This week: Should jewelers sell both lab-growns and naturals? The luxury smartwatch trend fizzles out. And a couple don’t realize there’s a diamond in their cake. All below.
U.S. consumer confidence hits 12-year low
“Almost every brand is moving upmarket”
Gold’s Wild Week
– Metal refiners pause take-ins, delay payments
– Gold hits $5,500, a new record
– Then rally goes in reverse
– Is metals market broken?
Amazon slashes 16,000 jobs
– E-tail giant to pay $309 million in class action settlement
PrimeTime Shopping Network files for Chapter 7
Smaller vendors unsure whether to keep selling to Saks
– Amazon, Chanel, LVMH added to Saks’ creditors committee
J.C. Penney offering lab-grown “Ex-Change” for Valentine’s singles
– Some couples embrace anti-consumerist Valentine’s celebrations
Jewelers make money on lab-grown diamonds but don’t necessarily like them
– 92 retailers share their opinions
– Fred Mouawad: Jewelers shouldn’t sell both natural and lab-grown
IGI revenue improves amid lab-grown demand
Trump drops EU tariff threat in Greenland reversal
– What U.S.–EU tensions mean for diamonds (video)
Europe abolishes tariffs on Indian jewelry imports
Paul Zimnisky talks to Chicago news about De Beers price cut (video)
Angolan companies join NDC as Rio Tinto, Murowa exit
Daniel’s Jewelers CEO has a few thoughts on Helzberg’s new store
Florida jeweler goes viral with videos
The “new” Tiffany has soured on silver, LVMH says
– Tiffany appoints deputy CEO: report
– Jeweler rebuilds watch offerings
Panerai, IWC, Piaget name new American division heads
Will Damiani save Baume & Mercier?
– Roberta Naas: A “thoughtful repositioning”
– May mean “seismic shifts” for the brand
Are luxury smartwatches a thing of the past?
Swatch Group revenues down for the year
Gemfields auction income falls 34%
Jewelers look to the Middle East for growth
South African diamond miners accused of neglect (video)
New Jersey jeweler who sold lab-growns as natural may face new changes
California man sentenced for selling counterfeit Hopi jewelry
British authorities reject fraud claims against jeweler Vashi
Former Eric Adams aide accused of taking diamond earrings as bribe
– Diamond necklace lands former South Korean first lady in prison
Danish queen dazzles with diamonds she bought at auction
Margot Robbie wears famed Taj Mahal diamond
Divorce rings become “the ultimate statement jewelry”
Edith Flanigen, chemist who helped make synthetic emeralds, dies
Element Six says no deal yet on U.S. diamond factory
Researchers discover new kind of ice by squeezing water between diamonds
Belgian couple unaware they bought cake with diamond inside
Thanks for the shout-out, Italian Gemological Review!
Media Watch
The New York Times interviews head of De Beers London
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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