This week in Diamond Shavings: Drew Brees’ case against jeweler goes to jury. Walmart closes jewelry distribution center. And why you shouldn’t trash your ring online. All below.
Gold price hits highest level in five years.
Online retailer Enchanted Diamonds liquidates.
– Daily News front-page story.
Sotheby’s to go private in $3.7 billion deal.
The Christie’s Maharajas & Mughal sale brings in $109 million.
Retail Dive on the “decline of diamond retail.”
– Bain sees “strong growth” for jewelry.
Walmart closes jewelry distribution center in Bentonville, Ark.
Traditional watches outselling smartwatches again.
Samsung moves to dismiss Swatch trademark suit.
Vacheron Constantin fighting fakes with blockchain certificate.
– Sydney Morning Herald looks at Everledger’s diamond work.
Please don’t use Frost & Sullivan’s lab-grown eco-impact report.
– France24 looks at “green” issue (video).
– Benn Harvey-Walker is “losing faith in lab-grown.”
– Hedda Schupak looks at Lightbox, one year later.
– Adweek on lab-grown (subscription required).
What does transparency mean in 2019?
Enforcement Directorate stops liquidation of Winsome Diamonds.
Botswana companies criticize De Beers for not benefiting locals.
Africa’s banks fund construction of mining vessel.
Surat diamond industry accused of underpaying women.
The Guardian asks if crystals are “new blood diamonds”? Lots of skepticism on Twitter about this one.
Murder, rape, and contamination claims at Tanzanian gold mine.
– Tech companies check suppliers.
Why boycotting artisanal gold “is not the answer.”
Zimbabwe poverty shocks diamond mining boss.
Police say Georgia jeweler “scammed” customers.
California court says insurance policy doesn’t cover jeweler shot at home.
Jury to decide Drew Brees case versus jeweler.
Jewelry store owners help recover $30,000 ring.
Toxic jewelry bill passes clears key California committee.
Bottega Veneta appoints new CEO.
Tiffany’s artistic director talks about “new chapter” at retailer.
Pandora Australia to close its in-house distribution center.
The ClearCut sells millions in diamonds on Instagram.
Will Story lure shoppers back to Macy’s?
J.C. Penney, Macy’s nervous about tariffs.
Lev Leviev’s son may file for bankruptcy.
Le’Veon Bell’s stolen-jewelry 911 call.
A look at Lauren Bushnell’s diamond ring.
People are mad after woman trashes her engagement ring.
Caterer finds missing diamond ring in dumpster.
From the Blog
Have a great weekend!
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