This week: Costco sells $150,000 diamond ring. Will AI replace jewelry designers? And a British jeweler tries to solve mystery of 140-year-old necklace. All below.
Charles & Colvard files for Chapter 11
Court orders refunds of billions in tariffs
– Customs says it can’t comply
– Courts likely to “push these cases along as quickly as possible”
– Reuters refund explainer
States sue to block Trump’s latest tariffs
Iran war disrupting diamond and gold business
– Dubai diamond trade comes to a halt
– Luxury brands shut Middle East stores
– Gold stuck in Dubai being sold at discount
– Rough tenders move to Antwerp
Brilliant Earth sees record sales in fourth quarter
GIA lab head Tom Moses is stepping down
Why colored stones are hot at auction—and diamonds are not
Costco sells $150,000 diamond ring
Al Cook compares lab-grown diamonds to artificial intelligence
Botswana’s diamond sales fall again
– President Boko: Botswana’s diamond-funded health care system needs to be rebuilt
– Botswana native reflects on a lifetime mining for diamonds
– Christian Science Monitor on Botswana’s diamond woes
Namibia’s output of high-quality diamonds provides “strategic opportunity”
Alrosa’s profit nearly doubled in 2025
Report: Gemfields settlement hasn’t helped people in Mozambique
Swatch Group takes aim at popular watch report
U.K. monobrand watch stores shutting down
Swiss watchmakers cope with end of furlough scheme
Can watchmakers put an end to fakes?
California cracks down on online retailer over high levels of lead in jewelry
California, Texas lead nation in gold courier scams
Saks choose bankruptcy over luxury retail’s fundamentals
– The reason Saks’ competitors prevailed, and it didn’t
Bloomingdale’s is defying the department store slump (subscription)
Why Target’s turnaround plan may be out of date
– CEO says “Target is not an everything store”
AI will not replace jewelry designers
Rob Hussa named COO of Berkshire Hathaway Jewelry Group
U.K. buying group Houlden appoints Denise McLaughlin managing director
Chow Tai Fook has new global creative director
Rebecca Foerster to receive JVC’s Stanley Schechter Award
Johnny Nelson wins the David Yurman Gem Awards grant
Podcast interview with Zenith CEO Benoit De Clerck
Van Cleef & Arpels has purchased Madison Avenue space
Pandora signs long-term lease in New York City
Actor Awards jewelry roundups from JCK, Town & Country, and National Jeweler
Alysa Liu’s earring designer speaks
Lil Uzi Vert confirms return of $24 million pink diamond
Former employee of Arizona AG office pleads guilty in jewelry theft case
Five women talk about their divorce rings
British jeweler trying to solve mystery of 140-year-old soccer medal
Media Watch
The Telegraph on issues in the diamond industry
From the Blog
Why Colored Stones are Hot at Auction—and Diamonds Are Not
From the Podcast
Eddie LeVian Guests on The Jewelry District
Email: rbates –at – jckonline.com
– Connect on LinkedIn, X, and Instagram
– I’ve written four diamond industry mystery novels—check them out here!
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