July 31 Diamond Shavings: Your Friday Web Roundup

We wish all our readers all good health and good things during this difficult time. Take proper precautions and stay safe and healthy, please.

This week in Diamond Shavings: Jewelers see engagements soar. Be careful with your EIDL loans. And why you shouldn’t woke wash. All below.


Gold price hits all-time high.

– More customers selling their jewelry.

– U.S. gold jewelry demand falls to record low.


Planning for the post-pandemic luxury market.


Connecticut jewelers see spike in engagements.

– Finding much the same in the United Kingdom.


Study finds consumers feel better visiting small businesses than malls.

– Malls seek to evolve amid pandemic.


Retailers aren’t really enforcing mask requirement.


Could EIDL loans lead businesses to disaster?


GIA lab Is moving to automated clarity grading.


De Beers CEO: How we plan to transform our business.

– Paul Zimnisky: Diamond sales down 80%-90%.

– Rio Tinto gives buyers flexibility.


Q&A with Gemist founder Madeline Fraser: What’s next after De Beers investment.


Kingold Jewelry investigated for allegedly using fake gold.


Michelle Graff looks at the “lab-grown question.”


J.C. Penney is up for sale, won’t liquidate.


Neiman Marcus closing New York City store after a year.

– Creditors say it inflated valuation ahead of MyTheresa transfer.


Simon Property, Authentic Brands bid for Brooks Brothers.


As online sales increase, so does fraud.


Amazon indefinitely suspends Prime Day.

– Amazon execs grilled for predatory practices by Congress.

– Bezos “can’t guarantee” it doesn’t copy other companies’ products.

– Amazon’s stumbles have been a boon for Walmart, Target.


Walmart is eliminating hundreds of corporate jobs.


Target, Walmart both closing on Thanksgiving.


Surat diamond industry gets back to work.


Antwerp bourse shuts for second time.

– Message from the Antwerp World Diamond Centre CEO (video).


Sydney Jewellery Fair postponed to October.


Baselworld rising from ashes as HourUniverse.

– Retailers not sold on new show.


Report: African gemstones vulnerable to criminal activity.


Nine sightholders commit to carbon neutrality.

Forbes story on sustainable mining.

– Diamond Foundry still upset about TruCost eco-report.


The perils of woke washing.


Instagram is testing a new fundraising feature.


Fabienne Lupo steps down as president and CEO of FHH.

– Means more active role for Richemont in Watches & Wonders.


Diamond Club of Antwerp names new board.


Bob McIntire, veteran of Finlay and Asurion, dies.


Florida couple says UPS lost their wedding bands.


116 ct. diamond earns more than $6 million at auction.


Drake just bought two diamond Tupac chains worth $300,000.


The strange tale of Nelson Mandela’s gold-cast hands.


From the Blog

De Beers CEO: How We Plan to Transform Our Business

From the Podcast

The Jewelry District, Episode 23: Guest Oliver Smith



CIBJO webinar on the trade press, including myself (video).


Have a safe and healthy weekend.



– Email: rbates – at – jckonline.com.

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