Diamond Shavings: Your Friday Web Roundup, Week of Oct. 17

This week. New technology identifies natural pearls. Surat company says millions of income is “unaccounted for.” Why a watchmaker is happy about his products being banned. All below.


Light Up

– Signet shocker: Light now CEO, Barnes resigns.

– Analyst: “Worthy successor.”

– My thoughts: “No big deal.”

– Shares up 50 percent year-to-date.

– For Barnes, commuting “not great way to live.”


J.C. Penney appoints new CEO.


25 percent of consumers want jewelry this holiday.

– Favored by affluent consumers.

– Poor September sales “not a bad sign.”


Why retailers like De Beers’ secondhand buying program.


New technology seeks to ID natural pearls.


Chaim Even-Zohar: Trade journalists under more pressure than ever.


Watchmaker happy about soccer ban.


LVMH may team up with tech company for smartwatch.

– New smartwatch doubles as a phone.

– New watch tracks your fitness routine.

– Bracelet helps you manage stress.


Apple Pay mobile service starts Monday.


Blue Nile to sell Zac Posen jewelry.


Nordstrom triples Instagram followers.


Retail wages hold up well to other industries.


Indian diamond company owner quizzed by tax authorities.

– Surat company discloses millions in unaccounted income.


Dubai’s challenge to Antwerp helped by bank issues.

– Indian banks looking at local companies.


Diamond miners adjust to fight Ebola.

– Jewelers for Children donates to Ebola aid.


Diamond hub might not work in Namibia.


GIA visits Letseng mine in Lesotho.


Indian gold smuggling levels off after seizures.


La Jolla, Calif., jeweler arrested.

– Florida traveling salesman arrested, accused of pawning jewelry.

– Jersey City, N.J., jewelry store employee accused of swiping diamonds.


Oregon jeweler sues Gilt Groupe.


Patek Philippe unveils 175th anniversary collection in Geneva.


Bonhams to auction Lauren Bacall jewelry.


Downton Abbey jewelry featured at Delaware’s Winterthur Museum.


Larry Pelzel to receive GEM Lifetime Achievement Award.  


Irish parliament scandal over diamond ring.


Former spy traded in drugs and diamonds.


New company turns dead into diamonds.


$250,000 diamond-covered smartphone hits the market.


Jeweler flies 10 ct. diamond in London sky.


Media Watch

The Telegraph on new jewelry designers to know and efforts to track stolen diamonds.

Oregon TV station on how diamonds are formed.

Business Insider on how to spot a fake watch.

Arab News warns of “charlatans” selling gemstones.

The Conversation on Belgium’s Indian diamond dynasties.


From the blog

Why Retailers Like De Beers’ Recycled Diamond Program

Signet’s Big Switch Will Likely Be No Big Deal



Have a great weekend!

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JCK News Director