Diamond Shavings: Your Friday Web Roundup, Week of May 27

Pre-Vegas insanity edition

This week: Did Nordstrom drop Michael Kors? Rethinking “A Diamond is Forever.” And Boston Red Sox’s David Ortiz wins suit against jeweler. All below.

 

De Beers CEO Mellier resigns; Bruce Cleaver takes over.

My thoughts.

 

Signet opening dozens of stores, rethinking credit.

– Earnings call transcript.

– Coverage of Kay issues pops up again.

 

Tiffany & Co. reports “difficult” quarter.

– Analysts blamed “old products.”

– Still “rock solid.”

– Bloomberg examines its watch plans.

– Earnings call transcript.

 

CNN: Jewelers’ slump.

– Retail apocalypse?

– Retail, real estate “getting a divorce.”

 

The day after Sears …

– Has retailer lost last hope?

 

Nordstrom quietly purging stores of Michael Kors.

 

Citizen Watch acquires Frederique Constant Group.

 

Component maker: “ ‘Swiss-made’ is a joke.”

 

New Apple Watch will have greater health features, CEO says.

 

David Federman on the problem with pigeon’s blood.

 

Canada’s Ben Moss Jewellers to restructure.

 

GIA mystery treatment case lands in court.

– GIA debuts melee screening in June.

 

Kimberley Process chair rebukes activists.

– Venezuela hopes to rejoin KP.

– Report from OECD diamond pricing forum.

 

De Beers’ diamond sales drop.

– Diamond deal brings hope to Namibia’s factories.

– Panama Papers: Flaws in De Beers-Botswana relationship.

 

More defaults rock Surat.

 

Another blue comes to auction: the 24.18 ct. Cullinan Dream

 

Ehud Laniado’s secrets for record diamond prices.

 

Diamond Producers Association rethinking “A Diamond Is Forever.”

– New tagline time?

– Rapaport looks at the psychological reasons why people buy diamond jewelry.

 

Big lab-grown diamonds to be unveiled at JCK Las Vegas 2016.

 

Lisa Bissell leaves Pure Grown Diamonds.

 

Kendra Bridelle joins Judith Ripka Ltd.

 

Anna-Maree Shaw joins Michael Hill.

 

Simon G. makes four additions.

 

World Diamond Council appoints new president.

 

Frederick Goldman Luxury Group expands team.

 

Former Signet CEO resigns from Francesca’s.

 

Longtime watch executive Stuart Zuckerman dies.

 

New Orleans jeweler Hubert Ryan Aucoin dies.

 

Interview with author of Stoned.

 

FT: “How jewelry became personal” (subscription required).

 

David Ortiz wins jewelry lawsuit.

 

GossipCop says Ben Affleck did not gift 11 ct. diamond.

 

Media Watch:

Profile of Luca + Danni.

Profile of Rocksbox founder.

 

From the Blog:

Philippe Says Adieu: The Change at De Beers and What It Means

The GIA Mystery Treatment Case Lands in Court

 

 

Have a great weekend!

 

– Email: rbates – at – jckonline.com.

– Twitter: @robbatesjck 

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JCK News Director