Feb. 14 Diamond Shavings: Your Friday Web Roundup

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I’ll be on vacation next week, and this feature will not run then. Happy Valentine’s Day!

This week: Forget $3,000—could gold hit $3,500? Is it cool to customize your Rolex? And do NFL cheerleaders get Super Bowl rings? All below.

 

Tenoris: Jewelry sales soar in January

– NRF: Shoppers spent less last month

– Retail job cuts rise 20% in January

 

Diamond importers can self-certify “country of mining,” Customs says

Rapaport expects regulation to change

 

Gold crashes past $2,900; is $3,000 next?

– Both a boon and burden for U.K. jewelers

– Chinese buyers opt to remodel gold pieces

– China’s central bank keeps on buying

–  Why dealers are flying gold bars from London to New York (subscription)

– Forget $3,000. Is gold headed to $3,500?

 

Rolex calls time on Carl F. Bucherer brand, report says

– It also discontinues controversial Oyster Perpetual Celebration Dial

– Why Bucherer selling pre-owned Vacheron Constantin is “significant” (in German)

 

Swiss watch exports fell in 2024, for the first time in four years

– Yet watch prices still rise

 

Jewelry “healthy” at Kering despite difficult year

– Overall sales fall 12%

– Can Kering bounce back?

 

Chinese shoppers’ shift in mindset is “terrible” for luxury brands

 

Tucson sees light traffic, optimistic buyers

 

Diamond industry “at its breaking point”

 

Kay Jewelers leans into lab-grown engagement rings

 

Lab-grown company Ada Diamonds goes through “ownership change,” temporarily shuts stores

 

Indian minister calls lab-grown self-regulation “effective”

– Surat industry divided over lab-grown

– De Beers repositions in India amid increasing lab-grown sales

 

India’s Limelight Lab Grown Diamonds receives new funding

 

Luxe Software raises $2 million in seed funding

 

CaratLane expands offline

 

Diamond Foundry’s Spanish factory raises concerns over water use

 

Botswana “leaned on” Lucara for HB deal

– Lucara sells two big diamonds for $54 million

– Avi Krawitz has analysis (video)

 

Botswana predicts 3.3% growth after diamond market recovery

 

Endiama visits Venetia mine to share experiences

 

Petra Diamonds to slash 200 jobs

– Union calls cuts “barbaric”

 

In Louisville, Customs seized 28 counterfeit jewelry shipments in January

 

Mehul Choksi in Belgium for cancer treatment, lawyer says

 

Jewelry-maker found guilty of selling fake Charles Loloma pieces

 

Man attempts to steal $1.5 million in jewelry from Macy’s

 

California tax department prints new guidance for jewelry stores

 

Los Angeles jeweler donates engagement rings to fire victims

 

How flying a plane gives this jeweler’s business a lift

 

H. Moser opens first U.S. boutique

 

Louis Vuitton playing “long game” in watches

 

Tiffany’s watch director shapes new story

 

Is it cool to customize your Rolex?

 

New York Times (by Victoria Gomelsky): How much power do watch collectors have?

 

Jewelry designer turns to watch hands

 

Designers elevate everyday objects into luxury jewels

 

Why large watches are still big

 

Alex and Ani founder collaborates with Long Island Medium on Divinely Guided jewelry collection

 

SRK announces reduction in greenhouse gases

 

Qatari royal loses lawsuit over “Idol’s Eye” diamond

 

Investigators close in on gang that stole sports stars’ jewelry

 

Men’s jewelry starred at the Super Bowl

– Kendrick Lamar’s lowercase “a” necklace, explained

– Taylor Swift rewore sentimental jewels

 

Do NFL cheerleaders get Super Bowl rings?

 

Meghan Markle opts for “minimalist” jewelry at Invictus Games

– Poll votes Markle best celebrity engagement ring

 

Fred Savage becomes watch entrepreneur

 

Ad campaign highlights jewelry women can’t wear in Pakistan

 

U.K. chain Poundland selling £1 engagement rings

 

Ghirardelli sells “chocolockets”

 

Marion Fasel talks about the history of engagement rings

 

British Vogue’s 10 books every jewelry lover should own

 

Media Watch

The New York Times’ Alex Cuadros editorial on problems with the Kimberley Process turns into a synthetic diamond advertorial. Yes, the KP has considerable issues, but it is not impossible to track diamonds. I hope the paper of record runs a correction.

 

From the Blog

How Flying a Plane Gives This Jeweler’s Business a Lift

 

From the Podcast   

The Jewelry District, Episode 140: LVMH Watch Week, Tiffany, Tucson, Bernie Robbins

 

Email: rbates –at – jckonline.com

– Connect on LinkedIn

 

 (Photo: Getty Images)  



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