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 …

JCK News Director