar schedule.)


As for the show, just about everyone I spoke to is nervous about it, but personally I’m trying to stay upbeat. There is a lot of pent-up demand out there, and the economy, while not in great shape, seems a little better than it did a few months ago.  Remember, there has never been a truly bad Vegas show – some okay ones, perhaps – but never one where people didn’t go home having done business. In any case, it’s probably a good thing expectations are low.


Now the news …


Zale posts 3Q loss.

– Moves please investors.

Conference call. Upbeat about Mother’s Day.

– Will ”luck”continue?


Whitehall’s sales, profits fall.


Jewelry Television slashes jobs.


Tiffany raises profit, outlook.

– Company “dazzles.”

– “Why haven’t shares done better?”

– How it “rescued its brand.”

– Store hosts book party.


BIDZ stock climbs after LID auction.

– New phase for company?

– Problems “in the past.”

– Can Blue Nile still grow?


Gassman breaks down Harry Winston.

– Ronald Winston retires.


Chaim on GIA/Julius Klein case. Apparently there has been the go-ahead for depositions of the two parties, which are being taken today and next week …


GIA on new Apollo synthetics.

– Joint association statement.


Alrosa: Weak dollar a danger.

– Alrosa seeks deal with Fabrege.


Wyndham: Will De Beers swallow Debswana?


Publicly held jewelers lose market share.


India introduces “diamond hallmark.” Lord knows we need more.

What exactly is the Forevermark?


New US rough diamond regulations.

– JVC release.


Big Rap price increase.


DDI releases Sierra Leone guidelines. (PDF)

Auction house Antiquorum sold.


Disney fine jewelry?


Media Watch

The Herald on conflict diamonds and gold.


From the Blog:
What Makes a Sweatshop?

What Exactly Is the Forevermark?


Have a great Memorial Day weekend … and then it’s show time

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JCK News Director

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