Jan. 17 Diamond Shavings: Your Friday Web Roundup

Hey everyone, we have a new “Jewelry District” podcast out!

Tune in to hear JCK editor-in-chief Victoria Gomelsky and me discuss what should be hot at the upcoming Tucson gem shows, the big trends at the 2020 Golden Globes, whether LVMH acquiring Tiffany & Co. is a good thing or a bad thing, plus—of course—a weird story of the week (and this is a really weird one).

Also, learn who our next guest will be—or should I say guests? It’s all here.

This week in Diamond Shavings: De Beers may reduce the number of sightholders. Legal troubles for a 47th Street pawnshop and Indian diamond dealer. And does Uncut Gems traffic in stereotypes? All below.

 

Signet’s holiday comps rise, particularly online.

– Its stock has best day in decades.

 

Holiday sales were better than expected, says Bank of America.

– National Retail Federation: They went up 4%.

– Roundup of major retailer results.

 

No jewelers were killed during industry crimes in 2019.

 

More than 900 jewelry businesses closed last year.

 

During 24 Karat Weekend 2020, industry showed it got talent.

 

Critics’ Choice Awards 2020: The best jewelry on the red carpet.

 

Rolex raises watch prices an average of 3.4%.

 

Patek Philippe sees record year.

 

Watch brand Benrus revived by investor group.

 

De Beers may reduce the number of sightholders.

– Belgium diamond exports hit 10-year low.

 

Louis Vuitton gets custody of second largest diamond ever.

– Shows LVMH’s interest in jewelry.

– Louis Vuitton CEO: Jewelry is “one of the highest growth categories we have” (registration required).

 

Jewelry top performer for Richemont.

 

Tiffany’s temporary flagship is the world’s swankiest pop-up.

– How Tiffany moved thousands of gems.

 

Chow Tai Fook to shut 15 of its Hong Kong stores.

 

Gemfields now listed on London Stock Exchange.

 

WJA debuts self-purchase marketing campaign.

 

Danielle Max: Consumers prioritizing convenience.

 

Insurance company refuses to pay out for jeweler’s snow promotion.

 

New Jersey Economic Authority helps Newark jeweler expand.

 

Fifth generation takes over at Rasmussen Diamonds.

 

Marc Hruschka becomes president, CEO of Graff USA.

 

Phillips appoints Paul Redmayne head of private sales, jewelry.

 

Mastoloni Pearls partner Ray Mastoloni Sr. dies.

 

Yuri Dudenkov, former VP of Alrosa, dies.

 

Indian authorities book diamond merchant for laundering money.

 

Diamond District pawnshop raided by authorities.

 

Connecticut jeweler charged with failing to repay victims.

 

New York jewelry store uses “high-tech” crime prevention.

 

Three Romanians stand trial for “diamond swindle.”

 

Amazon to ramp up counterfeit reporting to law enforcement.

– Amazon voted “most evil” tech company.

 

Gold is causing a river of problems for the Amazon rainforest.

 

There are more gold refineries in Africa—and that’s both good and bad.

 

Researchers create new “lightweight” 18k gold.

 

GIA suspends diamond sealing services

 

Alrosa still steering clear of lab-grown diamonds.

 

The U.K. works out diamond trading deal after Brexit.

 

Endiama negotiating the return of De Beers to Angola.

– Wants to be the world’s third-largest diamond producer.

 

South Africa’s state-owned diamond company “on life support.”

 

Israel Diamond Exchange says country will continue to flourish.

 

Amy Elliott says see Uncut Gems.

– Does the movie traffic in Jewish stereotypes?

– Movie shows how business works in the Diamond District.

 

Jewelry Connoisseur reviews The Cartiers.

 

EuroNews goes behind the scenes at the Christie’s jewelry sale.

 

GIA advertises origin reports on Times Square billboard.

 

Tiffany places ads calling for climate action in Australia.

 

You can buy a penthouse that’s on top of a Tiffany store.

 

Offset settles tax debt.

 

NCIS star gets “cursed” diamond.

 

Founder of jewelry e-tailer Local Electric’s life was changed by Miley Cyrus.

 

Antiques Roadshow guest overwhelmed with valuation of ring.

 

Media Watch

The Washington Post has stories of lost-and-found rings.

 

From the Blog

Gold Is Causing a River of Problems for the Amazon Rainforest

 

From the Podcast

Episode 10: JCK Tucson, the Golden Globes, and Tiffany

 

Have a great weekend!

 

 

– Email: rbates – at – jckonline.com.

– Twitter: @robbatesjck

– Connect on LinkedIn

 

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JCK News Director