Let’s make America aggregate again
This week: Investors “go bananas” for gold. An Indian jewelry feud. Politicians surprised to learn gift Rolexes weren’t fake. All below.
American Gem Society CEO Ruth Batson to retire next year.
– “Leaving AGS is bittersweet.”
Endless Jewelry founder plans “H&M of jewelry.”
Blue Nile sees revenues fall, announces second webroom.
– Misses forecasts.
– Shares fall.
Pandora nixed 183 stores last quarter, will cut 100 jobs.
– Company’s doing well in China.
– Former chairman receives millions.
– New ad suggests Pandora as rage antidote.
Alex and Ani buys manufacturer; headed for IPO?
– Company spokesperson denies.
Vicenza Fair owner wants to go public.
Gold back in vogue, soars over $1,200.
– Market goes bananas.
– Will it last?
– World Gold Council: Demand is “flat.”
One-third of Americans want to spend less than $1,000 on engagement ring.
The overgrading saga continues: The lawyer gets a lawsuit.
– Mervis case makes local news.
New De Beers lab will be open to the trade.
Interview with director of new lab-grown diamond association.
– Avi Krawitz: New group “a wake-up call.”
IDMA president: Diamond profits must increase.
– Charles Wyndham: Sight system outdated.
GJEPC wants $100 million annual spend on generic promotion.
Michael Kors sees malls traffic continuing to decline.
Macy’s shakes up senior management.
Nordstrom opens second Manhattan store.
Bulgari signs Madison Avenue lease.
E-tailer Stone & Strand opening brick-and-mortar store.
New documentary traces the history of Tiffany & Co.
New York magazine takes us inside an Indian “jewelry feud.”
Blogger ditches Apple Watch for regular watch.
Swatch designs eyewear collection.
Botswana’s exports drop to seven-year low.
Alrosa seeks greater ties with India.
Zimbabwe residents say diamond industry hasn’t helped them.
– Zim central bank governor decries industry secrecy.
Female armed jewelry store robber indicted.
You can now buy diamonds with bitcoin.
British politicians took Rolexes from Chinese billionaire (but thought they were fake).
Three-nation battle brews over the Koh-i-Noor.
– “Bloodiest” jewel in history? (subscription required)
A lost ring story with a happy ending.
Cop finds ring, gets gyro as reward.
Airport introduces “secret word” to get engagement rings through security.
Burglar a victim of “cursed” ring.
Widow’s Facebook plea to find engagement ring goes viral.
Media Watch
Forbes on diamond demand in China.
Business Insider said the diamond market is “messed up.”
USA Today has engagement ring shopping tips.
Philadelphia Style gets jewelers to offer their tips.
Boston Globe traces the history of engagement rings.
Fast Company has (not-always-accurate) video on De Beers history.
Quartz on the “diamond dream” (latest Edward Jay Epstein rewrite).
Huffington Post blogger gets engaged without engagement ring.
Fashion Times has nine ethical engagement rings.
KGW profiles founder of Mia Donna.
From the Blog:
The Overgrading Saga Continues: A Lawsuit Targets the Lawyer
Interview With a Director of the New Lab-Grown Diamond Association
Have a great weekend!
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