This week: Was October good or bad for jewelers? The certified pre-owned watch price war. And creating the world’s largest lab-grown ring. All below.
Edge Retail: Independent jewelry sales do well in October
– Tenoris sees continued negative trend
Noted Pa. jeweler David Craig to shut its doors
No one “wants to buy luxury goods online anymore”
Brilliant Earth sales increase 2.5%
– Earnings call transcript
Watches of Switzerland’s jewelry sales sink
– Shares rise as retailer reiterates plan to double profits
– Helped by secondhand market
LVMH’s growth slows
Pandora’s U.S. sales bounce back
– Earnings call transcript
Charles & Colvard sales decrease 33%
– Earnings call transcript
De Beers diamond sales slump—again
– Is Anglo committed to diamonds?
– Diamond biz needs to “wake up”
– Indian companies prepare for long shutdown (video)
Botswana still moving ahead with HB Antwerp deal
– President Masisi’s address (video)
India diamond industry plans to cut bank financing
Seven changes predicted for the lab-grown diamond market
– Is the lab-grown market “a bubble”?
India still warming up to lab-grown diamonds
– Chow Tai Fook says Chinese consumers prefer natural diamonds
Diamond Foundry’s planned power station upsets Spanish locals
– Local group requests investigation
Diamond Foundry creates first diamond wafer and diamond-based electric car inverter
– Why diamonds could be key to faster microchips (subscription)
– WSJ podcast transcript
– “Coolest, fastest CPUs yet”
Another pivot! Adamas One starts tech division
Hamas war hits Israel’s diamond industry
EU moving ahead with Russian diamond ban
– Could Russian ban create “parallel diamond trade”?
– Will diamond sanctions work?
Kimberley Process Civil Society opening statement
– WDC wants to further Kimberley Process (speech)
– Martin Rapaport begins three-day fast to protest WDC
Journal of Italian writer’s trip to Sierra Leone with Rapaport
– Video shows effect of Peace Diamond on Koyardo village
Petra tries to come clean about “tarnished past” in Tanzania
Watch sustainability comes into focus
– Interview with Breitling sustainability director
Price war breaks out among Rolex certified pre-owned dealers
Boucheron acquires high jewelry workshop
Swiss watch magnate Jörg Bucherer dies
Rio Tinto appoints new COO for Diavik diamond mine
David Weisz appoints new territory managers
Bleu Royal fetches $44 million at Christie’s
94 ct. paraiba tourmaline withdrawn from Sotheby’s auction
– Colored diamonds “get some love”
Sotheby’s to auction Mary Tyler Moore’s jewelry
Hindman offers jewels from Brummer family
Kendra Scott enters beauty market
Amazon offers FTC defense at company-wide meeting
Settlement in Canadian diamond class action to be distributed
Cyprus court rejects extradition of Israeli mining mogul Steinmetz, frees him
Sale of equipment and assets from Alex and Ani’s fulfillment center
Angry customers say New York consignment store stole their heirlooms
Seattle jewelry store suffers seventh break-in
Australian jeweler forced to pay record damages in sexual harassment case
Namdia appeals for approval of diamond bill
Lucapa finds Angola’s mine second-largest diamond
Meet the maker of the world’s largest lab-grown diamond ring
Are uncut diamonds worth the gamble?
Kim Kardashian covers herself in crystals for Swarvoski
CBS Sunday Morning goes to Rolliefest
Man becomes TikTok star with “Watch Spotting” videos
From the Podcast
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Have a good weekend!
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