This week: Gold hits new record. Freddie Mercury’s Tiffany mustache comb. Are the Arnaults a real-life Succession? All below.
InStore: Nearly 50% of jewelers reported sales gains in March
– Commerce Department: U.S. watch and jewelry sales show biggest decline since pandemic
Pandora’s U.S. sales fall 7%
– Pandora’s CEO talks to CNN (video)
Charles & Colvard’s sales drop 32%
GIA sees largest lab-grown diamond ever: 34.59 carats
– Certain ESG claims may be less accurate than they appear
Spot gold prices hit record high
Rolex brings certified pre-owned program to United States
– Bucherer’s “first-mover advantage”
– “Why Rolex prices will keep falling”
Watchfinder takes aim at stolen watches
Will Chinese luxury watch buyers return?
– China continues to fuel spring luxury rebound
De Beers, Botswana curbing comments on contract
– Proposed “diamond debate” called off
– Semafor looks at Botswana’s diamonds
– Lessons from the Lesidi la Rona “sabotage”
Why the World Bank is interested in the diamond business
Where are all the Russian diamonds?
Russian gold is in hands of “obscure firms”
IPIS report on Zimbabwe diamond industry
How is Diavik saying goodbye to Northwest Territories?
Arizona man arrested for diamond smuggling
India attaches assets of diamond trader in money laundering case
Famed jewelry designer Effy Hematian dies
Industry leader and recruiter Rick Borchert dies
Susan Jacques wins AGS’ Shipley Award
Michael Schechter joins BOSS Logics
Bremont hires watch industry vet Davide Cerrato as CEO
Virginia jeweler hit with “nanny-cam” lawsuit
Tiffany sues NYC jeweler, alleging counterfeit sales
Victoria Gomelsky reports from Tiffany shindig
– New flagship is “more than a jewelry store”
– LVMH chief Arnault ordered makeover after getting lost in the store
Tiffany grabbed the last 35 Argyle pinks
– Argyle Rose features one of mine’s last diamonds
Dua Lipa wearing lots of Tiffany
Freddie Mercury had a Tiffany mustache comb
How Bernard Arnault’s legacy battle resembles Succession
Saint Laurent introduces first jewelry collection
Report from 2023 Met Gala
Charles’ coronation will feature “serious bling”
– South Africans call for U.K. to return crown jewels
– A “visual history of the Koh I Noor”
Princess Diana 178-diamond necklace is up for sale
Princess Charlotte could inherit over $2.2 million in jewelry
Woman refuses to give stepson heirloom ring because he’s “mean and hostile”
Woman wears fake engagement ring because she’s sick of men pestering her
“Hilarious” toddler wants mom’s diamond ring (video)
Archaeologists find gemstones at ancient Roman bathhouse
Media Watch
The Wall Street Journal, Fast Company, and The Australian (subscription) on lab-grown diamonds
Refinery29 runs book excerpt about “ugly history” of diamonds
BBC on “super-deep diamonds”
From the Podcast
The Jewelry District, Episode 94: Tiffany’s Reopening, Watches and Wonders, Signet’s Investor Day
Have a great weekend!
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