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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
From the Podcast
CIBJO webinar on the trade press, including myself (video).
Have a safe and healthy weekend.
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