This week: Dubai puts polished diamonds on the blockchain. Paraíba tourmaline produces better returns than gold. And why is a government official appearing in a jewelry store ad? All below.
Valentine’s Day sales expected to soar
U.S.-India deal may mean 18% duty on jewelry, 0% on gems
– Trade now feeling more optimistic (subscription)
– Antwerp’s Indian traders face changing industry
IGI acquires American Gemological Laboratories for $13.2 million
– Two new jewelry certification labs open in India
De Beers may receive third writedown in three years
– Gareth Penny only bidder who “ticks the boxes” for De Beers
– Trade groups want GIA to help fund diamond advertising
– Avi Krawitz on Botswana’s diamond glut (video)
Dubai puts polished diamonds on the blockchain
Watches of Switzerland had strong holiday
– Says metal prices are squeezing margins
Pandora goes platinum to escape rising silver costs
– North American general manager leaving company
Why gold is showing wild gains and falls
– Bank of America sees volatility continuing
– Silver buyers feel pain of “messed up” market
– Americans who sought “safe haven” start to panic
– Metals rally increasing price of Winter Olympics medals
Paraíba tourmaline is outpacing both gold and inflation
Law enforcement cracking down on jewelers that “fence”
New Jersey jeweler who allegedly sold lab-growns as naturals may face new charges
GIA detects fracture-filled diamonds in jewelry
Florida man sentenced for selling fake Indigenous jewelry
How collapse of Lugano Diamonds tarnished Compass Diversified
– Lugano sues Travelers Insurance to pay legal defense fees (subscription)
Bombay court refuses to hear Jatin Mehta’s “economic offender” pleas when he’s not there
CIBJO issues warning about people who falsely claim to represent it
Why the founder of Jewelers Helping Jewelers is now helping immigrants
American Gem Society pays tribute to lab founder Peter Yantzer
Report: Jaeger-LeCoultre CEO wants to buy watchmaker from Richemont
Damon Gross, 1916 Company’s retail president, is stepping down
Frederick Goldman announces three promotions
Lelia Jalai becomes David Yurman’s chief supply chain officer
Marco Bicego appoints global marketing director
Claire’s names chief brand officer
DTC Botswana has new managing director
Target, Walmart usher in new CEOs
Interview with CEO of watchmaker Greubel Forsey
Saks brings back Neiman exec to oversee marketing, e-commerce
What designers should know about Saks bankruptcy
Amazon plans to keep luxury storefront open without Saks
– E-tailer is now selling Longines watches online
British manufacturer WH Darby plans to enter administration
Indian jewelry manufacturer Emerald appoints bankers for IPO
Rolex loses secondhand market share
– Demand for Rolex and Audemars Piguet likely to be tested
Over 200 brands are exhibiting at Watches and Wonders (subscription)
Single Mine Origin gold plans to expand
Diamond Foundry plans to invest $1 billion in second Spanish diamond factory
– Raytheon working with Diamond Foundry, U.S. military on diamond chips
The Louvre releases picture of jewel dropped during heist
Ethics watchdogs wondering why Trump administration official appeared in jewelry ad
Lawsuits accuse former boxer Floyd Mayweather of not paying jewelry bills
Grammys jewelry features lots of diamonds
– Marion Fasel has thoughts
– Was Bad Bunny wearing an engagement ring?
Women say big, bold costume jewelry is “less pretentious” (subscription)
Marie Claire notices “anti-jewelry trend” on recent runways
Nicky Hilton hopes her kids will raid her jewelry box
Princess Kate debuts “love token” necklace
Why you never see diamond rings on Bridgerton
Dave & Buster’s puts $15,000 diamond ring inside a “human claw” machine
Thanks for featuring me, Ladies of Mystery
From the Blog
Why the Founder of Jewelers Helping Jewelers Is Now Helping Immigrants
From the Podcast
Bruce Bridges 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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