I will be on vacation next week, and this feature will not run. Wishing everyone a great end of summer, as well as good health and happiness during these troubling times.
This week in Diamond Shavings: A lot of PPP loans went where they shouldn’t have. Lab-grown diamond changes color. And jewelry made out of tomato-sauce cans. All below.
Signet sales rebound after huge drop.
– Earnings call transcript.
Platinum jewelry sales also rebounding.
Rolex dealers report highest demand in decades.
Luxury goods “making retail comeback.”
– Bloomberg says the jewelry business is doing well.
JIS releases 2021 show dates.
COVID-19 is upending 24 Karat weekend.
– JA New York, GemGenève cancel fall shows.
– Hong Kong jewelry show canceled, moves to digital format.
Small business failures loom as federal aid dries up.
– Thousands of PPP loans went to businesses that shouldn’t have received them.
– Retail evictions pick up as economy restarts.
Spence Diamonds closes its U.S. stores.
J.C. Penney’s lenders are prepared to buy it.
– Liquidation fears rise.
– RetailWire: Does Penney have a future?
Macy’s Q2 losses were big, but jewelry sales rebound.
– Plans to open smaller stores outside malls.
Neiman Marcus to close three more stores.
Are department stores in their last phases?
How hedge funds profited from the pain of malls.
How Amazon escapes liability for what it sells.
Charles & Colvard reports fourth-quarter results.
Three Surat diamond, textile factories shut for violating COVID rules.
Petra will charge Indian clients more due to sales tax.
Rio Tinto kicks off penultimate pink tender.
– Diamond rundown.
Rough-market momentum “set to continue.”
– Analysts forecast De Beers “rebound.”
Lab-grown diamond morphs from yellow to pink.
Silicon Valley has deep pockets for African startups—if you’re not African.
GIA considers shutting Antwerp lab.
A new diamond ad campaign coming this fall.
The Young Diamantaires don’t talk about the old days.
Kim Pelletier to head Get Diamonds.
Christie’s vet David Warren becomes CEO of Moussaieff.
Malca-Amit exec joins Antwerp’s HB.
India’s SBI hopes to invoke promoter guarantees of defaulting companies.
– Why it wants a Blue Notice against Jatin Mehta.
Robbery crew targeted traveling jewelry salespeople.
Four sentenced in fake Native American jewelry case.
Jewelry designer claimed Bella Thorne “scammed” her.
Florida jeweler Thomas Rosanio dies.
California jeweler was inspired by his mother in Vietnam.
Top jewelry looks from the VMAs.
From Tiffany to Gucci, “going green” means more customer engagement, employee motivation.
Women who changed the world of jewelry.
Jewelry made from tomato-sauce cans.
Media Watch
The New York Times/Victoria Gomelsky on art deco jewelry.
NPR looks at why diamonds cost more than water.
From the Blog
The Young Diamantaires Don’t Talk About The Old Days
From the Podcast
Episode 26: Guest Marla Aaron:
Have a safe and healthy holiday weekend. See you on September 14.
– Email: rbates – at – jckonline.com.
– Twitter: @robbatesjck
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