This week in Diamond Shavings: Is the trade war already hurting retailers? Old Sears is still fighting new Sears. And should a baby get $80,000 in diamonds? All below.
Hong Kong–based Continental Jewelry acquires Novell Enterprises.
Sebastian Hobbs to return to head Signet’s U.K. division.
– SeekingAlpha: Signet’s turnaround “has yet to take shape.”
U.S.–China tiff already weighing on retail sector.
Three ways millennials and Gen Z are transforming the luxury market.
WWD looks at women buying their own diamond rings (subscription required).
Someone bought a $400,000 diamond at Costco
De Beers’ Stephen Lussier on Forevermark and Lightbox.
Philadelphia’s Jewelers Row tenants call it a day.
Donna Strum of Veruda dies.
Jeffrey Bergman joins Overnight Mountings.
Links of London appoints new creative director.
Diamond Development Initiative seeks new executive director.
Good LinkedIn post on lab-grown diamonds and ethics.
Lab finds synthetic sapphires posing as diamonds.
Audit supports Signet’s disclosure that its inventory is “conflict-free.”
– Full Signet conflict mineral filing.
– Tiffany’s conflict mineral filing.
– Charles & Colvard’s filing.
The Economist: How can Uganda export so much more gold than it mines?
De Beers closes Victor mine in Canada.
SEC wins asset freeze in diamond companies’ ponzi scheme.
U.K. diamond scam case collapses due to unreliable witness.
U.K. diamond trader banned over false invoices.
“Old Sears” and “new Sears” still fighting in court.
J. Crew to close 20 stores.
– Vanity Fair: Can J. Crew find itself again?
Judge blocks Shopko’s liquidation.
Bubble Gum Pink Diamond sells for $7.5 million.
Lab-grown diamond company Ada opens New York showroom.
Earth’s seabed may become diamonds.
Graduation speaker’s “diamond ring” comment called “sexist.”
Cardi B spend $80,000 on diamond jewelry for her baby. As all mothers do.
There’s a Pokémon engagement ring case.
Jeweler shows off his $600,000 Godzilla pendant.
Media Watch
– USA Today covers the FTC crackdown on lab-grown lingo.
– Brides asks if you need both wedding and engagement rings.
From the Blog
De Beers’ Stephen Lussier on Forevermark and Lightbox
JCK Podcasts
Minisode: Guest, Yancy Weinrich
Have a great weekend!
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