This week: You can buy gold bars at Korean convenience stores. The fake-Rolex epidemic. And Melania Trump gets into the jewelry business. All below.
Anglo American reportedly mulling sale of De Beers
– De Beers lowers production levels
– Paul Zimnisky: De Beers shouldn’t be “a value play”
– Former De Beers Botswana CEO Sheila Khama examines her country’s options
Anglo American rebuffs BHP bid
– Analyst expects BHP will try again
– South African mining minister no fan of BHP
– Vale not ruling out a bid
– How Anglo’s stumbles got it here
AGS Conclave will merge with GIA Symposium for 2025
– AGS speaker touts “self-awareness”
– Alexis Padis takes over as AGS president
– Michelle Graff’s top AGS quotes (including mine)
Jewelry crime down in ’23, but still “historically high”
Citibank sees gold hitting $3,000 an ounce
– China is front and center
Costco gold bar buyers find limited resale market
– Convenience stores in Korea selling gold bars
The “truth” about natural diamond price decline
– Natural vs. lab-grown diamond market seminar (video)
Avi Krawitz: What’s causing the natural diamond slump in China?
Paul Zimnisky: India’s a bright spot for natural demand
Botswana signs agreement to host Kimberley Process secretariat (video)
De Beers moves auction business to Botswana
This 6.2 ct. pink diamond could achieve $15 million at auction
New VC-funded direct-to-consumer lab-grown company targeting hip-hop market
Diamond Foundry’s Spanish factory to begin production at end of year
Scientists grow diamonds without extreme pressure
How one synthetic diamond retailer mitigates reputational risk
Utah jeweler charged with selling undisclosed lab-grown diamonds
Fighting the fake-Rolex epidemic
Federal Trade Commission officially bans noncompetes
– New rule faces legal hurdles
FTC sues to block Tapestry/Capri merger
– Company owners respond
Greenwashing now big concern for fashion marketers
Class action against Hermès might expose luxury secrets
How to make luxury more transparent (audio)
Tiffany CEO calls high jewelry “recession-proof” (subscription)
– Tiffany’s “surreal” new campaign
Nordstrom brothers to take company private
Three Swatch Group brands sign up for Geneva watch show
GIA introduces paper versions of AGS Ideal reports
Researchers may have pinpointed origin of Hope, Koh I Noor diamonds
The jewelry designer who made Madonna a style icon
– Kim Kardashian walked Madonna’s dog as a kid in exchange for jewelry
Melania Trump selling Mother’s Day jewelry
– Social media unimpressed
– Former aide says “not a very good look”
Ad claims Trump couldn’t get job at jewelry store
Fans think Meghan Markle may have upgraded her engagement ring
Neil Lane shares a look at his home
Media Watch
– ABC News on how lab-grown diamonds and sustainability
– FT has posted an article, a follow-up (both subscription), and a podcast on the diamond market’s woes
– SRK founder is guest on Responsible Luxury podcast
From the Podcast
The Jewelry District, Episode 120: Watches and Wonders, AGS Conclave, a Lab-Grown Factory Visit
Email: rbates – at – jckonline.com.
– Twitter: @robbatesjck
– Connect on LinkedIn
Have a good weekend.
(Photo: Getty Images)
Follow JCK on Instagram: @jckmagazineFollow JCK on Twitter: @jckmagazine
Follow JCK on Facebook: @jckmagazine
