This week: Could tariff refunds be on the way? The gold rally takes a breather. And Claire’s tries for a comeback. All below.
Tenoris: Jewelry sales up about 12% going into holiday
– Sherry Smith: Indie jewelry stores “outperform” retail overall
NRF predicts holiday sales to rise despite economic uncertainty
– “Consumer sentiment” falls to historic low level
– This was the worst October for layoffs in 22 years
Supreme Court justices sound skeptical about Trump tariffs
– Justice-by-justice breakdown
– Trump appointees seek legal rationale
– Tariff refunds now a “real possibility”
– What shippers need to know
Rolex, Richemont executives meet with Trump
Fossil Group’s creditors agree to restructuring plan
Timex Group buys Swedish watchmaker Daniel Wellington
Brilliant Earth sales rise 10%
– Results match estimates
Watches of Switzerland boosted by strong U.S. business
Pandora suffers from weak demand
– Company lowers sales growth forecast
– Q3 earnings call transcript
Gannon & Scott acquired by Swiss refiner
Why De Beers is keeping rough prices steady (subscription)
Botswana, Angola discuss De Beers acquisition
– Angola says national budget won’t fund De Beers purchase
UAE gains gem, jewelry market share; U.S. loses ground
The world’s biggest diamond mine could be in Saskatchewan
GSI discovers lab-grown brown amid naturals
Gold rally takes a breather
– Analysts see slowdown as “corrective”
– But say that surge may just be starting
– How Mejuri copes with high gold prices
– Peter Smith thinks jewelers should chill
How much gold is there left to mine?
Swiss aid group claims UAE remains a “hub” for conflict gold
Signet generating “brand buzz” ahead of holiday
Tiffany CEO Anthony Ledru calls stores “permanent exhibitions”
Helzberg opens “new store concepts” in New York City, Dallas
Rob Corder: Too many watch stores are “cookie cutter”
Stuller promotes Danny Clark to CEO
Mark Light remains Shinola president as replacement bows out
Jewelers of America elects Matthew Rosenheim new chair
Courtney Cornell named Cornell’s Jewelers president
De Beers shakes up executive committee
Saks Global makes whirlwind of executive changes
– Saks Off 5th to close nine stores
Can Claire’s make a comeback?
– Business Insider writer visits Claire’s, finds luxury “dupe”
Target designates more stores online pickup points
Amazon CEO says massive layoffs are about “culture”
Jewelers raise money to fight food insecurity
Should you insure your jewelry store against natural disasters?
Jewelry brands join in “fake apology” trend
Chinese jewelry stores will be hurt by gold tax change
– Chinese jewelers’ shares fall
The Florentine, legendary “lost” diamond, reportedly resurfaces
AGTA announces 2025 Spectrum and Cutting Edge award winners
Rockefellers’ Kashmir sapphire ring could fetch $2.5 million at auction
Pro-lifers don’t like jewelry made with embryos
Iran sentences Jewish jeweler to prison
Palantir CEO remembers jewelry store owner that sheltered family (video)
Taylor Swift’s engagement ring designer auctions off three rings
– Her “business is booming” (subscription)
Media Watch
– Fake George Santos on Saturday Night Live says he bought Louvre jewels at Zales (video)
– CBS News profiles Aurel Bacs, the “Indiana Jones of watches” (video)
From the Podcast
The Louvre Heist, Gold Price, and High Jewelry: The Jewelry District
Email: rbates –at – jckonline.com
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– I’ve written four diamond industry mystery novels—check them out here!
(Photo: Getty Images)
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