Wishing everyone the best during these troubling times. Stay safe, and take sensible precautions.
This week in Diamond Shavings: Which retailers will file for bankruptcy next? Neiman Marcus billed furloughed workers for their health care. And rappers’ wittiest descriptions of diamonds. All below.
Millennials, Gen Z poised to be biggest jewelry buyers this holiday.
– CNN: Rich buying more jewelry during pandemic.
Newest JBT stats paint a mixed picture of the industry
– Interview with JBT president (audio).
– Specialty jewelers’ “long decline.”
Five retail holiday predictions for 2020.
– September’s retail sales were “surprisingly good.”
Which retailers will file for bankruptcy next?
The next economic crisis: empty retail space.
Top mall owners to buy J.C. Penney.
Three lessons people can learn from Neiman Marcus’ closed Hudson Yards store.
– Furloughed workers at Neiman Marcus face bills for deferred health care premiums.
Influencers are the retailers of the 2020s.
– Online associate is the “retail job of the future.”
– Instagram to crack down on influencers who don’t disclose ads.
Fifty-six percent of jewelers have made a sale on Facebook.
Why the trade has been getting back invoices from Brinks.
Madison Technologies buys Posto Del Sole.
Interview with WD Lab Grown CEO Sue Rechner.
– WD beefs up its exec team.
– Signs two sublicense agreements.
Analytical Gemology and Jewelry head criticizes GIA’s lab-grown grading policy.
Indefinite Ekati layoffs create hardship for Indigenous employees.
– Finance minister says eco-safeguards will be followed.
Petra Diamonds agrees to restructuring deal.
– Offers rare blue diamonds.
Diamond “revival” underway.
Rough shortages weigh heavily on Indian units.
Another Indian trader takes his life in Surat.
Profiteering continues in Central African Republic.
Americans who make gem mining their full-time job.
Graff Diamonds severely hurt by pandemic.
Bulgari focuses on local customers as COVID wipes out tourism.
Analyst: Luxury sector “ripe for consolidation” (video).
Inside “the fall” of Alex and Ani CEO Carolyn Rafaelian.
New Jersey jeweler charged with not returning customers’ goods.
White House chief of staff Mark Meadows spent campaign funds at jeweler.
Jewelers reveal their biggest screwups.
London Jewelers inks deal to keep headquarters on Long Island.
Tiffany to open Blue Box Café in Costa Mesa, Calif.
David Norman becomes president of Barton-Clay.
Bangkok Gems & Jewelry Show to host interim virtual show in November.
The Plumb Club debuts mentoring for FIT jewelry students.
Some wittiest ways rappers describe their diamonds.
Clare Crawley wears diamond ring as a commitment to herself.
Much-married journalist Barbara Amiel loves diamonds.
Kendra Scott’s “stomach was flipping” as she entered Shark Tank.
– Her tips for entrepreneurs.
How she’s managing: Rebecca Moskal.
Tiffany’s Anisa Kamadoli Costa receives sustainability award.
A lot of “sick jewelry” in baseball.
Can diamonds improve the taste of vodka?
New York Fire Department rescues engagement and wedding rings from grate.
Movie about radium girls coming out.
Jewelry historian talks about her favorite jewels (video).
The 10 sexiest tidbits in Jewels That Made History.
Thanks for the mentions, Centurion and IDEX.
From the Blog
Interview With WD Lab Grown CEO Sue Rechner
From the Magazine
Jewelers, How Good Is Your Gold?
From the Podcast
The Jewelry District, Episode 29: Publications, LVMH and Tiffany, and Social Commerce
Have a safe and healthy weekend.
– Email: rbates – at – jckonline.com.
– Twitter: @robbatesjck
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