This week: Why the luxury industry is losing Gen Z. Trump has more watches to sell. And Stephen Colbert is a big Tiffany fan. All below.
Following court loss, Trump orders 10% tariffs (or maybe 15%)
– Antwerp polished diamonds may have lost duty-free status
– Tariff change could bring secondhand watch prices down
– Small businesses don’t expect to lower prices
– Retailers remain uncertain
– Swiss watchmakers plan to sue U.S. government for refunds
New survey shows why, and when, people buy online
“Understanding the K-shaped economy”
Why luxury brands are losing affluent Gen Zs
Aritzia buys Fred Segal in bid to revive famed retailer
Exploring the different perception of lab-grown diamonds versus lab-grown colored stones
Amy Elliott: Are we shaming LGD customers now?
“Is the diamond industry overregulated?” (video)
Diamond miner Ekapa files for liquidation following tragedy
Report: Russian diamonds still flooding into Australia
– Transparency International report (doesn’t say much about diamonds)
Debswana looking to diversify
– Botswana Diamonds rebrands, targets copper
De Beers says 5% of workers at Gahcho Kué mine may lose jobs
The Walrus on the closure of the Diavik diamond mine
Vadilal becoming top methane supplier to lab-grown industry
Saks Global bankruptcy shows importance of UCCs
– Fired Saks employee discusses what it’s been like
– Forbes: How Saks alienated its vendors and consumers
QVC delays its financial report, raising speculation it’s about to restructure
– Former QVC insiders outline possible comeback strategy
– An interview with the voice of QVC’s order line
Kohl’s turnaround could take a while
S&P downgrades Pandora’s outlook, citing sales struggles
Private equity owners slash Breitling’s value
Arnault family consolidates control of LVMH
Three jewelry stores raided in gold scam probe
– Local news coverage in Florida, Texas, and Georgia
Florida jeweler arrested for allegedly selling counterfeits
Jewelry thieves document their own crime on video, leading to conviction
Man charged in murder of father and son jewelers in Chicago
Abu Brima named new chair of the Kimberley Process Civil Society Coalition
IDEX Online to restructure, appoints interim CEO
Sherry Smith to join the Retail Smiths
– Peter Smith on how retailers can make their customers feel good
Wolf appoints Helen Kirkup brand manager for U.K. and Ireland
Nicolas Guillemet promoted to international retail director at Panerai
Louvre president steps down following jewelry heist
Luxury Society podcast discusses AI’s impact on luxury industry (Audio)
– Ways jewelers can leverage AI
– How technology is changing watchmaking
Luxury brands cut forecast as Chinese spending dips
Jakarta customs office seals another luxury jeweler over suspected violations
Levin Sources’ takeaways from Mining Indaba
Record gold prices don’t hurt jewelry sales in the Gulf
– J.P. Morgan thinks gold price will reach $6,300 by end of year
ScrewDownCrown examines latest Morgan Stanley/Luxe Consult watch report
– Interview with report co-author, Oliver Müller
Rolex opens watchmaking school in Texas, and competition is fierce
Brilliant Earth’s CEO talks about new Beverly Hills store
Chicago jeweler buys building, plans to expand
Profile of Laura Burdese, new Bulgari CEO
Vice interview with TraxNYC (video)
Detroit comedian remembers local jeweler “D. Hasty”
A$AP Rocky’s diamond-filled surprise for Rihanna’s birthday
Trump appears on Fox selling new branded watches
All about Jackie Kennedy’s engagement ring from JFK
Marie Antoinette’s jewelry on display in Dubai before auction
Stephen Colbert gave wife Tiffany necklace for Valentine’s Day (video)
What one jeweler is looking for on the red carpet
Profile of Ring Finders, Maine volunteer group that searches beaches for lost valuables
U.S. develops diamond cooling layer that cuts device heat
The story of America’s biggest homegrown diamonds
From the Podcast
Eddie LeVian Guests on The Jewelry District
Email: rbates –at – jckonline.com
– Connect on LinkedIn, X, and Instagram
– I’ve written four diamond industry mystery novels—check them out here!
(Photo: Getty Images)
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