Growing Diamonds, Saving the Planet
July 21, 22 by John JeffayThere was much excitement last month when Lusix announced a $90m funding round, not least because LVMH was among the investors. The French luxury conglomerate now owns the iconic US jeweler Tiffany & Co. Lusix makes lab-grown diamonds... Read More...
Jewelers' Ransomware Dilemma
July 14, 22 by John JeffayLast year's cyberattack on Graff came as a stark reminder to the jewelry world that nobody's safety is guaranteed. Many months later it has emerged that the exclusive London jeweler handed over the Bitcoin equivalent of $7.5m to prevent the hackers who had already... Read More...
Buying a $200 Stake in an Argyle Pink
July 07, 22 by John JeffayInvesting in diamonds has always been a tricky business. On paper they may seem like an attractive option, especially at a time like this, when the markets are in turmoil and crypto is in freefall. But the thing that sets diamonds aside from precious metals or commodities... Read More...
The Global Geopolitics of Diamonds
June 29, 22 by Erez Rivlin"For of the three forces, the power of arms, the power of alliance and the power of money, the last might well become the most reliable instrument of war...". Already in 1795, in his Perpetual Peace essay, Immanuel Kant envisioned how economics would be weaponized in... Read More...
Business as Usual at Alrosa?
June 23, 22 by John JeffayIt seems to be business as usual at Alrosa. The US and the EU may have imposed sanctions designed to halt the flow of Russian diamonds, but you'd barely know it from upbeat comments made by the company's CEO Sergei Ivanov this week. Alrosa has no plans to scale back... Read More...
Gender Bias - Still Alive and Well at US Jewelers?
June 16, 22 by John JeffayThe Sterling gender bias case is finally over. It lasted almost 15 years and became "a hallmark of #MeToo activism". The jeweler was accused of "gender discrimination in pay and promotions practices" by a class of 68,000 women... Read More...
Welcome Back to Vegas
June 08, 22 by John JeffayIt's hard to believe that three years have passed since the diamond world last converged on Vegas. Who among the 30,000-plus visitors and exhibitors could have imagined that JCK 2020 and JCK 2021 simply wouldn't happen? That the world would be gripped by a global... Read More...
Diamonds B2B: Why We Need to Embrace Social Media
June 02, 22 by Elle HillPeople do business with people they trust. People do not do business with businesses. The human connection, or lack thereof, is the number one determinant of a business's success. That's why trade shows and getting meetings are an important part of B2B marketing... Read More...
Botswana: Revival of the Mine-to-Finger Model
May 26, 22 by Erez RivlinThe fog of the Russian-Ukrainian war has hidden a major diamond battle that rages thousands of miles south-west to the Russian war zone. The President of Botswana, Mokgweetsi Masisi, speaking at a gala dinner in Gaborone, declared that "he no longer wished to operate under.... Read More...
One Big Step for Traceability
May 19, 22 by John JeffayTraceability was already a hot topic before Russia invaded Ukraine. Now it's even hotter. Guaranteeing a diamond's country of origin before 24 February may have been an attractive bonus. Today it's fast becoming an imperative, so that gems sold without evidence of ... Read More...
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