This week: Consumers sour on online shopping. Is gold rally a sign of financial “dystopia”? How the watch industry led to speeding tickets. All below.
Tenoris: Jewelry sales surged in October
– Commerce Dept.: U.S. watch and jewelry sales growing
Proposed Trump tariffs could cost billions, NRF says
Helzberg Diamonds drops the word “diamonds”
World Federation calls for generic diamond marketing
Botswana’s new president hopes to end De Beers standoff
– Analyst says contentious negotiations played role in Masisi defeat (subscription)
– Diamond market “dares to believe”
– Erez Jacob Rivlin: New government a “turning point”
Workers worry as Surat factories take longer Diwali break
– At least 71 diamond workers have committed suicide in Surat
GIA is closing its lab in Ramat Gan, Israel
Consumers turn away from online shopping
– Era of the direct-to-consumer brand “as we know it” is over
Jewelry sales sparkle for Richemont
Brilliant Earth expects 40 showrooms by end of year, sees sales drop 13%
Pandora plans to expand U.S. network
– Pam Danziger: Pandora keeps winning
– Shares fall as company warns silver sales may dent margins
Has luxury lost its shine?
– Fashion brands have been left with “billions” of unsold products
– Is LVMH’s empty China megastore a symbol of luxury crash?
Gold falls after Trump’s election
– Analysts see more room for growth
– Metal’s recent rally is possible sign of “financial dystopia”
Patek Philippe president slams Cubitus critics as “haters”
– That response is “why people like to see giants fail”
– Backlash shows “something deeper going on”
– Company promises new iterations
Watch industry starts to downplay sustainability efforts
More young consumers become watch collectors
Online company targets watch repairs
Long’s Jewelers names new director of buying
Jewelers Mutual appoints Mastercard exec to its board
London Jeweler Anthony Hirsh dies
New Signet CEO visits stores
Bernard Arnault forges personal ties with Elon Musk (registration/subscription)
Amazon, Google sue over fake-review website
Indian authorities seize gold and diamonds in bank loan fraud investigation
Couple sues jeweler after engagement ring is stolen during transport
How watch industry led to the start of speeding tickets
AGTA unveils 2024 Spectrum, Cutting Edge award winners
Britney Spears announces jewelry line
Kim Kardashian wears one of Princess Diana’s famous jewels
Ariana Grande sports 100 carat of diamonds at Wicked premiere
Cardi B reveals baby’s name with diamond bracelet
Walt Disney wore iconic Irish ring until his death
Groom calls off wedding when wife doesn’t like lab-grown diamond
From the Podcast
The Jewelry District, Episode 134: Patek Philippe’s Cubitus, De Beers and Signet Ad, Roberto Coin
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