GN Diamond: Where great prices lead to true partnerships. The diamond source that thousands of jewelers trust.
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Former Tiffany exec Pam Cloud to head Blue Nile (TJW)
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QVC is out of bankruptcy, headed by a familiar face (TJW)
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Sasha Primak buys Gemlok (TJW)
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Indian exports could be subject to 100% duty (TJW)
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Diamond prices see best month since before tariffs (Rapaport)
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De Beers sees early signs of diamond market recovery (Business Weekly Botswana)
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Natural diamond jewelry sales rise, but lab-grown and colored stones rise more (TJW)
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Natural Diamond Council head outlines plans to reignite diamond demand (GJEPC)
- Diamonds try to chart “new path forward” (Vogue Business; subscription)
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We underestimated lab-grown diamonds, Anglo’s CEO admits (TJW)
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Israel’s diamond industry collapses as veteran traders become taxi drivers and money changers (Ynet)
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India proposes tax exemption for overseas rough sellers (Rapaport)
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Floods in Gujarat leave industry struggling (NDTV)
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Gold price hits highest level since June (CNBC)
Commentary
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Luxury resumes growth, but the boom years remain elusive (AFP)
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Why we splurge on small luxuries when money is tight (Psychology Today)
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Why are diamond sales tanking in Vietnam? (TJW)
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Why branding may never work on diamonds (Uncut)
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CVD lab-grown diamond prices fall below $80 a carat (LinkedIn)
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“Why I say no when someone asks me for a lab-grown diamond” (Sarah Die)
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As traditional industry is battered, lab-growns switch to tech (Forbes Africa)
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Economist suggests Namibia “break away” from De Beers (Mining Insight News)
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Edahn Golan charts De Beers’ 158-year history (Edahn Golan)
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Thinking about the “Blood Diamond” movie, 20 years later (TJW)
- The “dual realities of the diamond trade” (Danielle Keller Aviram)
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World Gold Council: U.S. must crack down on illicit gold (The Hill)
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How much gold is really in a solid gold luxury watch? (Forbes)
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Gold is still in “explosive phase,” says Deutsche Bank (Morningstar)
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The gold price is stuck, but gold miners are doing great (Kitco)
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Does AI have a place in the jewelry design classroom? (Rapaport)
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What makes a watch worth the money? (ScrewDownCrown)
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LVMH is facing a “governance issue, not a succession one” (Forbes)
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How Eddie Lampert drained $2 billion from Sears, left it with five stores (Unseen Billions)
Audio/video
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The Diamond Dudes discuss luxury houses, mine closures, “underestimated” lab-grown (YouTube)
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Jewelry ad of the week: Pandora (YouTube)
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Kendra Scott CEO is seeing “surprising strength” with consumers (CNBC)
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Jewelry “drives luxury rebound” (CNBC)
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Podcasts with new Plumb Club president Stephen Lerche (In the Loupe and So Many Questions)
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Look at Botswana president Duma Boko looking at Botswana’s very big rock (TJW)
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Oprah Winfrey recalls how inspired she was watching Diana Ross sport a pair of diamond earrings (Instagram)
People news
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Pandora names new former Signet board director head of North America (TJW)
- Pandora CFO Anders Boyer steps down (PR)
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Frederick Goldman appoints Beth Miller vice president of sales (LinkedIn)
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Chris Watts, formerly of Watches of Switzerland, is now head of sales at Bremont Watch Company (LinkedIn)
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Benjamin Siegel joins Hamilton Jewelers (TJW)
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Jewelers Mutual appoints new board director (LinkedIn)
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Armenian Jewelers Association East Coast names Ani Khachian as first female president-elect (National Jeweler)
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Obituary**: Ellie Thompson** (TJW)
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Richard Moore, co-founder of Polly’s Fine Jewelry, dies (News2)
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John S. White, the former curator of the Smithsonian Institution’s department of mineral sciences and the founder of The Mineralogical Record, dies (McDougall Minerals)
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Man sentenced for murdering boss at New York jewelry store (Pix11)
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California woman fined $10,000 for selling counterfeit jewelry (Tribal Business News)
Company news
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Brilliant Earth sales rise 5.7% in second quarter (TJW)
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Jewelers Mutual, K5 invest in Luxe Software (TJW)
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Etsy laying off 220 workers (TJW)
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Birks to delist from NYSE American (TJW)
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A growing number of Chinese luxury brands are threatening heritage houses (South China Morning Post; subscription)























