This week: Is the retail boom real? Woman finds 2 ct. diamond in car rental. And Dubai jeweler has diamond-studded shoes. All below.
Amazon may launch new jewelry brand, filing suggests.
– The end of Amazon?
De Beers’ Lightbox brand debuts.
– As lab-grown diamonds boom, what’s happened to the pioneers?
– Press coverage: The Wall Street Journal, Forbes, Quartz and The Verge (video).
Michael Kors buys Versace.
– Kors aims to be the next LVMH.
– Bloomberg: Too bold a bet?
– Purchase faces four key challenges.
– Versace is profitable, says Kors CEO (video).
– Versace fans aren’t happy.
Three different watch brands leave two different fairs.
LVMH appoints new head of TAG Heuer, watch division.
– How Jean-Claude Biver became a “transcendent figure.”
– Barbara Palumbo has a Biver story.
Andrew Bone steps down from Responsible Jewellery Council.
Michael Hill International names new CEO.
Claire’s set to exit Chapter 11 by early October.
U.S. Trustee flags Samuels Jewelers employee payouts.
Sears shares fall below $1 as key deadline nears.
– Sears CEO offers plan to cut billions in debt.
– His plan gives $1 billion to his hedge fund.
Another top J.C. Penney exec leaves.
Robin Report: How real is the U.S. retail boom?
Indian government hikes import duty on diamonds.
– Gem and Jewelry Council wants government to reconsider.
– India rules out higher gold tax.
Financial Times on Indian diamond banks and the coming diamond shortage. ($)
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Botswana refuses to share details of De Beers talks.
Three Indian diamond workers commit suicide.
Investors ask for more controls in jewelry supply chain.
Angola holds ex-ruler’s son on fraud charges (mentions diamonds).
Christie’s selling 18 ct. fancy vivid Pink Legacy.
Outgoing Petra Diamonds CEO looks back at record.
Kenya shows potential to be gem hub of Africa.
WatchBox opens Swiss headquarters.
Six jewelry companies land on Inc.’s fastest-growing list.
Tacori and Tiffany among Mogul’s Top 100 Innovators in Marketing.
New York Post profiles 47th Street “jeweler to the stars” Richie Rich.
Philadelphia’s Jewelers Row throws a block party.
A 2 ct. diamond found by 71-year-old at Arkansas park.
Woman finds 2 ct. diamond in loaner car.
26 ct. Fortuna diamond, found at flea market, displayed in Australia.
D.C. lawyer sues girlfriend for return of engagement ring.
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Buckingham Palace selling replica of Markle’s ring.
Surat diamond company gives Mercedes to employees.
Tiffany & Co. hosts free art exhibition.
Dubai jeweler puts out shoes studded with diamonds.
Media Watch:
– This story, about millennials “killing” industries, contains out-of-date info about the diamond biz, and, sadly, comes from my old college newspaper
– Real Simple rounds up engagement ring trends
From the Blog
As Lab-Grown Diamonds Boom, What’s Happened to the Pioneers?
Have a great weekend!
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