Short administrative note: Next Thursday I leave for the Israel Rough Conference, where I am told, over 99% of the world’s rough diamond producers will appear. I wonder: Who is the under one percent that’s not coming? Were they not invited? Why are they missing all the fun? Anyway, if all works well with the blog tool – always a big “if” – I’ll post this round-up at the regular scheduled time (about 2:30 EST) next week.
Now the news –
– In the comments, the astute Mall Jewelry Boy notes that if L and T buys Fortunoff, it will hurt Finlay.
– Newsday: L and T left table weeks ago, but returned.
Friedman’s goes Chapter 11.
– “Change” in trade thinking?
– GLG: Hedge funds “fail” at jewelry.
The State of the Jewelry Nation is …
– Gassman on jewelry demand.
– The outlook for chains.
– De Beers: “challenging” year for US.
Whitehall’s new funding agreement.
De Beers (retail) opens in Dallas.
Foreign retailers target New York. (mentions Japanese jeweler Nikawa.)
Survey: A “cost-conscious” Valentine’s Day.
Will gold shoot past $1000?
Diamdel’s first e-auction.
– Chaim: “Pandora’s box.”
– Auction closed to Americans.
De Beers South African mines reopen.
– Cost of closure: $3 million a day.
Some jeweler’s alarms won’t work soon.
Michigan has diamond rebate fever.
Declining jewelry ads hurts newspapers.
DDC debates term limits.
Diamond Development Initiative appoints executive director.
– Whole Life Mag and Common Ground Mag on eco-friendly jewelry. While this is an important topic, one I just spent the last week researching, I wish reporters would talk to independent authorities on this topic (i.e. NGOs) instead of just google searching and talking to companies with a product to sell.
– Australia’s The Age on “blood”/conflict diamonds.
From the blog:
Have a great weekend ..