Blogs: Cutting Remarks / Industry

May 26 Diamond Shavings: Your Web Roundup 

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A promotional note to start: I will be moderating two panels at JCK Las Vegas next week.

The first is a natural diamond update, which will be held Friday, June 2 at 10 a.m. at the Showcase Stage, level 2 of the Venetian Expo. It will feature Tiffany Stevens of the Jewelers Vigilance Committee, Kristina Buckley Kayel of the Natural Diamond Council, and Ferel Zerouki of De Beers, and will cover Russian diamonds, attracting young consumers, and sustainability. Plus: questions from you!

The second panel covers “Lab-Grown Diamond Updates” and will be held Saturday, June 3 at 10 a.m., also at the Showcase Stage. Panelists Edahn Golan of Tenoris, Ari Levy of IGI North America, and Joanna Park-Tonks of the International Grown Diamond Association will discuss pricing, detection and disclosure, and sustainability. And answer questions from you!

Hope to see you there. I’ll be happy to sign books. I have even updated my website.

This week: Why some people are hiding their Tiffany bags. How lab-grown diamonds are like freshwater pearls. And a woman discovers her engagement ring contains part of her tooth. All below.

 

The “luxury party in the U.S. is over”

– Big luxury stocks take a dive

– LVMH chief Arnault loses $11 billion after stock plunge

– Industry confident despite headwinds

– Bulgari CEO says he’s selling “less but better” (subscription)

– Cartier goes all in on high jewelry (subscription)

 

Tiffany’s flagship now topped by a “jewelry box”

– Inside LVMH’s rift with former Tiffany creative director (subscription)

 

New trend: “stealth wealth”

– Tiffany customers hiding blue bags due to crime

 

How long will gold prices stay high?

 

U.S. imposes sanctions on Russian gold miners

– United Arab Emirates cashes in as Russian sanctions bite

 

G7 still discussing Russian diamond sanctions

– Indian industry still worried about them

– Antwerp still against them

– Russian colored stones still being sold  (subscription)

– John Jaffay: So what’s the deal here?

 

Michael Schechter: What freshwater pearls can teach us about lab-grown

 

Lightbox opens first concept shop

 

Diamond industry trends and predictions

 

De Beers CEO optimistic about Botswana deal

– Wants to partner with Botswana in jewelry retail market  (subscription)

– Botswana president not backing down, threatening litigation

– HB Antwerp hopes Botswana deal will usher in “more transparency”

– Richard Chetwode: Has Botswana gone rogue?

– Victoria Gomelsky’s report from Botswana

 

Namibian newspaper calls for more domestic cutting

– Angola wants beneficiation, too

– Marange still not seeing much benefit from its diamonds

 

De Beers CEO hails $2 billion investment in South Africa

– Speaks at opening of South African industrial zone (video)

– South African mining minister: De Beers left “too many holes”

 

How De Beers is rehabbing the Victor mine in Canada

 

De Beers sees “progress” in sustainability goals

 

Indian workers sent on unpaid “vacation”

 

How artificial intelligence will affect diamond grading

 

How jewelers can make the most of ChatGPT

 

QRate sells Zulilly to investment firm

 

Singapore bespoke jeweler Madly raises venture funds

 

Swarovski CEO on luxury business in China

 

Genderless jewelry new “high jewelry frontier”

 

Jewelers Vigilance Committee details “Made in the USA” rules

 

Daniel’s Jewelers makes jewelry “accessible”

 

Gen Z loves Rolex, Patek Philippe

 

Interview with Ben Bridge CEO Lisa Bridge

 

Hearts on Fire named Rita Maltez global president

– Hearts on Fire beefs up sales team

 

Audemars Piguet appoints new CEO

 

LVMH appoints new chief omnichannel and data officer

 

Bruce Rubin named senior VP of Frederick Goldman

 

Hunter Tivol McGarth takes over family store 

 

Jocelyn Zimmer becomes president of Zimmer Brothers

 

Stanley Zale joins Hill & Co.

 

Signet appoints new senior VP, investor relations

 

Hoover & Strong adds members to its sales team

 

Veer names Pat Henneberry as head of business development 

 

Terry Castro’s son on maintaining his father’s legacy

 

Palm Springs luxury jewelry executive murder case heads to trial

 

Man sentenced for running jewelry-related Ponzi scheme

 

The ugly fight over massive Brinks jewelry robbery

Inside job?

 

Miners use war weapons to hunt rare jewels in Afghanistan (video)

 

Proliferating gold mines in Venezuela show “grueling, dangerous work”

– How Venezuelan gold is trafficked through Brazil

 

Signet’s conflict minerals report

 

World Diamond Council president hails Kimberley Process “diversity”

– KP Civil Society Coalition sees “little reason for celebration”

 

Despite Nazi shadow, Christie’s sale sets $202 million record

– Yad Vashem rejects Christie’s donation

 

Sotheby’s to auction Mellon family jewels

 

Last emperor of China’s watch sells for $6.2 million

 

New Koh-i-Noor exhibit calls it “symbol of conquest”

– What the crown jewels reveal about Britain’s colonial past

 

Interview with biographer of Harry Oppenheimer

 

How Houston jeweler Johnny Dang became “king of bling”

 

Rihanna rocks a massive diamond on her toe

 

Woman finds ring she bought for nothing isn’t worth that much

 

“Horrifying moment” as bride realizes giant diamond is missing from ring

 

Bride learns engagement ring contains a part of her tooth

 

Media Watch

The New York Times on the use of black in jewelry, the Mikimoto pearl farm, lab-grown diamond “mourning jewelry,” seashells sold with gems, Maria Callas’ jewels, jewelry brands adapting to the digital age, and jewelry inspired by bugs

 

From the Podcast

The Jewelry District, Episode 96: Tiffany’s New Flagship, AGS Conclave and AI, JCK Las Vegas Preview

 

 

Have a great weekend!

 

– Email: rbates – at – jckonline.com.

– Twitter: @robbatesjck

– Connect on LinkedIn

 

 (Photo: Getty Images)  

   

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By: Rob Bates

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