This week: We probably won’t have a recession, though the “rot economy” lives on. Apple Watches driving 911 operators nuts. Plus: Who are the “de-influencers”? All below.
Exit interview with De Beers CEO Bruce Cleaver
– Why Lightbox was “one of the scariest things” he ever did
Diamond trade sees “cautious” start to 2023
Exhibitors “upbeat” at Centurion show
National Retail Federation: Recession unlikely, growth ahead
– NRF’s insights into 2023 consumers
Jewelers say holiday sales were “off”
Is LVMH’s slowing growth an omen?
Private equity companies taking harder line with retailers
Jeweler’s billboard tagline written with artificial intelligence
“Sci-fi innovations taking jewelry into the stratosphere”
Is Tiffany moving “too fast” toward Generation Z?
Brilliant Earth lays off “fewer than 50” employees
Pandora to expand lab-grown diamond range
– Why lab-grown diamonds are now important to Pandora
– Pandora “uncertain” about future in China
No, lab-grown diamonds are not “mining-free”
Rough & Polished: lab-growns gaining “wider acceptance”
– Will “eventually dominate the fashion markets”
– Pam Danziger unsurprisingly disagrees with Rapaport on lab-growns
Watches of Switzerland sales grow as watches become “investment assets”
– Shares fall on lower jewelry revenue
MoonSwatch helps Omega close gap with Rolex
Jacob & Co. sales more than double in two years
Auction house Bonhams up for sale: report
U.K. authorities probing Yoox Net-a-Porter deal
WatchBox-owned De Bethune buys music-box maker Reuge
Petra Diamonds opens to M&A deals
World’s biggest gold miner makes $17 million acquisition bid
Angola to sell 5 to 10% stake in national diamond miner Endiama
Letšeng diamond mine claims it is not guilty of polluting rivers
Anjin mine fires 31 for diamond theft
New York Post has more on the Christie’s/pink diamond/fake psychic story
India’s PC Jeweller receives loan recall notices from banks
Jeweler charged with issuing fake gold purity certificates
Adani fallout could hurt Indian economy
– How Adani lost billions in a week
Get ready for the “great fraud reckoning”
We live in the “rot economy” (This and the above article are not specifically jewelry-related, but are worth reading regardless.)
911 operators inundated with fake Apple Watch calls
What’s next for secondhand Rolex market?
Ukraine jewelry becomes symbol of national identity
Inside the Dubai factory handling $100 million worth of high-end diamonds
William Michaels, former owner of Michaels Jewelers, dies
Pat Ciner Hill, owner of Ciner, dies
Richard Marcus, last member of Neiman Marcus founding family, dies
Nine artisanal gold miners killed in Burkina Faso
Kohl’s names new CEO, chief merchandising officer
Long’s Jewelers appoints director of stores
Learn about Blue Nile’s onboarding process
Kendra Scott partners with Museum of Ice Cream
NYC restaurant Serendipity3 creates diamond and gold dessert in collab with Lorraine Schwartz
The “remarkable tale” of Grace Kelly’s two engagement rings
Inside Justin Bieber’s luxury watch collection
New novel brings Suzanne Belperron’s bejeweled history to life
Metal detector hobbyist finds 500-year-old pendant linked to Henry VIII
Lost necklace leads to successful jewelry design business
“De-influencers” say think twice before buying that mascara
Media Watch
The Guardian on Nothing Lasts Forever. The reviewer might want to double-check Stephen Lussier’s title and retirement date.
Further reviews in Los Angeles Times, Wall Street Journal and The Times (all subscription)
GQ profiles U.K. diamond dealer Matthew Jones
The New York Times on Alex Moss’ latest collection
From the Blog
This Billboard Tagline Was Written by Artificial Intelligence
No, Lab-Grown Diamonds Are Not “Mining-Free”
De Beers’ Cleaver: Lightbox Was “One of the Scariest Things I’ve Ever Done”
Exit Interview with De Beers CEO Bruce Cleaver (Part 1)
From the Podcast
The Jewelry District, Episode 88: VicenzaOro Recap, Sarine Acquiring GCAL, and Noncompetes
Have a great weekend!
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