Dec. 20 Diamond Shavings: Your Friday Web Roundup

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This is the last roundup of 2024. I will be on vacation between Christmas and New Year’s, so Diamond Shavings will not run next Friday. Wishing all who celebrate a merry Christmas, happy Hanukkah, and a happy and healthy 2025.

This week: The holiday is looking good for jewelers. Is IGI worth what they say? And debate erupts over rappers’ versus athletes’ jewelry. All below.

 

Jewelers report strong holiday sales

 

U.S. retail sales show economy’s strength

– Retail hiring down 5% in November

– Teamsters go on pre-holiday strike against Amazon

 

American buyers now account for one-sixth of Swiss watch market

 

Tous family regains full control of jewelry company

 

Luxury is in a “death spiral”

– Leading luxury firms cutting prices to boost sales

– Top brands consider accepting crypto

 

IGI shares list at 22% premium over IPO price

– Stock falls 6% after debut

– Indian newspaper interviews IGI management

– Richard Chetwode questions IGI’s valuation

 

About 10 De Beers sightholders lose allocations

 

Lucara announces names of two mega-diamonds

 

EU grants Diamond Foundry $85 million for Spanish lab-grown factory

 

U.S. Department of Labor gives grant for combatting child labor in gold mining

 

Alrosa’s production drops 4.6% in 2024

– Russia’s new mine is “brilliant, huge, and dangerous”

 

Audemars Piguet CEO: Watch market needs to target women

 

Boucheron opens first boutique in Las Vegas

 

Lark & Berry opens lab-grown diamond store in Houston

 

Macy’s accounting scandal raises questions about which errors matter

 

Steve Feldman looks back at 45-plus years in the jewelry business

 

MJSA elects Edward DeCristofaro new chair

 

Manoj Bhandari voted in as IDCA president

 

Gianna Bazzano joins Bulgari as PR manager

 

Former communications head at David M. Robinson launches own agency

 

Jewelry lover and author M.J. Rose dies

– Marion Fasel remembers

 

Frank Circelli, founder of Gem Shopping Network, dies

 

Two men charged with murder of Michigan jeweler

 

Couple wanted for jewelry store thefts in Kansas

 

Jury finds customer defamed jeweler accused of misrepresenting diamond

 

Tiffany makes record-setting bid for Titanic-associated watch

 

Jackie Kennedy’s brooch achieves over twice its estimate in auction

 

What happened to Zsa Zsa Gabor’s jewelry?

 

Teen Mom star Janelle Evans posts review of jewelry business she’s reportedly never frequented

 

New social media debate over athletes’ vs. rappers’ jewelry

 

Beware of diamond rings you get in the mail

 

Diamond dust could offset climate change—but it’ll cost $175 trillion

 

Woman upset that boyfriend gave his mom more expensive gift than her

 

“Unconventional” wedding includes engagement ring after getting married (Gasp!)

 

Jeweler can tell personality based on engagement ring

 

From the Podcast   

The Jewelry District, Episode 137: Guest Ian Smillie

 

Once again, I’m wishing everyone a happy and healthy new year! Be good to each other. See you in 2025.

 

Email: rbates –at – jckonline.com

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 (Photo: Getty Images)  

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