This week in Diamond Shavings: Is Neighborhood Goods the department store of the future? Why the rise of the gold price could hurt the diamond market. And man puts sex joke on engagement ring, and it doesn’t go over well. All below.
James Avery appoints new CEO, first outside family.
Solid retail sales ease economic growth concerns.
– In some corner of the U.S., recession is already here.
– More than 7,000 retailers have already closed this year.
– What to expect this holiday, by the numbers.
What Generation Z shoppers want from jewelers.
U.S. Treasury claims overseas jeweler helped ISIS.
Citigroup sees gold heading to $2,000.
– Could be “bad news for diamonds.”
40,000 diamond workers may be rendered jobless in a year.
– Rapaport calls for $1 billion in marketing.
Paul Zimnisky sees diamond market recovery by next year.
Young Diamantaires wants to nurture industry’s next generation.
Botswana leader predicts new De Beers pact.
Stornoway files for creditor protection, is purchased.
Demand for Angolan diamonds said to be higher than supply.
Kimberley Process civil society coalition says it doesn’t want sanctions or embargoes.
Gold sector unveils responsible mining principles.
A “behind the scenes look” at Tiffany’s sourcing.
Benn Harvey-Walker on “jewelry and the circular economy.”
Vieri trying to “transform” the gem mining business.
Alrosa wants brand built on fluorescent diamonds.
– The Economist on Alrosa’s “bet” on natural diamonds.
Lightbox unveils Miami-area pop-up store.
Pandora launches brand campaign in London.
– Sets up pop-up in Sydney.
Brilliant Earth to open Philadelphia showroom in Rittenhouse Square.
High-jewelry brand Harakh makes U.S. debut.
Forevermark lays off six employees.
Borsheims promotes Adrienne Fay to vice president.
Kohl’s president Sona Chawla stepping down.
– How Kohl’s plans to survive.
“New type of department store” snags $11 million in funding.
FTC interviews merchants in Amazon Marketplace probe.
CNBC goes inside Alibaba’s world headquarters.
Tiffany opens largest Asia flagship in Hong Kong.
Hong Kong unrest hurts its gold market.
Luxury’s addiction to China “leaves it exposed.”
Sotheby’s shareholders okay proposed takeover.
Judge rules that Signet’s communications to PR firms are not privileged.
Shareholders launch lawsuit against Berlin jewelry group.
Jewel thief Doris Payne’s book makes some uneasy.
9/11 widow prays for return of stolen diamond rings.
29.46 ct. diamond found in Indian mine.
Alrosa’s Instagram page shows a “diamond within a diamond.”
Detroit jeweler creates piece using parts of Joe Louis Arena.
Jewelers of America’s Dave Bonaparte on his personal history with JCK.
Man puts diamonds and rubies on bike.
Meghan Markle wears Princess Di’s jewelry to launch of fashion line.
Jennifer Hudson calls diamond bracelets “slavery scars.”
Man proposes with sex joke inscribed on engagement ring, and it’s not well received.
Group finds rings, other stuff in deep water.
The Baltimore Sun profiles Smyth Jewelers.
The Wall Street Journal on gemstone cuts.
From the Blog
Guest: Joe Thompson of Hodinkee. A new one is coming up soon!
Have a great weekend!
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