Diamond Shavings: Your Friday Web Roundup


Can you read this? Apparently a lot of people have been seeing white space when they click on posts (the text is there, you have to scroll down a bit), instead of how it’s supposed to look. If this a problem for you, could you please write me at rbates@reedbusiness.com, and tell me what browswer you are using (It tends to happen with Explorer, version 6) … Thanks!


Here now the news …


Whitehall purchases 78 Friedman’s stores.


JSA: Jewelry crime down.


De Beers settlement looks approved.

“Coming to America?”

– Chaim’s thoughts.


Esmerian goes Chapter 11, auction halted.

– Otherwise, Christie’s sale “remarkable.”

– Stock woes at Sotheby’s.

Hedge funders spend money on jewelry.

– But only 2% of moms want diamonds for Mom’s Day. (Maybe they’re just being nice. You know moms.)


Gassman: Customer service “trumps everything.”


“Tough times” for specialty retailers.

– Some “bucking the tide.”

NY Times on retail bankruptcies. (mentions Zale, Fortunoff)


DMIA, GIA discuss bribery scandal.


Indian diamond “sweatshops” “under review.”
– Laborers’ “road to hell.”


Gem Diamonds halts mining over environmental concerns.


Namibia mine profits fall.

– De Beers finalizes Nambia marine talks.


Russians “bury hatchet” with De Beers.
Business Day trails Oppenheimer in Moscow.


Another “ex” jewelry site. I hereby dub it a trend.


Media Watch:

Huffington Post spotlights “lure of the engagement ring.”


From the Blog:

Bittersweet Journey?


Have a good weekend … and happy Passover to all who celebrate …

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JCK News Director

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