This week: Botswana wants Lucara and HB Antwerp to kiss and make up. Some consumers worry their lab-grown diamonds are too big. And a man’s seven daughters follow him into the jewelry business. All below.

 

2024 jewelry outlook: a volatile year ahead?

 

How are independents doing this holiday?

 

Edahn Golan: Everything to know about engagement rings this holiday

 

Paul Zimnisky: Diamond prices to make comeback in 2024

 

G7 will restrict Russian polished beginning in March

– India seeks “flexibility”

– Armenia worries about how they’ll be impacted

– Russian sanctions “beginning to work”

 

Indian industry to resume diamond imports after Dec. 15

 

Anglo American reducing De Beers overhead by $100 million

 

David Prager to leave De Beers

 

Botswana government wants Lucara to reengage with HB Antwerp (subscription)

– Lucara “seems to be using a lot of debt”

 

WSJ: The large size of lab-grown engagement rings has become an “embarrassment” (subscription)

 

Lab-grown diamonds: How do retailers handle buybacks and trade-ins?

 

Profile of the Jain jewelry traders in Antwerp

 

The price of gold sets new record

– Geopolitics and central banks will provide support for gold in 2024

– Surging gold price has Indians recycling jewelry for wedding

 

Signet’s sales fall, diamond prices stabilize

– CFO says engagement rebound is coming

– CEO Drosos on Mad Money (video)

– Earnings call transcript

 

Watches of Switzerland sees growth “flatten”

 

Walmart CEO says consumers may not be as resilient next year

 

Walmart and Target are looking similar these days

– Sign of a “new economic landscape”

 

Neiman Marcus turns down Saks’ $3 billion merger offer

 

Swarovski’s biggest store ever resembles a jewelry box

 

Why is Sears reopening some stores?

 

Watchmaker and jeweler Charriol relaunches fine jewelry

 

Breitling makes watch exclusively for Bucherer

 

Lashbrook sues Manly Bands for allegedly copying designs

 

Rolex Ripper documentary said to glamorize violent crime

 

Pantone’s 2024 Color of the Year: Peach Fuzz

 

A Tokyo designer captures memories in gems

 

The power of the horseshoe in jewelry

– How the hexagon shapes the jewelry world

 

Man’s seven daughters follow him into jewelry-making

 

Jewelry-designing sisters win Global Women in Business award

 

Gold bars featured in Bob Menendez bribery case linked to 2013 robbery

 

A ring Irving Berlin gave his wife heads to auction

 

Sotheby’s sold all of Mary Tyler Moore’s jewelry

 

Selena Gomez flaunts her diamond ring

 

Hear me on the Motley Fool podcast

 

Thanks for the shout-out, Instore

 

Media Watch

The Atlantic does (yet another) rewrite of Edward Jay Epstein 1982 diamond story

 

From the Podcast      

The Jewelry District, Episode 110: NYC Jewelry Week, De Beers Code of Origin, Holiday Predictions

 

– Email: rbates – at – jckonline.com.

– Twitter: @robbatesjck

– Connect on LinkedIn

 

Have a good weekend!

 

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