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!

JCK News Director