READ MORE!

Avoid The 20 Common Diamond Scams

­

All my posts on current events and trends in the diamond industry

Once Again, “25 Percent of All Diamonds” Are NOT Blood Diamonds

By |July 3rd, 2014|Categories: Diamond News|

A while back, some news sources reported that 25 percent of all diamonds are blood diamonds. That contention was made by Jason Miklian, a researcher from the Peace Research Institute Oslo (PRIO), following his article [...]

Why Didn’t Synthetic Gemstones Kill the Natural Gem Business?

By |June 30th, 2014|Categories: Diamond News, Diamond Technology|

There are those, particularly in the consumer media, who predict that the arrival of lab-grown diamonds will kill the market for natural gemstones. After all, why would consumers pay less for what is essentially the [...]

New World Diamond Council President: I’m “an Angry Young Man”

By |June 30th, 2014|Categories: Conflict Diamonds, Diamond News|

Edward Asscher, the fifth-generation diamantaire who heads the Royal Asscher Co. in the Netherlands, was elected president of the World Diamond Council last month. He is the first president to be voted in in the [...]

Chow Tai Fook’s Purchase of Hearts On Fire

By |June 26th, 2014|Categories: Diamond News|

Having spoken to several sources and observers about Chow Tai Fook's purchase of Hearts On Fire, most agree on two things: This is a great deal for Hearts On Fire. And not such a great [...]

Can Lab-Grown Diamonds Be Called Eco-Friendly?

By |June 19th, 2014|Categories: Diamond News, Diamond Technology|

During the Natural Color Diamond Association panel on synthetic diamonds at the JCK show two weeks ago, Jewelers Vigilance Committee president and CEO Cecilia Gardner said something I found quite surprising: Calling a lab-grown diamond [...]

Yes, Jewelers Can Be Held Legally Liable for Bad Lab Reports

By |June 19th, 2014|Categories: Diamond News, Jewelry News|

It seems like more and more jewelers are selling diamonds with reports from so-called lenient labs; some retailers have even adopted this as a business model. Yet, doing this might land you on shaky legal [...]

Alex and Ani…at a Crossroads?

By |June 19th, 2014|Categories: Diamond News, Jewelry News|

Alex and Ani has always been an unconventional company built around unconventional people. Rhode Islander Carolyn Rafaelian had a nice business selling bangles to department stores when she recruited local politico and businessman Giovanni Feroce [...]

Does Kimberley Process monitor cut diamonds?

By |June 17th, 2014|Categories: Conflict Diamonds, Diamond Mines, Diamond News|

Question : Blood Diamonds Hi Robert, thank you very much for providing all this information about conflict diamonds. I have been googling to find out as much information as possible about blood diamonds before I [...]

What the Big Jewelry Chains Said About Conflict Minerals

By |June 13th, 2014|Categories: Conflict Diamonds, Diamond Mines, Diamond News|

As the result of section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, public companies have had to file reports over the last month disclosing whether they use conflict minerals, which are [...]

De Beers Exec: “We See Tremendous Change in the Business”

By |June 13th, 2014|Categories: Diamond Mines, Diamond News|

In the first interview since he took over the position of De Beers' executive vice president of global sightholder sales from Varda Shine earlier this year, 30-year De Beers vet Paul Rowley talked to JCK [...]

Can the DEF Convince Consumers That Diamonds Do Good?

By |June 7th, 2014|Categories: Conflict Diamonds, Diamond News|

There has been a lot of talk about the need for the diamond industry—particularly big miners and retailers—to act collectively to promote diamonds generically, like De Beers used to. Five years ago, there was an [...]

How Independent Will Botswana Get?

By |June 7th, 2014|Categories: Diamond Mines, Diamond News|

Botswana became independent in 1966. But at this year's JCK show in Las Vegas, the country—or at least the diamond part of it—seemed to be declaring its independence for a second time. Not only did [...]

Forevermark CEO: Is the “Diamond Dream” in Danger?

By |June 5th, 2014|Categories: Diamond News|

Stephen Lussier, CEO of Forevermark, spoke to JCK on May 29 after his brand's breakfast in Las Vegas for a wide-ranging conversation that touched on not just his product but larger challenges the industry faces. [...]

De Beers CEO: We Won’t Be Raising Prices 5 Percent a Year

By |June 3rd, 2014|Categories: Diamond Mines, Diamond News|

In an interview yesterday at the Forevermark breakfast, De Beers CEO Philippe Mellier denied reports the company aims to raise prices an average of 5 percent a year. He also touched on synthetics and whether [...]

Is Zale a Fixer-Upper?

By |May 30th, 2014|Categories: Diamond News, Jewelry News|

The vote on Zale's acquisition of Signet is set for Thursday. Given the repeated attacks on the buyout from 9.5 percent shareholder TIG advisors, I have no idea how it will go. But what's fascinating [...]

EGL USA: “We’re Different”

By |May 24th, 2014|Categories: Diamond News, Diamond Technology|

Earlier this month, a Tennessee TV station slammed a local store for using reports from EGL International, a lab that it claims has lower grading standards. (EGL International did not return a request for comment [...]

Signet’s Acquisition of Zale Hits a Pretty Big Bump

By |May 21st, 2014|Categories: Diamond News, Jewelry News|

With TIG Advisors sending out almost-daily missives expressing opposition to Signet's deal for Zale, it is clear that the purchase now faces a rockier road than it had in the past. The smart money still [...]

Online Might Be Taking Over Retail. But Not Necessarily Jewelry (for Now)

By |May 17th, 2014|Categories: Diamond News, Jewelry News|

Business Insider just came out with a slide show featuring a bunch of scary-sounding charts demonstrating the growth of e-commerce. “Let's face it, the old retail model is dying fast,” it begins. “Hundreds of stores [...]

Interview With the State Department Advisor on Conflict Diamonds Ashley Orbach

By |May 17th, 2014|Categories: Conflict Diamonds, Diamond News|

Ashley K. Orbach was appointed special advisor for conflict diamonds for the U.S. Department of State earlier this year, which means she represents the United States in front of the Kimberley Process. (Her official title [...]

Different Grading Lab Standards: Jewelers Strike Back

By |May 17th, 2014|Categories: Diamond News, Jewelry News|

Whether it strikes a nerve with consumers, the two-part TV story that ran this week on Genesis Diamonds in Nashville certainly found a responsive audience in our industry, given the number of times I've seen [...]

 

 

Leave A Comment