Blogs: Cutting Remarks / Industry

April 25 Diamond Shavings: Your Friday Web Roundup

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This week: Are malls making a comeback? How the CEO of Rolex is shaking things up. And why people in the 1970s loved mood rings. All below.

 

U.S. jewelry revenue up 3.7% in March

 

Gold passes $3,400, third milestone in two weeks

– Metal then briefly hits $3,500

– J.P. Morgan: $4,000 is next

– How jewelers are handling price surge

– Business booms on 47th Street

– Florida jeweler hoping for trade-ins

– Gold rush “bringing little joy” to Dubai jewelers

– Some Indian jewelers expect gold demand to hold steady

– Others say they’ve already seen declines

 

Gold trade-in ATMs open in China

 

Five possible ways tariffs will affect the industry

– Paul Zimnisky on the jewelry impact

– Tariff turmoil hits LVMH, other luxury brands

– L.A. watch retailer already hit hard

– Elimination of de minimis loophole may hurt Etsy sellers

– “Reciprocal” levies scare Namibia’s diamond sector

 

Tariffs lead Rolex to raise prices in U.S.

– Trade war may boost secondhand Rolex market

– Rolex CEO is causing a stir (in German)

– Company says new Manhattan flagship will open by 2026

 

Will tariffs sink Nordstrom’s deal to go private?

 

Saks Global eliminating 550 jobs

– Closes fulfillment center, slashing another 450 jobs

 

Department stores “lean into exclusivity”

 

Kering’s jewelry brands do okay; its other categories, not so much

 

Hermès dethroning LVMH signals “new luxury paradigm”

 

The Times: Is luxury falling out of fashion?  

 

As recession fears grow, “no buy” movement takes on more urgency

 

Analyst expects 45,000 store closures in the next five years

 

Shopping malls make a comeback (subscription)

 

Zales rebrand takes “playful approach”

– How it’s marketing diamonds to Gen Z

 

De Beers’ first-quarter production falls 11%

 

Surat diamond polishers go on strike against Shivanta Gems

 

Northwest Territories government unveils diamond mine bailout

– An “extreme step”

 

IGI posts 11.6% profit growth in first quarter of 2025

 

New Diamond Technology receives venture capital investment

 

Charles & Colvard delisted by Nasdaq

 

iTraceit raises 1.5 million euros to serve international luxury market

– Rapaport magazine looks at gem and diamond tracing

 

Central African Republic wants countries promoting Russian ban suspended from KP

 

Istanbul jewelry show draws more than 30,000 visitors

 

Bill Ackman takes control at Bremont

 

Interview with Bulgari CEO Jean-Christophe Babin

 

QVC’s CEO talks tariffs and TikTok

 

National Jeweler speaks with CEO of Wolf

 

Avi Levy, formerly of IGI, joins GCAL by Sarine

 

Chrono24 hires new chief financial and operations officer

 

Longtime Cedar Rapids, Iowa, jeweler Herman Ginsberg dies

 

Court rejects Mehul Choksi’s bail plea

 

Rise in L.A. jewelry thefts targeting seniors

 

Customs nabs $9.2 million in fake jewelry in Texas

 

Jewelry brand Gorjana opening Charlotte, N.C., store

 

Brinker’s Jewelers acquires fellow independent

 

Jewelry embraces the padlock

 

JCK Industry Fund announces 2025 grant recipients

 

How mood rings became a 1970s craze

 

NASA finds layer of diamonds on Mercury

 

Jeweler reunites family with 54-year-old wedding rings

 

Hodinkee founder Ben Clymer’s favorite books

 

A jewelry designer’s guide to Antwerp

 

Media Watch

Silver jewelry is back, says The Telegraph

 

From the Blog

Five Possible Ways Tariffs Will Affect the Industry

 

From the Podcast   

The Jewelry District: Watches and Wonders, Tariffs

 

Email: rbates –at – jckonline.com

– Connect on LinkedIn

– Subscribe to JCK’s newsletter

 

 (Photo: Getty Images)  

By: Rob Bates

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