This week: Is the Rolex market “rigged”? A doable lab-grown diamond scandal in Singapore. And analysis suggests diamonds are rarer than we predict.
Signet’s comps fall amid “difficult” setting
– Inventory climbs
Good Earth gross sales see small fourth-quarter drop
Edahn Golan: Jewellery gross sales down in February
– Sherry Smith: How did unbiased jewelers do in January and February?
2023 Oscar jewellery: “every thing all over the place that we liked”
– Roundups from National Jeweler, The Hollywood Reporter, Who Wore What, The Wall Street Journal (subscription)
– Pregnant Rihanna adorns her bump with $1.8 million diamond belly chain
– Who wore what watches at Oscars
– Among the Oscars’ finest jewelry moments
WWD: Silicon Valley Financial institution may have “chilling impact” on fashion
Gold worth surges after twin financial institution closures
HRD hits again on “upgrading” allegations
– Peter Meeus calls allegations “shocking”
Avi Krawitz on the business’s Russian crisis
The Ekati diamond mine has (one other) new proprietor
– Locals need the mine to continue
Paul Zimnisky: What pure diamond provide may look like in 2030
Indian diamond business adjusts to uncertainties
Petra’s newest tender sees bettering diamond price trend
Why not all lab-grown diamonds are created equal
India’s diamond business “grows up”
– BBC on India’s adoption of lab-grown
Diamond Foundry to construct manufacturing facility in “empty Spain”
Sydney Morning Herald on the rising doubts in regards to the “ethics of lab-grown diamonds”
Singapore lab-grown firm recordsdata criticism over lacking diamonds, diamond seeds
South African diamond supplier Leibenberg fights liquidation of his company
The Rolex market is “rigged towards normal consumers”
– Rolex boosts manufacturing with three pop-up facilities
How the “excessive finish” is driving the watch market
Boston Consulting Group on the luxurious pre-owned watch market
Personal fairness agency buys stake in U.Ok. jewellery model Monica Vinader
De-influencing “is the brand new influencing”
JCK Trade Fund’s 2023 grant recipients introduced
Julia Roberts turns into Chopard ambassador
Reed Krakoff begins reinvention of John Hardy
Opsydia appoints Jimmy Gove for gross sales, advertising and marketing
Eva Violante named head of Americas division for Phillips jewels
Longtime Borsheims worker Jennifer Johnson retires
Nirav Modi says he’s “broke”
James Avery worker fired for TikTok video
Brazil audit courtroom orders Bolsonaro to return Saudi jewelry gift
Queen Consort Camilla modifies Queen Mary’s crown
Koh-i-Noor to be acknowledged as “symbol of conquest”
1,000-year-old stays, jewellery present in uncommon coffin in hidden cemetery
Arkansas man finds “huge ugly diamond” at state park
New analysis suggests diamonds have “always been rare”
Media Watch
The New York Instances/Victoria Gomelsky visits the Tucson gem show
Additionally from the Instances: the Cross turns into “style choice,” a chat with Chaumet’s archivist, the which means of Georgian jewelry, “forgotten” watches getting second lives, the brand new vogue for tiaras, and jewellery manufacturers with hidden details
From the Podcast
The Jewellery District, Episode 91: Visitor Tom Nolan
Have an amazing 24 Karat weekend!
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(Photograph: Getty Pictures)