This week: Are champagne diamonds a “flex”? Dave & Buster’s may have hidden some crucial info about their hidden diamonds. And a debunking of possible gold jewelry ATMs in Las Vegas. All below.
U.S. dropping tariffs on Indian-cut diamonds and gems—eventually
De Beers sale spurs talk at mining conference
– Anglo CEO calls sale “complex”
– AFP: Sale mired in “diamond doldrums”
– Gareth Penny lays out his vision (video)
Paul Zimnisky, Avi Krawitz discuss De Beers sale (video)
Namibia, GJEPC, DMCC join Natural Diamond Council
– NDC puts out trends report
Botswana state-owned Okavango Diamond doing more contract sales
Axios says champagne diamonds are now a “flex”
Canadian diamond mine is struggling (video)
– Struggling diamond business makes life “very difficult” in Northwest Territories
– Local government says issues are “serious”
Angola overtakes Botswana as largest diamond producer
Botswana looks to other mining as diamonds struggle
Smuggled South African diamonds fuel crime syndicates
Hidden Dave & Buster’s diamonds are lab-grown, but that (initially) wasn’t disclosed
Canadian jewelry company explores alternative metals to counter volatile prices
“Luxury’s second act”
– Why industry suffers from short-term mindset
Fashionista sees “era of maximalist jewelry”
Pearl and jewelry trader C&K Group files for IPO
Why Jaeger-LeCoultre could be helped by Richemont sale
Saks Global to shut nine stores
Bernard Arnault buying up LVMH stock after vowing to raise stake
John Hardy names new president as CEO becomes chair
Gannon & Scott taps new senior accountant
Birks Group CFO to retire
Target appoints chief operating officer, chief merchant
Swarovski renews its board of directors
Former GIA governor and noted mineralogist George Rossman dies
David Doyle, onetime head of U.K.’s National Association of Jewellers, dies
UAE luxury watch pioneer Abdulmagied Seddiqi dies
JSA offers reward for tip that solves Guthrie case
Jacob the Jeweler sued by former business partner
Essence profiles Jason McNary, CEO of PDPaola
First Moroccan woman admitted to Antwerp Diamond Exchange
Houston jeweler Johnny Dang is a regular in rap videos
The best watches and jewels spotted at the Super Bowl
– Bad Bunny provides “great marketing” for natural diamonds
Halle Berry’s engagement ring has “deeply personal” design
– Designed by jeweler Ali Khalil
“Historic” 6.03 ct. yellow diamond found in Arkansas
Turns out Las Vegas won’t have ATMs to turn gold jewelry into cash
British researchers produce energy with diamonds
Media Watch
– CBS Sunday Morning on Antwerp’s woes (video)
– Planet Money looks at what’s happening with gold and silver (audio)
– Air Mail on how jewelry designers are coping with metal prices
– The Wall Street Journal on divorce rings
– The New York Times on the Horological Society of New York, watch companies seeking sports sponsorships, a new chronometer standard, watch brand Möels & Co, and the return of the bangle watch
From the Podcast
Brilliant Earth, CBG, Metal Refining, Watch Woes: The Jewelry District
Wishing everyone a great Presidents’ Day weekend. Have fun and enjoy life.
Email: rbates –at – jckonline.com
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– I’ve written four diamond industry mystery novels—check them out here!
(Photo: Getty Images)
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