December 4, 2023

This week: Why each app goes into e-commerce. The battle over John Lennon’s $10 million Patek Phillipe. And the ring that proposes for you. All under.

 

Even luxurious consumers searching for holiday season discounts

– Survey says Individuals will spend less this holiday

– Shoppers deprioritize style amid hire will increase, credit card bills

– Retailers reduce holiday hiring

– Bain and Deloitte stay upbeat

 

Diamond business gears up for G7 Russian ban

– Business slams Antwerp proposal

– Martin Rapaport slams WDC’s

– Poland needs to incorporate Belarus

– Why the ban issues to India

– Ukraine consists of Indian diamond producer in list of “war sponsors”

– Shree Ram Exports refutes allegations

– Russia now UAE’s top gold source

 

Alrosa suspends two upcoming tough gross sales

– Indian business requested sales halt

– Paul Zimnisky says pure enterprise wants “growth catalysts”

 

Indian diamantaires “navigate multiple storms”

 

Indian sellers nonetheless see potential in lab-grown

 

Was finish of De Beers lab-grown check “self fulfilling prophecy”?

– Lightbox sticking with flat pricing

 

Dubai lab-grown diamond commerce hits $1.5 billion

 

Pandora says lab-grown diamonds suits its model more than most jewelers

 

European Union banning phrases like “eco,” “carbon impartial,” and “local weather impartial”

 

Greenland Ruby mine hopes to reopen in 2025

 

Jagersfontein residents pressured to signal mine disaster settlement

 

De Beers mine suspends operations after fatal vehicle collision

 

Jeweler swapped pure diamonds for lab-growns, police say

 

Kansas jeweler closes following questions about missing ring

 

Fees of diamond smuggling in Michael Mirilashvili court case (translation)

 

Diamond vanishes in Canadian consignment deal gone wrong

 

David Yurman sues Royal Chain, Samuel B

 

Retailer warned about fraudulent GIA email

 

Kretchmer model to seem in new DGSE retailer

 

Group buys Dayton, Ohio-based Jaffe Jewelers

 

Timex is the most recent model to take resale in-house

 

Hearts On Fireplace appoints chief industrial officer

 

Hindman names Reginald Brack jewellery, watch director

 

Eyal Axelrod begins Lexa Consulting

 

Hublot appoints TAG Heuer’s Nick Callegari as U.K. brand director

 

Tiffany does collab with LVMH-owned luggage brand Rimowa

 

Neil Lane introduces lab-grown bridal collection at Kay

 

“Each app needs to be a shopping app”

 

FTC names Amazon execs in “dark patterns” complaint

 

Police in Brazil crack down on $1.2 billion illegal gold operations

 

LBMA goals to create safe gold database

 

Did Sen. Bob Menendez and spouse improperly take gold bars?

 

Inside deserted Namibian diamond city, the place houses are buried in sand

 

Fox/Jesse Waters alarmed as a result of Biden household did enterprise with “Chinese diamond dealers”

 

Washington governor Inslee tours Diamond Foundry

 

Pink diamonds shaped when a supercontinent broke apart

 

Bleu Royal, 17.6 ct. fancy vivid gem, may fetch $50 million

 

Courtroom battle near resolving possession of John Lennon’s $10 million Patek Philippe

 

“Al the Jeweler” is behind the Jets’ custom bling

 

Good Q and A with Stanley Zale

 

Spouse mocks the ring her husband gave her on social media

 

Norwegian man finds historical jewels with metal detector

 

An actual housewife has a meltdown a few missing piece of jewelry

 

Appeals court docket orders return of $70,000 engagement ring in divorce case

 

The engagement ring that proposes for you

 

I make one other enjoyable look (for me at the least) on the Paul Zimnisky podcast

 

Media Watch

Robb Report lists greatest diamonds ever sold (by Victoria Gomelsky)

Irish newspaper asks if engagement rings are “antiquated”

Investopedia asks for those who ought to get a private mortgage for a ring

 

From the Weblog

Diamond Business Gears Up for G7 Russia Ban

 

From the Podcast     

The Jewellery District, Episode 104: Rolex and Bucherer, Audemars Piguet, Rob’s New E-book

 

 

Have a fantastic weekend!

 

– E-mail: rbates – at – jckonline.com.

– Twitter: @robbatesjck

– Join on LinkedIn

 

 (Photograph: Getty Photos)