This week in Diamond Shavings: The RealReal’s stock has an impressive debut. Tiffany Trump goes on a diamond shopping spree. And an influencer tries to make money off her engagement. All below.
Drew Brees awarded $6.1 million in case against jeweler.
Jewelers warned about break-ins this holiday.
– Watch stores use “DNA spray” to catch thieves.
Tara Jewels files for Chapter 11.
Jewelers talk tariffs, online sales tax in D.C. fly-in.
Economist says United States may already be in a recession.
Jewelry brand AUrate secures $13 million in Series A investment.
– AUrate profiled in PitchBook.
Astrid & Miyu closes $5 million in funding.
The RealReal raises $300 million in Nasdaq debut.
– Nordstrom teams with Rent the Runway.
More people starting to trade in jewelry again as gold prices jump.
Pam Danziger sees opportunities in recycled diamonds.
– She also says consumers are “burned out” from too much luxury.
Engagement ring spending steady at $5,000.
De Beers’ sales keep heading down.
The diamond business starts to embrace traceability.
– Alrosa program covered in Bloomberg.
– Blue Nile says it won’t buy Zimbabwe diamonds.
Benn Harvey-Walker: “Not all diamonds” are what you’ve been led to believe.
Responsible Jewellery Council starts to target consumers.
India’s loss of GSP status will “moderately” affect industry.
Surat manufacturers urged to start cutting unit in Botswana.
British jeweler says watch brands shouldn’t compete with their partners.
J.J. Marco designer Mark Cohen dies.
Contemporary Jewelry Design Group appoints Judi Powers president.
Woman claims diamond dealer harassed and tormented her.
IWC Schaffhausen names Tom Brady brand ambassador.
Meghan Markle upgrades her ring with more diamonds.
Tiffany Trump spends $500,000 on diamond jewelry.
Burger King changes Whopper into diamond ring for gay couple’s wedding.
Influencer pitches her “surprise engagement” to advertisers.
Reuters goes inside a diamond jewelry workshop.
Philadelphia Inquirer says couples are “skipping” diamond engagement rings.
Coveteur profiles jeweler Greg Yuna.
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