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Jan. 23 Diamond Shavings: Your Friday Web Roundup

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This week: De Beers slashes prices. Are some consumers overpaying for lab-growns? And people in Ireland are trading in their gold-capped teeth. All below.

 

Lugano Diamonds purchased by Gordon Brothers division

 

Watches of Switzerland buys four-store Texas jeweler

 

Richemont sells Baume & Mercier to Damiani

– Why deal is a “win-win”

 

Australian fashion jewelry chain Secrets Shhh sold to UAE company

 

Continental Buying Group show attendees express concerns about year ahead

 

De Beers cuts diamond prices for first time in a year

– Shifts to more opaque invoices

 

Botswana faces diamond oversupply crisis

 

Demolition starts at Diavik diamond mine

 

CBC asks: Are you paying too much for a lab diamond? (Video version)

– Celebrity engagement rings shifting toward lab-growns

 

Silver hits $100, as gold nears $5,000

Wall Street Journal has five reasons for gold surge

– Ray Dalio says it’s sign of broken global order

– People in Ireland trading in their gold-capped teeth

 

Suspect in Brink’s jewelry theft deported by ICE, angering prosecutors and victims

 

Minneapolis small businesses hurt by ICE crackdown

– How Target is talking to its corporate employees

 

Retailers discuss emotional toll of tariffs

– Amazon CEO says tariffs are pushing up prices

 

Store openings slow in 2025

 

What does Saks bankruptcy mean for vendors?

– Do department stores have a future?

– The Richard Baker era “is over”

 

Online jewelers boost U.K. retail sales

 

Swarovski appoints new North American president

 

Stuller promotes 12-year company vet Taylor Burgess

 

Rembrandt Charms names new strategy director

 

Black in Jewelry Coalition appoints five to board

 

Kering appoints chief commercial officer

 

Longtime Neiman Marcus merchant heads to Bloomingdale’s

 

TAG Heuer CEO Antoine Pin resigns

– Analyst: Departure points to “underlying issue” in LVMH watch division

 

Hublot CEO talks to WatchPro

 

U.K. crown jeweler David Thomas dies

 

Delaware jewelry store owner Felice Morris dies at 91

 

Toronto jeweler denies laundering millions

 

Alex and Ani must face class action over alleged privacy violations

 

German precious metals refiner Heraeus probed for fraud

 

UFC fighter Themba Gorimbo says he was Zimbabwe diamond smuggler

 

Alrosa warns of recruiting scam

 

Natural Diamond Council welcomes two Angolan members

 

De Beers launches GemFair capsule collection

 

Chow Tai Fook opens in Bangkok, plans more stores

 

Swiss gold refiner MKS PAMP expanding in United States

 

Bulgari doubles down on bling at LVMH Watch Week

 

Tiffany debuts 2026 Valentine’s Day campaign

 

Vintage brooch made in tribute to JFK heads to auction

 

De Beers releasing A Diamond Is Forever book

 

Jeweler claims we’ve been wearing wedding and engagement rings wrong

 

Media Watch

Financial Times on expanding watch factories, Paraíba tourmaline, traceable gold, Breguet’s 250th anniversary, luxury and the Year of the Horse, and how watchmaker collaborations are “testing consumer patience”

 

From the Podcast  

The Jewelry District: 2026 Predictions

 

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)  

By: Rob Bates

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