This week: Jewelry doing better than other luxury products. Vendors report unease with Saks. And Hamptons martini comes with diamond necklace. All below.
Jewelry outperforms other luxury goods
– U.S. jewelry sales show “slight rise” in May
– Why the luxury market really isn’t so bad
Online sales hit biggest slowdown in decade
– Consumers seek value beyond low prices
Platinum price is starting to surge
Gold price climbs on trade uncertainty
– HSBC ups gold price forecast
– Gold selling frenzy sparks cash shortage in Diamond District
Watches of Switzerland warns trade war may cause U.S. price increases
Diamond market slows amid tariff upheaval
The diamond trade copes with tariffs and sanctions
Sanctions cripple Russian diamond miner Alrosa (subscription)
Tanishq bullish on U.S. market, less so on lab-grown
Report: Prices of fancy colored diamonds skyrocketed 200% since 2005
French finance ministry is sticking to term synthetic (subscription)
Clyde Duneier names new CEO and new president
André Messika appoints Barak Levy head of Belgium operation
Vivetta Ponti exits namesake brand
Signet board member Jonathan Seiffer resigns
Pennsylvania jeweler David Craig Rotenberg dies
Renard diamond mine put up for sale
Namdia pushes for larger share of rough diamonds (subscription)
Illegal mining rises along with gold price
How “blood gold” fuels conflicts in West Africa
Investigation sheds doubt on more Lugano Diamonds financials
Questions raised over Mehul Choksi lawsuit
Post-trial verdict finalizes Chanel’s victory over reseller
Charles & Colvard enters into $2 million note agreement
Wolfspeed (formerly Cree) files for bankruptcy
Birks borrows $10 million to acquire jewelry stores
Saks faces vendor and creditor unease
– Retailer secures financing to make debt payment
Georg Jensen receives polish from new creative director
Interview with Parmigiani Fleurier CEO Guido Terreni
R.F. Moeller expands store in Twin Cities suburb
Boucheron opens on Rodeo Drive
Harrods to merge jewelry and watches
Indian lab-grown startup Aukera secures $15 million in funding
– VCs advise caution in lab-grown investing
Amazon will soon employ as many robots as workers
“Pistachio green” is becoming the color of the world’s hottest watches
How art deco continues to inspire modern jewelry styles
CIBJO’s Blue List aims to set standards for ethical lingo
SRK says its diamonds are now carbon-negative
Melanie Grant’s new book explores 200 years of jewelry
Hamptons martini comes complete with diamond necklace
Scarlett Johansson pairs hot red dress with 49+ carats of diamonds
Woman dumps boyfriend, then he mails her an engagement ring
Media Watch
Forbes profiles Olivia Landau and the Clear Cut
Newsweek: How Nicole Wegman built Ring Concierge
New York Post guide to selling gold in the Diamond District
From the Podcast
The Jewelry District: Trends and Takeaways From JCK 2025
Email: rbates –at – jckonline.com
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