This week: Has gold peaked? Is De Beers giving certain clients special deals? And why are Trump watches missing the T? All below.
Tariffs and gold price lead to L.A. jewelry “surge”
– Gold prices test mettle of watchmakers
– Bank of America says gold may have “peaked” (video)
April retail sales rise 5.3% from last year
– Month-over-month growth slows
– Retailers rush to save summer shopping season
Diamond industry hopes to exempt its product from U.S. tariffs
– Tariffs threaten India’s gem trade
– And take toll on its April exports
– The New York Times on Pandora and the trade war
– Jeweler Dan Moran charts the impact (video)
– Global supply chain pushed to “breaking point”
How Lightbox became a bust
– Avi Krawitz: What’s next for lab-grown
Report: De Beers offering clients special secret deals
– Rapaport investigates
– Reminder from 2015: De Beers has done this before
Burgundy closes manufacturing business
– Burgundy’s balance sheet is somewhat strained
– CBC examines Ontario mining industry’s woes
Botswana reveals possible 1,000 layoffs at Debswana
– Country’s economy “badly hit” by lab-grown
Lucara Diamond calls on emergency fund to remain liquid
– Raises “going concern” risk
Sierra Leone’s largest diamond miner closes, 1,000 lose jobs
Petra Diamonds sells interest in Williamson mine
Israel’s diamond financing sinks to half a billion dollars
World Diamond Council hails “breakthrough” in KP’s conflict diamond definition
CIBJO wants to define what ethical jewelry means
Jewelry “shines” at Richemont
– Watchmakers’ sales fall 13%
Compass Diversified sued after Lugano news sparks stock plunge
Saks Global to cut more than 500 vendors
– Saks taps advisers to raise liquidity
– S&P Global reconsiders retailer’s credit rating
– Its bonds plunge, before payment is made
How tech took over at Walmart
– Company’s CFO predicts higher prices
Swiss buyout of Corum marks “new era”
Swatch investor takes aim at the Hayeks
Fink’s Jewelers joins Rolex certified pre-owned program
Custom Rolex pulled from auction
Rare 10 ct. blue diamond fetches $21.5 million at Sotheby’s
Nicky Mehta joins Ashi Diamonds
Jeff Corey elected JBT chair
Colored gemstone dealer Tim Roark dies
Iowa jeweler Herman Ginsberg dies
Ana Pellicer, known for creating jewelry for Statue of Liberty, dies
Wanderlust + Co opens first U.S. store
Tanishq opens seventh U.S. store
Indian jewelers add “neo-punk” style to items
Pink is the new must-have gemstone color
How to better serve customers with disabilities
The story of M.S. Rau’s floating diamond clock
Pancake house owner starts making jewelry
Scientists turn lead to gold (momentarily)
Indian’s Isha Ambani sports huge diamond necklace from family vault at Met Gala
The case of Kim Kardashian’s courtroom diamonds
50 Cent receives public apology from jeweler who used his name without permission
T missing from $640 Trump watches
– Jeweller explores company behind them
Jewelry inspired by centuries-old paintings at the Met
Atlas Obscura visits the Netherlands diamond museum
JCK announces events lineup for Vegas show
– Victoria Gomelsky and Sarin Bachmann preview the highlights
What’s happening to Pope Francis’ ring?
Media Watch
TV docuseries New York Homicide tackles Nektalov murder in Diamond District
Good Morning America talks to Bliss Lau
From the Blog
From the Podcast
The Jewelry District, Video Edition: GIA’s Susan Jacques
Email: rbates –at – jckonline.com
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