Diamond Shavings: Your Friday Web Roundup, Week of July 10

This week: “Fear of jewelry” is apparently a thing. The beer vs. gold index. The luxury pawnshop owned by a gangster. All below.

  

G.M. Pollack & Sons closing down.

 

The end of the diamond grading game?

– EGL talks about its new grading standards.

– EGL South Africa says it’s on-board.

– Video of Rapaport grading panel from Vegas.

 

Polished prices plunge while rough stays steady.

– Edahn Golan on diamond austerity.

– Michelle Graff ponders who is to blame for all this.

– Ehud Laniado: Diamond market “needs path ahead.”

 

The trade targets Rapaport—again.

– Rapaport clarifies price list criteria.

 

The diamond shortage that still hasn’t come.

 

India not banning rough imports—for now.

– At least 82 defaults in Surat in last few years.

– Sanjay Khotari: Industry in “crunch time.”

 

Anonymous sightholder calls for mass rejections.

– Sightholders can defer up to 25 percent of supply.

– De Beers generating nearly half of Anglo’s profits.

 

Lab-grown diamond company posts loss, expects more.

 

How much will same-sex marriage really help industry?

 

Danielle Max: We need to celebrate self-buying women.

– Interview with luxury branding expert Pam Levine.

 

Apple Watch sales showing sharp fall, report claims.

– AppleInsider: It’s still the leading smartwatch.

– Users struggle to find compelling use.

– FastCoDesign: The design is at fault.

– Users complain of burns.

– Perhaps the most succinct review ever.

 

Amazon playing a “long game” in fashion.

– Prime Day to rival Black Friday, Amazon says.

 

Indian jewelry e-tailer BlueStone secures $15 million funding.

– Profile of company.

 

U.K. authorities investigating Net-A-Porter merger.

 

Fair Trade labeling extends into fashion.

 

Kimberley Process: We don’t know who new chair will be.

 

UAE considering new corporate, value-added tax.

 

Money from Surat diamond scam traced to tax havens.

 

Zimbabwe diamond sector called “politically sensitive.”

– Country’s diamond production down 36 percent in first quarter.

 

Chow Tai Fook sales fall 6 percent, but bridal holding up.

– Chinese slowdown also hurting diamond business in Japan.

 

Lori Kluempke named senior vice president at Prime Art & Jewel.

 

Philippe Galtié named senior vice president at Tiffany.

 

David L. Haverly joins White Pine Trading.

 

David Bonilla promoted at Henri Stern Watch Agency.

 

Pangolin Diamonds president, CEO resigns.

 

Former Signet Jewelers president Clifford Isroff dies.

 

The Jewelry Exchange extends partnership with Synchrony Financial.

 

Firestone sells Botswana mine.

 

California jeweler accused of ruining wedding rings.

 

Woman sues over being sold alleged synthetic sapphire.

 

Hong Kong jeweler robbed after leaving jewelry in shopping cart.

 

Greek jeweler turns down $1.1 million offer.

 

Laid-off Indian diamond polisher kills self.

 

U.K. gangster-owned luxury pawnshop.

 

Sycamore Partners may bid for Belk.

 

College student runs $100,000 jewelry empire.

 

Jeweler renews lease to stay in Midtown building.

  

Customs seizes counterfeit Van Cleef & Arpels jewelry.

 

Major Native American jewelry collection stolen.

 

Funeral worker stole jewelry from corpses.

 

People suffer from “fear of jewelry.”

 

Walmart doesn’t want to make “rebel ring.”

 

Nikon releases Star Wars watches.

 

Sofia Vergara’s most over-the-top jewelry looks.

 

A chart tracks beer vs. gold.

 

Media Watch:

– Patheos on blood diamonds.

– Global Citizen on finding an ethical ring.

– Wisconsin newspaper profiles 90-year-old jeweler.

The New York Times visits Fendi, Boucheron, and De Beers.

 

From the Blog:

The Trade Targets Rapaport—Again

The End of the Diamond Grading Game?

– Email: rbates – at – jckonline.com.

– Twitter: @robbatesjck 

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JCK News Director