This week: A big Hong Kong-Bangkok diamond firm goes bust. Surat diamantaires arrested for copyright infringement. And a woman broils her diamond ring while cooking Brussels sprouts. All below,
U.S. jewelry retailers restocking slowly
– Bain: Holiday sales grow as expected
– Retail group sees “resilient” consumers
Chinese luxury demand to rebound this year
– Tiffany opens store on Alibaba’s TMall
Rolex certified pre-owned dealers disagree on prices
– What Watches of Switzerland warning says about Rolex demand
Paul Zimnisky: Which factors will impact diamond supply this year
– Business Insider predicts natural diamond prices will go up
– Winnipeg jewelers say natural diamond demand holding up
– FT says ruby, emerald prices also increasing
Bangkok/Hong Kong diamond firm goes bust
Kiran Gems retreats from Surat bourse
– Bourse management goes into damage control mode
Edahn Golan speaks with Young Diamantaires (video)
– Sees “significant challenges” for Israeli diamond industry
What impressed Gina Drosos on her recent trip to Botswana
Botswana worries about new diamond sanctions
– CNN on Russian sanctions
– NGO compares Kimberley Process to G7 certification
Report on “blood gold” from Russia
Rio Tinto workers killed traveling to Diavik diamond mine
Isabel dos Santos charged with 12 crimes in Angola
Indian manufacturers arrested for copying diamond machines
How Tiffany helped make mining more sustainable
CIBJO lays out ESG principles for lab-grown sector
Watches of Switzerland uses artificial intelligence to track ESG targets
Rapaport profiles Brandee Dallow
Diamonds Do Good, IDCA choose new presidents
Jewelers Vigilance Committee elects Rebecca Foerster chair
Jewelers Mutual adds digital, risk management execs
Hill & Co. appoints two new consultants
London Diamond Bourse overhauls management
Bernard Arnault naming two more sons to LVMH board
LVMH sees “rapid growth” for jewelry
Swatch CEO Hayek gets testy with analysts on call
Boucheron CEO “shaking up” jewelry industry
Michael Hill closes stores, lays off workers
Job cuts at Irish jewelry brand Chupi (subscription)
Macy’s turns down buyout offer
– So now what?
– Retailer is cutting 2,300 jobs
Saks owner in talks to raise liquidity
EBay lays off 9% of staff
Adamas One cited for noncompliance with NASDAQ listing rule
“Influencer” wanted for string of California jewelry thefts
18 examples of “Mob wife aesthetic” jewelry
Lab-grown diamond brand Kimaï appears on British reality business show Dragons’ Den
Jewelry brands want to train new generation of craftspeople
Jewelry designers commemorate Year of the Dragon
INXS launches jewelry line with Michael Hill
Elton John selling his jewels at Christie’s
Queen Camilla visits U.K. jeweler
Steven Singer offers to design free engagement ring for Taylor Swift
Joe Rogan likes silver jewelry
Super Bowl also-rans to get lab-grown diamonds made from M&M’s
Couple has rings made out of…well, you’ll see
Archeologists find ancient Greek temple filled with jewels
French visitor finds 7 ct. stone in Crater of Diamonds park
Woman broils diamond ring while cooking Brussels sprouts
Media Watch
WSJ on “sustainable” lab-grown diamonds
Daily Mail asks if readers can tell the difference
Financial Times on jewelry used in movies, coral sourcing, the LVMH watch fair, and retailers entering second-tier cities
From the Blog
What Impressed Gina Drosos on Her Recent Trip to Botswana
From the Podcast
The Jewelry District, Episode 113: Guest Stanley Zale
Email: rbates – at – jckonline.com.
– Twitter: @robbatesjck
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Have a good weekend.
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