Diamond Shavings: Your Friday Web Roundup, Week of Aug. 19

Even Ryan Lochte couldn’t make up this week’s Diamond Shavings

This week: $5,000 gold? New problems with chip cards. And the engagement ring–job interview debate. All below. 

 

Philadelphia’s Jewelers Row threatened, reports say.

– Merchants fight to save the street.

– City’s heritage threatened, columnist says.

– Plan hits speed bump.

 

Jewelry Television shows 15.7 percent sales growth for year.

 

Do people buy $1 million jewels online?

– The most pinned engagement ring.

 

U.S. gold jewelry demand hits 7-year high.

– Investors growing skeptical of metal’s luster.

– Miner’s CEO thinks it will rise to $5,000.

 

The Macy’s decision to close 100 stores and the future of retail.

– Can department stores survive?

– De Beers, Zale vet Richard Lennox joins the team.

 

Kohl’s staying with actual stores.

 

J.C. Penney focusing on private-label brands. 

– Online sales increasingly go through stores.

 

The “sparkle [comes] off of jewelry stocks.”

 

The Street: Tiffany is “sparkling.”

– Activist fund drops Tiffany stake.

– Free Eagle investor triples its stake.

– Tiffany announced dividend.

 

Michael Hill sees annual profits fall.

– Settles $30 million tax dispute.

 

Fund pressures Anglo American to sell De Beers.

 

Indian dealers worry about falling polished prices.

 

Indian tax authorities crack down on diamond firms.

 

Israeli bank tightens terms for diamond trade.

 

Namibia has lost 1,500 diamond jobs in last two years.

 

Scio Diamond reports higher sales, larger loss.

 

Pandora exploring hook-up with Google.

 

For most jewelers, owner handles social media.

 

Sales tax less of a factor in online buying decisions.

 

“Most wanted” suspect arrested for jewelry store heists.

 

Wal-Mart’s crime problem is driving police crazy.

 

Chip-based credit cards “aren’t all that safe.”

 

Kentucky jeweler has run-in with credit card scam.

 

North Carolina jeweler suit over Instagram nears settlement.

 

Maryland jeweler left underwater after flooding.

 

World Trade Center mall cements Manhattan as luxury mecca.

 

David Yurman expands boutique at King of Prussia mall.

 

Emerging markets due to overtake Europe as luxury leader.

 

Gareth Penny joins Pangolin Diamonds’ board.

 

Former De Beers exec joins Dominion board.

 

Alexis Bittar president Taryn Laeben resigns, goes to mattress company.

 

Charles & Colvard moissanite launches on Gemvara.

 

Luxury watch market “sobers up.”

 

Apple Watch 2 may be “a big leap.”

– What engineer learned working on Apple Watch.

 

Richard Mille designs “graffiti” watch.

 

10 things to know about TAG Heuer.

 

Quill & Pad’s “five ugliest watches.”

 

The rebirth of British watchmaking.

 

New evidence earliest humans wore jewelry.

 

World’s oldest gold artifact may have been discovered.

 

Jewelry designer doesn’t like Trump, lets daughter know.

 

Nancy Reagan’s “outrageous” jewelry goes on sales at Christie’s.

 

Rapper Tyga sued by former jeweler.

 

Pamela Love files suit against Nasty Girl.

 

Donald Sutherland cast as head of “Antwerp-based cartel” in new diamond trade drama.

 

Diamond unit manager kidnapped (and released) in India.

 

Jeweler recovers $1 million in jewelry left on train.

 

A look at the Mir diamond mine in Russia.

 

DDI receives $30,000 grant from DEF.

 

New Olympic Laurel made of Fairmined gold.

 

How much is an Olympic gold medal worth?

 

Should you wear your engagement ring to a job interview?

 – LinkedIn essay raises furor.

 

Media Watch:

Reuters looks at De Beers’ efforts against synthetics.

Miss Manners discusses the price of engagement ring.

The Wall Street Journal on the Singapore Diamond Exchange.

Livemint profiles Nirav Modi.

 

From the Blog:

Do People Buy $1 Million Jewels Online?

The Macy’s Decision to Close 100 Stores and the Future of Retail

 

 

 

Have a great weekend!

 

– Email: rbates – at – jckonline.com.

– Twitter: @robbatesjck 

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JCK News Director