Diamond Shavings: Your Friday Web Roundup, Week of Feb. 6

This week: Should we mine for gold on the moon? Man buys $35,000 watch for five bucks. And The Onion takes on Zale. All below.

 

Frederick Goldman purchases Scott Kay.

 

Alex and Ani plans 12 new stores.

 

“Frenzy” at start of GemFair Tucson 2015.

 

U.S. jewelry sales rose slightly last year.

 

The Apple Stores might become like jewelry stores.

– CNN: “Apple Watch will flop.”

– What will make or break it.

– Pictures of Apple Watch in “the wild.”

– Digging through Apple Watch companion app.

– You can rent the Apple Watch before you buy it.

– Expert: Real watches are better investments.

 

Pebble has sold more than 1 million smartwatches.

 

Swatch releasing smartwatch soon.

– Company earnings miss estimates.

– Shares rally.

 

LVMH posts 64 percent gain in annual profit.

– Jewelry out performs watches.

 

Swiss watch business has record year with downbeat end.

– Is luxury watch marketing failing?

 

Michael Hill runs Super Bowl ad in Chicago and Canada.

 

New Dairy Queen commercial parodies jewelry ads.

 

Danielle Max: Industry marketing patronizes women.

 

The jewelry industry and a changing, graying America.

 

Skepticism about Tiffany’s “Concierge of Love” program.

 

Cartier puts out new proposal video.

 

Forevermark, Leo Schachter introduce co-branded diamond line.

 

ABN Amro expands auditing of diamond customers.

– Shows diamond industry can no longer play by own rules.

 

De Beers owner Anglo’s credit may be downgraded to “junk.”

 

Lots of goods remaining on table at De Beers, Alrosa sales.

– Buyers lack confidence at De Beers sight.

 

Botswana diamond cutter to shut.

– Owners blame De Beers.

 

Polished prices fell in January, RapNet says.

– Prices “depressed,” IDEX says.

– PolishedPrices index at lowest level since 2011.

 

Russell Shor: How diamond tenders have changed the market.

 

Namibian polishers await outcome of De Beers talks.

 

New Alrosa contracts resemble De Beers’.

 

2015 global diamond production forecast.

– Production will be basically flat.

 

Chow Tai Fook investigating the oil business.

 

Former exec on why Zale feared Chap. 11.

 

Bias claim against Sterling Jewelers can proceed.

– Ruling: Part one and two.

 

States criticize new online sales tax proposals.

 

Foreign Policy says Dodd-Frank is “failing” Congo.

– The EU’s conflict-minerals law.

 

New young adult novel takes place in Marange diamond fields.

– Zimbabwe site calls for an update on the diamond fields.

 

A history of the Diamond Development Initiative.

 

Diamonds fund one-third of Botswana’s budget.

 

Angola wants to expand into jewelry.

 

United States reaffirms support for Angola’s Kimberley Process chairmanship.

 

Canadian mine ice road will have record year.

– De Beers to address water concerns in Canada.

 

Gem deposits in Canada?

 

Richland exits Tanzania.

 

Hayley Henning named VP at True North Gems.

 

Pat Henneberry named VP at Hearts On Fire.

 

Jewelry store employee killed in commuter train crash.

 

Buffalo, N.Y.–area jeweler reported missing.

 

Diamond District jeweler claims son “impersonated” him.

 

Indian sightholder fined for compound wall.

 

Microbes may have formed gold hoard.

 

Should we mine for gold on the moon?

 

2 ct. yellow diamond found at Arkansas park.
Man buys $35,000 watch for $5.99 at Goodwill.

 

11-year-old turns surfboards into jewelry.

 

Ashland, Wis., Chamber of Commerce hosts diamond scavenger hunt.

 

Philadelphia tanning salon showers you with diamonds.

 

The Mirror asks: “Are these the funniest engagement ring pictures ever?” (Spoiler: No.)

 

Media Watch:

– The New York Times tracks a “disappearing” diamond ring at Jared

and interviews Jean-Claude Biver.

– Kiplinger advises on how to buy diamond online.

– Wall Street Cheat Sheet thinks industry still run by cartel. Also, that there are 250 sightholders and the Central Selling Organisation is still around. (It died 15 years ago.)

– Forbes on colored diamonds in Asia.

– The most expensive Oscar jewelry in history.

– BuzzFeed lists engagement ring alternatives.

– De Beers ad in running for “most romantic” of all time.

The Onion (parody site) says Zale campaign too early.

 

From the Blog:

The Jewelry Industry and a Changing, Graying America

The Apple Stores Might Become Like Jewelry Stores

 

 

Have a great weekend!
– Email: rbates – at – jckonline.com.

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JCK News Director