Diamond Shavings: Your Friday Web Roundup

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..

DTC statement.

– 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!

JCK News Director