This week: Will Tiffany sell lab-grown? 1916 Company may buy more watch brands. And why Costco offers so many luxury items. All below.
“Country of mining” requirement for diamond imports put on hold
Anglo American writes down De Beers’ value by $2.9 billion
De Beers, Botswana sign 10-year sales pact
– Industry hails long-delayed agreement
– Did tax dispute hold up deal?
– Round 2: Namibia, De Beers start negotiations
“The new age of natural-diamond marketing”
– Natural Diamond Council’s overview of consumer trends
Sightholders report shortages of big diamonds
– Chinese retailers offloading diamonds
De Beers sends diamond verification device to stores
– Tracr, Sarine agree on diamond traceability solution
Alrosa’s profits fall 77%
Lab-grown accounts for half of India’s diamond export market
Michael Schechter: What if Tiffany sold lab-grown?
Responsible Jewellery Council unveils lab-grown rules
Canadian human rights group Impact takes issue with Alex Cuadros’ factually challenged synthetic diamond “advertorial” in The New York Times. (Notably, Impact is the former NGO of Ian Smillie, the main source quoted by Cuadros.)
Interesting LinkedIn post on how tech differs from jewelry
South Korean synthetic growing method could be a game changer
– Chinese scientists create “super diamond”
Surat bourse owners face losses
– Surat manufacturers form job-work association
Tariffs may make India’s gold jewelry exports drop 50%
Jewelers find “creative solutions” to high gold prices
– Gold set for first weekly loss of the year
– Gold miners’ stocks soar
Japanese watchmakers outperforming Swiss rivals
Swatch has to “prove itself once again”
Bucherer accounts for 8% of Rolex’s watch sales
– Rolex’s “stranglehold” on secondhand market slips
– Watchmaker gets injunction against “counterfeiting” Atlanta dealer
1916 Company seeks to buy more watch brands (subscription)
Saks CEO’s memo unsettles vendors
– Saks laying off 5% of corporate workforce
– Closes Dallas flagship despite city’s intervention
– Moves reveal trouble in Neiman merger
– CEO wants to reset distribution model
Forever 21 in talks with liquidators
U.K. jeweler Beaverbrooks shutting seven stores
Why does Walmart want a shopping mall?
– Walmart becomes retail king again
Why does Costco sell luxury items?
Hosting a trunk show? Here’s how to stay safe
Jewelers Relief Fund has raised $80K
Memorial diamonds will be created from L.A. wildfire home ashes
Michael Hill CEO Daniel Bracken dies
47th Street jeweler Melvin Goldberg dies
De Beers Jewellers CEO Céline Assimon is leaving the company
– De Beers Jewellers rebrands as “De Beers London”
Richemont changes senior jewelry exec lineup
Chow Tai Fook CEO Henry Cheng navigates “perfect storm”
Namdia suspends CEO, other execs after deadly robbery
Petra Diamonds appoints two CEOs
Signet has new chief people officer
Fossil Group adds two to C-suite
Macy’s appoints Barbie Cameron chief stores officer
Miu Miu names Silvia Onofri CEO
GJEPC announces Kirit Bhansali as chairman
New York’s 24 Karat Club elects 2025–2026 leadership
IJO votes in four new board members
Jewelers for Children to honor Beth Gerstein, Alexander Lacik
Botswana mining minister to speak at JVC luncheon
Australian consumer watchdog to highlight misleading pricing
Report: U.S. trader StoneX bought illicit gold from Amazon rain forest
Swiss authorities uncover gold smuggling operation
Hong Kong Customs arrests jeweler for regulatory breach
Brinks’ U.S. subsidiary agrees to pay $42 million in money-laundering settlement
Jewelry seized in U.K. over cadmium concerns
Why this jeweler joined the nationwide Economic Blackout
Luxembourg jeweler gives up on plan to convert store into housing (subscription)
Piaget puts out print magazine
Jade turns into “trendy stone”
Harry Winston’s son donates fancy red diamond to Smithsonian
– Among Smithsonian’s “most significant gifts”
Jewelry brands outfit The White Lotus
Will Logan Paul make wearing cards as jewelry catch on?
Actor Fred Savage launches watch grading and authentication service
Winona Ryder, Iman star in new Pandora campaign
The 10 best films about diamond heists
Six of the best James Bond watches
Diamonds and other jewelry sparkle at SAG Awards
Notre Dame running back makes deal with celebrity jeweler Johnny Dang
U.K. thieves stole gold toilet in five minutes
NYC mom reunited with ring engraved with children’s names after losing it in subway grate
From the Podcast
The Jewelry District, Episode 141: Guest John Green
Email: rbates –at – jckonline.com
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