Diamond Shavings: Your Friday Web Roundup (In the Midst of the Madness Edition)

First, some self-promotion: On Saturday, June 1, from 1 p.m. to 2:15 p.m. at Tradewinds C, I will do a talk on Top Issues on Diamonds and Jewelry, which will cover the changes in the retail jewelry market, in how diamonds are bought and sold, how the industry is coping with treatments and synthetics, ethical issues, and a lot more. It should be a lot of fun, and I’ll have a Powerpoint and everything! Please introduce yourself if we haven’t met.

That same day, I will be taking part in two panels, both on ethical issues.  I will be moderating Protect Your Bottom Line with the Diamond Source Warranty Protocol, from 10:15 a.m. to 11 a.m. at Tradewinds C, which will feature representatives of Signet, Jewelers of America, the Jewelers Vigilance Committee, and the Diamond Manufacturers and Importers Association. Also on Saturday, I will be taking part in a panel on Ethical Facets of Diamond Sourcing, at 4 p.m., at Tradewinds C, sponsored by the good people at the Diamond Development Initiative, and moderated by the world-famous Peggy Jo Donahue.

 

This week… A really cool light-up engagement ring… A children’s book about diamond smuggling… Indian tax authorities crack down on the diamond sector… All below…

 

Richline buys Honora.

 

Robbins Brothers buys E.E. Robbins.

 

Tiffany’s sales rise 9 percent.

– “Crushes estimates.”

– Stock hits 52-week high.

– Earning call transcript.

– Names new head of North America.

 

Gitanjali sales up 27% for year.

– Nehal Modi starts new company.

 

Court dismisses lawsuit over 230 ct. Wynn Diamond.

 

Court rules Kohl’s can be sued over allegedly misleading “sales.”

 

Indian tax authorities crack down on diamond companies.

 

Briolette sets record in Hong Kong.

 

Russian diamonds to be sold at Sotheby’s.

 

Interview with CEOs of De Beers and Forevermark.

– CEO stresses brand’s importance.

 

Avi Krawitz on Alrosa.

– DMIA extends cooperation with Alrosa. 

 

Edahn Golan on the diamond industry and investment funds.

 

Kimberley Process suspends Central African Republic.

 

Zimbabwe minister concerned over missing diamond revenue.

 

Gem Diamond sells 164 ct. rough for $9 million.

 

China cuts duties on Swiss watches.

 

J.C. Penney called “brand that will disappear.”

 

Neiman Marcus to be shopped to overseas funds.

 

Decline in gold price leads to “record demand” in India.

– Most Asians believe price will rise.

– 7-day losing streak longest in two years.

 

Helena Krodel joins LuxeIntelligence.

 

Longtime Florida jeweler Bob Bechtel dies.

 

Moore, Oklahoma jeweler counts his blessings.

 

India looking at Armenia’s diamond production.

 

Surat opens hospital dedicated to diamond workers.

 

Element Six acquires semiconductor, wafer company.

 

There’s Tiffany-themed malware.

 

Passengers lose diamonds at London airport.

 

Man creates novel light-up engagement ring.

 

New children’s book about diamond smugglers.

 

How many luxury names can you pronounce?

 

Media Watch:

– Yahoo looks at what diamond prices mean to Tiffany and Blue Nile. 

– James Allen marketing director has engagement advice.

 

From the Blog:

Interviews with the CEOs of De Beers and Forevermark.

How Many Luxury Brand Names Do You Know How to Pronounce?

 

From JCK:

My article on diamond grading labs.

 

Have a great weekend… Enjoy the show!

 

 

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JCK News Director