This week: Is too much turnover hurting Tiffany? Gen Z reshapes the watch market. How watches make the Olympics more exciting. All below.

 

Jewelry business closures increasing, JBT says

– The U.S. is “a jewelry safe haven”

 

Hodinkee will stop selling watches

 

InStore: Despite falling prices, consumers still clamor for lab-growns

– Abe Sherman: lab-growns having impact on profits

– Rapaport/GIA webinar on lab-grown diamonds (video)

 

Namibia bemoans lab-grown popularity

– Debmarine says it’s getting more sustainable

 

French lab-grown company Diam Concept enters receivership

 

New York dealer arrested for swapping naturals with lab-growns

 

De Beers cuts production, for second time this year

-Gets cash infusion

– Financial Times asks if natural diamond can “regain its sparkle”

 

Indian diamond industry wants direct payments to Russia

– Armenia becomes major transit country for Russian diamonds

 

“Budget boost” for India’s diamonds

 

LVMH admits Tiffany is under “pressure”

– Acquisition “not going according to plan”

 

LVMH subsidiary buys European outlet malls

– Outlet malls struggle in United States

 

Arnault says he’s okay with Richemont staying independent

 

Kering sees strong jewelry sales

 

Luxury watchmakers’ earnings reports tell us “very little”

 

High-end shoppers optimistic about their finances

 

Why luxury brands need to win back middle-class consumers

 

Are millennials embracing conspicuous consumption?

 

How Gen Z is reshaping the watch market

 

Signet looking at lower-priced fashion, self-purchase

 

Amazon, Better Business Bureau sue fake review site

 

TikTok users tout “underconsumption”

 

Chow Tai Fook scores as other jewelry brands struggle

 

Jewelers Mutual buys pawnbroker insurer

 

T.H. Baker acquires Case & Case Fine Jewellers

 

Florida jewelry store owner killed by customer

 

More charges against California jeweler accused of fraud

 

Investors want probe of LVMH into Dior contractors

 

Former GIA governor Rod Ewing dies

 

Store designer Ruth Mellergaard dies

 

Bulgari names Laura Burdese deputy CEO

 

Paul Zimnisky podcast guest: former De Beers exec Charles Stanley (audio)

 

Sales double at watchmaker Christopher Ward amid U.S. expansion

 

Watch brands explore travel retail

– Brands take to the high seas

– A Swiss watch “safari”

 

San Francisco Saks Fifth Avenue transitions to appointment only

 

Maine jeweler goes viral

 

Interview with jeweler known for Hailey Bieber TikTok proposal

 

Salt Lake City jeweler becomes Olympic winner

 

Chaumet designs Olympic medals using very Parisian metal

 

Queen Camilla donned this historic piece at the opening of Parliament

 

How precision timekeeping improves Olympic drama

 

Baskin-Robbins partners with jewelry designer

 

Indian laborer finds diamond worth $95,000

 

Can you spot the diamonds hidden among the pearls?

 

Media Watch

The New York Times on watch microbrands, Louis Vuitton’s reintroduction of a classic watch, the Arab Watch Guide, and a timepiece devoted to peace.

 

From the Podcast   

The Jewelry District, Episode 126: John Mayer, Russian Sanctions, Richemont, Saks and Neiman, JVC

 

Email: rbates –at – jckonline.com

– X: @robbatesjck

– Connect on LinkedIn

 

Have a great weekend.

 

 (Photo: Getty Images)  

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