This week: Amazon wants to act like Chinese competitors. What happened to missing jeweler Vashi? And a 6-year-old girl gets a huge diamond ring from a classmate with a crush. All below.
Ostbye & Anderson acquires Victor Corporation
Rocksbox moves away from subscription model
Saks, Neiman Marcus to merge in $2.6 billion deal
– Deal meant to “future-proof” Saks
– Amazon “poses a quandary” for FTC (subscription)
Edahn Golan: July jewelry numbers show surprise drop
– U.S. jewelry sales growth slows in May
– Hill & Co. “Business of Jewelry” report
Rapaport: Diamond industry still under pressure
– Paul Zimnisky interviews RDI’s Andrew Rickard (audio)
Indian diamond exports fall
– India rules out new import freeze
– Manufacturers still trying to revive Surat bourse
Russia overtakes Botswana as far as diamond value
– Russian exports to Hong Kong up 18-fold in first five months of year
– Russia’s deputy foreign minister calls sanctions softening “inevitable”
– Indian industry relieved over sanctions delay
– Alrosa buys gold deposit
Richemont appoints new heads of Cartier, Van Cleef
– Will anything change at Cartier?
– Richemont, LVMH look to boost jewelry market share
– Report: Family behind Richemont made poor investments (subscription)
June NYC jewelry auctions top $70 million, led by diamonds
Ekati boss sees another 25 years of mining
– Rio Tinto completes Diavik solar plant
India’s largest lab-grown diamond sold
Israeli companies win judgment against Diamond Foundry after legal battle
Jewelry retailer Malabar Gold takes insolvency action against Flipkart
The market for pre-owned diamonds is changing (video)
Secondary-market Rolex prices may weaken further
Service center Watch Atelier closes
Jay-Z invests in online watch shop Wristcheck
The mystery of vanished jeweler Vashi
William Jones IV becomes president of Sissy’s Log Cabin
Frederick Goldman promotes Bryan Cowan
Fossil Group CFO resigns
Eiseman Jewels names new chief marketing officer
Three industry leaders form new Minnesota jeweler
Kate Spade opens stand-alone jewelry store in London
Tiffany’s Shanghai store has glittering glass “diamond” facade
– Inside Tiffany Tokyo exhibit
A look at Cartier’s Switzerland production facility
Krombholz now selling only antique and estate jewelry
Amazon starts to imitate Shein, Temu
Kohl’s plans to compete with Prime Day
The three Botswana women who designed De Beers’ newest collection
Beth Bernstein’s new book spotlights 45 female jewelry designers
The story of AGTA president Kimberly Collins’ engagement ring
Theodore Roosevelt’s stolen watch finds way home
Brazil’s ex-president Bolsonaro indicted over undeclared diamonds
Prince Edward designed his wife’s $35,000 wedding jewelry
Tyla wears $230,000 worth of diamonds at BET Awards
Megan Thee Stallion rocks “mind-bending” tooth gems
Luxury watch thefts spike at New York restaurants
Border agents seek thousands of pieces of counterfeit designer jewelry
Firefighters rescue wedding ring after freak accident
The jewelry trick scamming tourists in European vacation spots
Times‘ Modern Love writer has engagement ring, but no fiancé
6-year-old girl gets “huge” diamond ring from classmate
Media Watch
NPR looks at lab-growns during wedding season
From the Podcast
The Jewelry District, Episode 125: Guest Pippa Small
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Have a great weekend.
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