This week: De Beers gets high-powered lobbyist. Rolex shouldn’t dismiss Watches and Wonders “pirates.” And Amazon put up secret company to get intel on rivals. All below.
Unique Designs acquires China Pearl
Platforms merge as EveryWatch buys Watch Auction HQ
– There’s more data available in Swiss watch industry (by Victoria Gomelsky)
What Rolex got wrong about Watches and Wonders
– Trade fair adds third public day
– London Jewelers family gives show verdict
Swiss watch exports plunge
– How women are driving the luxury watch market
De Beers’ diamond sales rise
– Diamond trade remains cautious
– Surat polishers feeling pinch from China slowdown
Lab-grown margins may be high, but profits aren’t
– Some luxury brands warming up to lab-grown (subscription)
– LVMH not planning to use synthetics in any significant way
AGTA expects little impact from lab-grown trade show ban
U.K. lab-grown diamond ruling shows why words matter
Citibank says gold price could hit $3,000
– Goldman Sachs predicts $2,700
– Lots of trade-ins in Minnesota
Chow Tai Fook sees sales jump amid gold price rise
– Considering brand revamp
Direct-to-consumer brand Dorsey growing profitably
LVMH jewelry, watch sales slip 5%
– Conglomerate accounts for bigger share of French exports than agricultural sector (subscription)
– Two Arnault sons join board
AWDC names interim CEO to replace Ari Epstein
– Resignation highlights tension over sanctions (video)
Report: Belgium letting in Russian industrial diamonds
Former British diplomat now lobbying for De Beers on G7 issue (subscription)
Zimbabwe’s diamond legacy following U.S. sanctions
Amazon ran secret company to gather intel on rivals
Michigan jeweler accused of acting as “fence”
Jeweler who allegedly sold fake paintings now allegedly selling fake diamonds
More than $500,000 in counterfeit jewelry seized in Ohio
Arrests made in largest gold heist in Canadian history
Vietnamese jewelers wary of government inspection
Businessman files case against Surat jeweler claiming gold fraud
Chrome Hearts says Crocs is infringing on its trademark
Court orders final liquidation of diamond dealer Louis Liebenberg’s company
Grand jury to hear case of jeweler charged in fatal show following IJO show
DeScenza Diamonds owner dies at 95
Patek specialist Kelly Yoch joins e-tailer Collectability
De Beers Jewellers appoints new managing director for North America
Adamas One hires advisory board for diamond tech
John Carter wins AGS’ Robert M. Shipley Award
Savannah Bananas founder tells AGS members how to stand out
A Broadway lovers’ guide to jewelry
Madeleine Albright’s famous brooches to be auctioned
Jenna Bush Hager lost her ring at New York City airport
Angel Reese wears diamond grill at 2024 WNBA draft
Adam Levine and wife Behati Prinsloo costar in steamy new jewelry campaign
New York jeweler has enviable car collection
Diamond ring lost, then found on beach (video)
From the Blog
U.K. Lab-Grown Diamond Ruling Shows Why Words Matter
From the Podcast
The Jewelry District, Episode 119: Guest Nancy Leach
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Have a good weekend.
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