Wow, what a week … First, I advise every one of you to read to the end of this post for a special holiday surprise. Seriously. It’s worth it.
Also, I will be on vacation through January 2, where I hope to think as little as possible about the diamond industry. Make sure nothing important happens when I’m gone!
But now, after you click “Read More,” the news …
Zale CEO resigns. Former CEO president of Children’s Place takes over.
The DTC Announces the Most Important List Ever.
– Unofficial new sightholder rosters from Idex and Rapaport..
– I beat the subject to death here, here and here. Plus, words from Charles.
Holiday reports:
– One in five men have not shopped yet
– A disappointing luxury Christmas. Video.
– Ten percent jump in luxury purchases online.
A new diamond-themed major motion picture. At least it’s set 40 years ago …
Diamondsclassaction.com was supposed to go live today. But at 2 PM, it still hadn’t. Ads about the class action suit should start to appear soon as well.
Leviev, H Stern, open more Moscow stores.
Jayam loses appeal for case against DTC.
Report: Money laundering operation went through 47th Street.
Rising rupee hurts Indian companies. But the Yuan’s causing problems too.
Gitanjali signs deal with fashion group.
Boston jeweler flees town.
– Update: “Being treated for illness”?
Quote of the Week
Louise Prior, DTC spokeswoman, on the BPP: “Let’s just say there are a couple of companies under investigation at the moment.”
Mining Watch:
– Rio may not build mine in Zimbabwe.
– More unrest in Sierra Leone mining areas.
– Ekati workers ratify deal.
– Ghana tries to comply with Kimberley. More here.
Media Watch:
– The New Republic and Reuters blog on rubies from Burma. Mentions “conflict diamonds.”
– Tampa Tribune article on lab-grown stones.
And now, the special holiday surprise: Click here. While I didn’t put that together, and have no idea who did, apparently it is going around and I post it with the utmost respect to all who are, um, involved. You may have to click a couple of times to see it. Here’s the link again.
To everyone who takes to time to read this, have a great weekend, holiday season and New Year … wishing all of you out there the best in the year to come …See you in 2008!
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