The industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.
'Blood Diamond'’s curtain call
In the months leading up to the release of Blood Diamond, industry seminars on the issue of conflict diamonds played to packed rooms. But on Monday at the JA New York Winter Show, just a few retailers took the time...
In the months leading up to the release of Blood Diamond, industry seminars on the issue of conflict diamonds played to packed rooms.
But on Monday at the JA New York Winter Show, just a few retailers took the time to attend “Strengthening Industry Safeguards,” an update on the Kimberley Process and the steps the industry continues to take as part of its “zero tolerance” policy on illicit stones.
That can be taken as good news and bad news. On one hand, it’s a sign many retailers are up to speed and prepared for questions. On the other, it may represent a kind of “we dodged that one” arrogance, since the film didn’t have a major impact on holiday diamond sales or Hollywood’s love affair with diamond jewelry (as witnessed by the high-bling quotient at the Golden Globes last week).
I’m hoping it’s more the former and not the latter. Now is not the time for self-congratulations and complacency. Seminar presenter Jeff Fischer, president of the International Diamond Manufacturers Association, pointed out how some think the industry—which survived the period when conflict diamonds made up a more significant percentage of the overall supply—is impervious.
“If they think the movie has blown over and that they don’t need to do anything, then the movie really has done harm,” he said.
Plus, with five Academy Awards nominations—including Best Actor and Best Supporting Actor—the movie has its second wind. Oscar nominations may not be a true barometer of quality, but they mean business. They’re the film industry’s equivalent to a presidential campaign. Blood Diamond is officially back in the race.
Though it failed to receive a coveted Best Picture nomination, Leonardo DiCaprio’s nod for Best Actor (yes, I was wrong when I predicted he’d get nominated for The Departed instead) is a huge boost for the film. Rather then disappearing from theaters, Warner Bros. has a reinvigorated campaign. Those seemingly ubiquitous television spots will return, this time with the marketers’ favorite refrain, “Academy Award nominee...”
With the Oscars, the release of Blood Diamond in the United Kingdom and elsewhere, documentaries on the topic and continued pressure from non-governmental organizations, this is an issue that isn’t—and shouldn’t—go away. If anything, it will expand as the industry delves more deeply into developmental concerns at the heart of reducing that conflict diamond number to zero.
Bottom line: Now is not the time
The Latest

Murphy will retire at the end of the year and Alexander, currently the company’s president, will take over at the start of 2027.

The jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.

Submit your pieces for a chance to win in this year's competition.

The new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.


Mehta led India’s GJEPC through the 2008 financial crisis and was respected worldwide for his wisdom, integrity, and knowledge.

One is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.

9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.

The jeweler has partnered with 818 Tequila to gift lab-grown diamond studs to a bride-to-be and their bridal party.

The exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.

Marquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.

The inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.

The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Sponsored by American Gem Trade Association

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.























