First, a plug: I will be moderating a panel on blockchain and the jewelry industry on Monday, July 29, at the Jewelers of America National Convention. It will feature a panel of speakers from Signet, De Beers, Richline, and IBM. See more information on the convention here.
This week in Diamond Shavings: Why Barneys New York is struggling. Crisis brews in the diamond industry. And bling-covered AirPods. All below.
The jewelry industry is still shrinking, but less so.
Senior editor Emili Vesilind’s thoughts on Charming Charlie’s demise.
– A “reminder of bankruptcy’s limits.”
Will Barneys New York file for bankruptcy?
– Looks close to liquidation.
– Did landlord push it out?
– Steven Dennis: Why it’s struggling.
J.C. Penney taps debt and restructuring advisers.
Amazon’s Prime Day was bigger than Cyber Monday and Black Friday combined.
– Amazon buying out brands—at its price.
– European Union opens antitrust investigation of Amazon.
De Beers cuts output amid industry “crisis.”
Indian cutting industry slashes jobs.
– Leaders say tender system has made things worse.
– Organizations meet to discuss situation.
Gemological Institute of America cuts prices amid market slowdown.
ABN Amro limiting loans on rough diamonds.
Antwerp closes down research center.
Lab-grown diamond companies receive investment.
The long, troubling tale of Marange diamonds.
Investors like Swatch’s gray market purge.
Pre-owned luxury now “a force to be reckoned with.”
LVMH, Stella McCartney brand form partnership.
Claire’s names Party City president its new CEO.
Frederick Goldman’s Jewelry Solutions Group adds two.
Designer Katherine James dies.
Pennsylvania DA charges two with not following precious metals laws.
Investors file lawsuit over diamond-backed crypto scheme.
Judge calls out Signet in suit dispute.
Burglar, 79, stole jewelry from Diamond District shop.
Retailers judging consumers using secret “surveillance scores.”
Are brands keeping up with changes in men?
A “brief, forgotten history of gay jewelers.”
New diamond-crusted AirPods.
Tom Chatham admits he kind of likes JCK.
Marlon Brando’s Apocalypse Now Rolex goes up for sale.
Wendy Williams has “breakfast at Tiffany’s.”
Texas jeweler has her work featured in Beyoncé video.
New company will secure global supply chain using diamonds.
The Telegram on the diamond “myth.”
From the Blog
Have a great weekend!
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