This week: Robbins Brothers pivots back to natural diamonds. Is Amazon the next Sears? And people hunt for diamonds on the streets of Surat. All below.
India industry calls for two-month ban on diamond imports
“Why retail jewelers aren’t buying”
Putting sanctions on Russian diamonds won’t be easy
– Ukraine lists 50 diamond companies as new sanction candidates
– Western officials travel to India to talk Russian diamond ban
– Will sanctions be a “body blow” for Surat?
AWDC president David Gotlib resigns
Lucara ends deal with HB Antwerp
Surat lab-grown industry faces uncertain future
– Some think lab-grown prices will surge
Robbins Brothers “doubles down” on natural diamonds
De Beers doesn’t think diamonds are dead in China
– Full De Beers report
Is Rolex’s purchase of Bucherer an attempt to sway business to independents?
Rolex 20 times more popular than Patek Philippe in online searches
Rocksbox sells pre-owned fine jewelry
Lessons from high jewelry’s new era of storytelling
– Why your brand’s story matter now—more than ever
Luxury retailers expand brick-and-mortar footprint
– Additional coverage of luxe brands’ “pandemic migration”
Bain looks at the luxury “boutique of the future”
Shigeru Ban reimagines Tiffany’s Palo Alto store
John Hardy debuts flagship redesign
Mejuri opening five more stores this year
Target closing nine stores, citing retail crime
J.C. Penney net income falls 65%’
FTC, 17 states sue Amazon for antitrust violations
– Read the complaint
– Full Amazon response
– Amazon’s fight has just begun
– Why case is so consequential
– Amazon is the “apex predator”
– “No such thing as ‘free’ shipping”
– Suit heavily redacted
– Teamsters applaud
– Could Amazon be the next Sears?
New Jersey gold importer fined for evading customs duties
SEC claims Florida diamond dealer misappropriated funds
Finematter lands $2.85 million in funding
Charles & Colvard’s says sales fell 31%
Kingswood Company appoints new VP
De Beers names new chief financial officer
National Association of Jewellers pays tribute to Chris William Sellors
Sally Nelson, founder of Exclusively Diamonds, dies at 86
Equipment manufacturer charged in diamond mine death
Six people killed when diamond miner’s plane crashes in Zimbabwe
Chicago Responsible Jewelry Conference takeaways
FinCEN extends deadline for beneficial ownership reports
The Guardian: Carbon offsets don’t actually help planet
Lab-grown diamonds have potential for energy transformation and carbon capture
Mikimoto shells out to protect marine habitats
British Museum seeks public’s help in finding missing jewels
Prince William’s hunt for Diana’s missing diamond ring
Lost Tiffany wedding band found by Trader Joe’s employee
Rumors send Surat residents rushing for diamonds
– Fact check: No diamonds were thrown on ground
Reddit user scores pearl earrings in 50-cent jewelry box
Consumers excited to buy gold bars at Costco
Media Watch
The New York Times on gold and mercury
BBC visits India’s lab-grown industry (video)
From the Podcast
The Jewelry District, Episode 105: Guest Monica Stephenson
Have a great weekend!
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