Diamond Shavings: Your Friday Web Roundup


Housekeeping note … Next week I will be at the 33rd World Diamond Congress  in Shanghai.  Time and technical issues permitting, I hope to post while I’m there (as well as do this round-up) …


US bankruptcies down in 1Q. Surprising.


Zale sales up 6.3%.  

Due to “liquidation.”


Signet sales down 2.5%.

UK up, US down.


Blue Nile 1Q sales up 3.8%.

– Shares rise.

– “Showing its age?”

Conference call.


BIDZ sales increase 38%.

“Tops guidance.”

“Loser of the day.”


Amazon’s diamond sales double.


House of Taylor in $3.95 million default. Ouch!


GIA “Certifigate” records subpeonad.  

– Who owned Vivid Collection?

– Attorney letter, more docs. (PDF)


Wyndham: BHP shows tender trend. Indeed, I’m starting to hear people say we could be seeing a fundamental change in how rough diamonds are sold.  


Can brands go upscale?


Tacy’s diamond pipeline report.


BHP, EU discuss Rio takeover.


Indian traders cope with defaults.


Australian jeweler collapses.


Leviev: Dubai stores will open.

– Anthrax guitarist designs for Leviev.

– Diamantaires make UK rich list.


Israeli Exchange adds new floors.


Broker robbed in Dallas.


Hedge fund new JCK owner? Don’t ask me!  


Media Watch:

Herald Tribune: Will diamonds “lose sparkle”?

Huffington Post: “Conflict gold”?

Reuters spotlights “breakup jewelry” sites.

CBS Market Watch: Jewelry buying tips.

San Francisco Chroncile blog on “push prizes.”

Defamer round-up of celeb engagements; mentions blood diamonds, calls movie “boring.” (I agree!)


From the Blog:
De Beers’ Forevermark: The Beginning of a New Age?

Who Owned Vivid Collection?

Can Brands Go Upscale?

Have a great weekend (and see some of you overseas) …

UPDATE: Just saw this…. Mark Boston’s blog. It’s good! Good luck, Mark, and have fun!

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JCK News Director

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