This week: Why every app is going into e-commerce. The battle over John Lennon’s $10 million Patek Phillipe. And the ring that proposes for you. All below.
Even luxury shoppers looking for holiday season discounts
– Survey says Americans will spend less this holiday
– Consumers deprioritize fashion amid rent increases, credit card bills
– Retailers scale back holiday hiring
– Bain and Deloitte stay upbeat
Diamond industry gears up for G7 Russian ban
– Industry slams Antwerp proposal
– Martin Rapaport slams WDC’s
– Poland wants to include Belarus
– Why the ban matters to India
– Ukraine includes Indian diamond producer in list of “war sponsors”
– Shree Ram Exports refutes allegations
– Russia now UAE’s top gold source
Alrosa suspends two upcoming rough sales
– Indian industry requested sales halt
– Paul Zimnisky says natural business needs “growth catalysts”
Indian diamantaires “navigate multiple storms”
Indian dealers still see potential in lab-grown
Was end of De Beers lab-grown test “self fulfilling prophecy”?
– Lightbox sticking with flat pricing
Dubai lab-grown diamond trade hits $1.5 billion
Pandora says lab-grown diamonds fits its brand more than most jewelers
European Union banning terms like “eco,” “carbon neutral,” and “climate neutral”
Greenland Ruby mine hopes to reopen in 2025
Jagersfontein residents pressured to sign mine disaster settlement
De Beers mine suspends operations after fatal vehicle collision
Jeweler swapped natural diamonds for lab-growns, police say
Kansas jeweler closes following questions about missing ring
Charges of diamond smuggling in Michael Mirilashvili court case (translation)
Diamond vanishes in Canadian consignment deal gone wrong
David Yurman sues Royal Chain, Samuel B
Retailer warned about fraudulent GIA email
Kretchmer brand to appear in new DGSE retailer
Group buys Dayton, Ohio-based Jaffe Jewelers
Timex is the latest brand to take resale in-house
Hearts On Fire appoints chief commercial officer
Hindman names Reginald Brack jewelry, watch director
Eyal Axelrod starts Lexa Consulting
Hublot appoints TAG Heuer’s Nick Callegari as U.K. brand director
Tiffany does collab with LVMH-owned luggage brand Rimowa
Neil Lane introduces lab-grown bridal collection at Kay
“Every app wants to be a shopping app”
FTC names Amazon execs in “dark patterns” complaint
Police in Brazil crack down on $1.2 billion illegal gold operations
LBMA aims to create secure gold database
Did Sen. Bob Menendez and wife improperly take gold bars?
Inside abandoned Namibian diamond town, where houses are buried in sand
Fox/Jesse Waters alarmed because Biden family did business with “Chinese diamond dealers”
Washington governor Inslee tours Diamond Foundry
Pink diamonds formed when a supercontinent broke apart
Bleu Royal, 17.6 ct. fancy vivid gem, could fetch $50 million
Court battle close to resolving ownership of John Lennon’s $10 million Patek Philippe
“Al the Jeweler” is behind the Jets’ custom bling
Nice Q and A with Stanley Zale
Wife mocks the ring her husband gave her on social media
Norwegian man finds ancient jewels with metal detector
A real housewife has a meltdown about a missing piece of jewelry
Appeals court orders return of $70,000 engagement ring in divorce case
The engagement ring that proposes for you
I make another fun appearance (for me at least) on the Paul Zimnisky podcast
Media Watch
Robb Report lists biggest diamonds ever sold (by Victoria Gomelsky)
Irish newspaper asks if engagement rings are “antiquated”
Investopedia asks if you should get a personal loan for a ring
From the Blog
Diamond Industry Gears Up for G7 Russia Ban
From the Podcast
The Jewelry District, Episode 104: Rolex and Bucherer, Audemars Piguet, Rob’s New Book
Have a great weekend!
– Email: rbates – at – jckonline.com.
– Twitter: @robbatesjck
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