This week: How a lot have lab-grown diamond wholesale costs fallen? TikTok feuds modernize the diamond district. And a brand new Netflix collection can be set within the Antwerp diamond business. All beneath.
Signet doesn’t see any extra main acquisitions
– Predicts $10 billion in gross sales from wedding rebound
– Not “mall retailer”
– Exhibits power in omnichannel
– CEO Drosos will get love-bombed on Mad Money (video)
Australian jeweler Michael Hill buys native rival
Tiffany reopens New York Metropolis flagship
– WWD’s “floor-by-floor guide”
David’s Bridal recordsdata for chapter, plans to fire 9,000
Diamond seller, associates charged with violating U.S. sanctions
– U.S. sanctions diamond corporations for ties to alleged Hezbollah funder
– Press releases from Justice Department and Treasury Department
– All these added to OFAC list
Avi Krawitz deep dive into Botswana–De Beers divide
– HB Antwerp deal caught in “political crossfire” (subscription)
– New De Beers CEO posts about visit to India and diamonds in speakers
Do pure diamonds actually have “inherent value”?
– Naturaldiamonds.com posts new “diamond facts”
The “new” diamond district, full with TikTok feuds
Diavik “misunderstood” spill reporting requirements
Lab-grown wholesale costs have fallen 85%
Opposition says Indian authorities let Jatin Mehta flee due to connection to Adani
– Says Mehta’s shell companies pumped money into Adani
– Deep dive into Winsome Diamonds saga: components 1 and 2
Tom Chatham writes ebook about his family
Gold worth goes over $2,000 again
We’re previous watch world “insanity”
Swiss watch leaders desirous to make up for “lost time in China” (by Victoria Gomelsky)
– Smaller watches change into biggest timepiece trend
Cartier tries digital try-on device
The reputations of main luxury brands have fallen
New Netflix collection covers Antwerp diamond district
Ex–UFC fighter accused of stealing jewelry
Delaware jeweler William Minster dies
Walmart U.S. chief merchandising officer steps down
John Antonacci promoted at Gannon & Scott
Yondor Diamonds faucets Venus Jewel vet to move Indian workplace
JVC provides Dallow, Holtzman, Zerouki to board
Sensible Earth opens new showroom in Southern California
A 116 ct. tsavorite is now in the Smithsonian
Large pink diamond discovered in Lesotho
50,900-diamond ring units world report
Brides provides recommendation on hiding an engagement-ring box
Media Watch
Monetary Instances on alternative engagement rings, Lebanese jewelers, and the industry’s “blue period”
From the Weblog
Signet Doesn’t See Any Extra Main Acquisitions
From the Podcast
The Jewellery District, Episode 93: Visitors Feriel Zerouki and Mahiar Borhanjoo
Have an incredible weekend!
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(Photograph: Getty Pictures)