Blog: Cutting Notes/Diamonds/Industry
Wish everyone who celebrates a happy and healthy Hanukkah!
This week: How misleading diamond price information. The Dubai-Israel deal may backfire. And how Amazon squeezed its sellers. It's all below.
SpendingPulse said that jewelry sales during the holiday weekend increased by 78% (!).
– Edahn Golan expects jewelry sales during the holiday to increase by 40%.
– 70% of jewelers reported an increase in sales in October.
– 10% of consumers buy more jewelry and watches.
Black Friday weekend sales show consumer confidence.
-Or they didn't.
-Cyber Monday sales were lower than expected.
– The days of waiting in line for the Black Friday offer may be over.
– President Biden discusses holidays with retail executives (video).
Underestimate it! Shoppers say they will support local businesses this holiday season
Survey: Engaged couples want a personalized experience.
Signet believes that the third quarter performed strongly because it is moving towards a “luxury within reach”.
– The stock price fell because analysts worried about maintaining momentum.
– CEO talking with Jim Cramer (video).
– The street writer has an idea.
Shopping malls are turning to luxury retailers.
How the pandemic has widened inequality in Swiss watchmaking.
Prada hopes to join the new Net-a-Porter.
The CEO said Pandora stays away from Amazon and Farfetch.
– Pandora executives see fewer browsers and more buyers.
Amazon is "squeezing" market sellers.
What went wrong with Rent the Runway.
What is Macy's thinking?
Sotheby's expects its luxury goods sales to exceed $1 billion for the first time.
– In the next auction, everything is on this Tiffany necklace.
Bulgari invests in "strategic" American markets.
Due to supply concerns, rough diamond prices have risen.
How the average price of diamonds is deceptive.
Alrosa turned to a customized rough contract.
– List new Alrosa Alliance members.
Israel’s peace agreement with Dubai backfired.
The Diamond Agreement brings Qatar and Israel closer together.
Ekati's future may be underwater.
– Develop a proposed environmental plan.
– Desoline Corp. says it owes Ekati money.
Davik was accused of an unsafe work environment.
Endiama will increase production before the IPO.
Botswana hopes to replace diamonds with coal.
The United States abandoned its proposal to impose tariffs on Indian goods.
The International Planting Diamond Association is burgeoning again.
Paul Zimnisky talks with the people at Source Some (audio).
Statement of the State Council on the conclusion of the KP plenary meeting.
Senior investors said that gold miners must justify their environmental impact.
The head of DMCC criticized Switzerland's decision on UAE gold.
A large number of illegal gold miners split in Brazil.
The author discusses issues in the gold trade (audio).
Ethical Metalsmiths has collected the best gold books.
Gina D'Amato was appointed as the executive director of the Responsible Mining Alliance.
Guild Consulting hired Heather Favali.
Wal-Mart's chief financial officer resigned after 22 years.
Gary Ruskin received the Bonanno Award.
Karl Lagersfeld launched a new jewelry collection.
De Beers Jewelers opens a new flagship store in London.
– Rapaport and Neil Ventura talk about De Beers' innovation strategy (audio).
Indian jewelry brands criticized "models not happy" in advertisements.
Swarovski turned London's social club into a big gingerbread house.
Guess which jeweler brought the heat to the Gucci House?
Some of Elizabeth Taylor's favorite jewelry.
A "new form of diamond" has been created.
Some people are obviously obsessed with jewelry that looks like hardware.
International Planting Diamond Association is budding again
Jewelry District, Episode 57: Guest Scott Lachut
Spend a safe and healthy weekend.
– Email: rbates – at – jckonline.com.
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