Rob Bates
- Indexed articles, last 90 days
- 13
- Latest publication
- Sep 18, 2026
- Outlet visibility, for Jckonline
- Top 1M sites
- Earliest in this view
- Jul 6, 2026
Latest articles
SCS Global Ending "Sustainably Rated" Certificates for Diamonds, Gems - JCK (opens the original)
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SCS Global Services and its nonprofit arm, SCS Standards, have decided to stop gauging the sustainability of diamonds and gemstones. The company said in a statement that it had “retired” SCS-007, its 7-year-old diamond and gemstone standard and program, on Sept. 1. “Since [its] launch, the market conditions needed to support the voluntary standard at scale have not materialized,” the company said. “Certification was not adopted by the mining sector, and no clear regulatory path exists for produc
After CIBJO, "Synthetic" Battle Moves to FTC (opens the original)
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Following CIBJO’s change of its influential Diamond Blue Book to say that technologically produced gemstones should only be called synthetics, certain industry groups are now looking to influence how the Federal Trade Commission’s (FTC) Jewelry Guides handle lab-grown diamonds. Stuart Samuels, president of the Diamond Manufacturers & Importers Association of America, tells JCK that when the FTC starts its planned overhaul of its Jewelry Guides in 2028, his group will urge that it mandate the ter
SEC Suit Targets Former Lugano Diamonds Founder, CEO - JCK (opens the original)
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The Securities and Exchange Commission (SEC) has filed a complaint against Mordechai (Moti) Ferder, the former CEO and cofounder of Lugano Diamonds, alleging that he “orchestrated a massive accounting fraud.” In 2021, Ferder sold 60% of Lugano, which was then a high-end four-store chain based in Newport Beach, Calif., to hedge fund Compass Diversified (CODI) for $104 million—giving the company an enterprise value of $256 million. Once in charge, CODI recruited high-profile names, including the f
Falling Supply May Bring Diamond Market Back Into Balance (opens the original)
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It hasn’t been a particularly good year for the diamond mines, though it’s been an unprecedented year for diamond mines closing. Consider this: • In March, Diavik (pictured), which mining giant Rio Tinto has operated in Canada’s Northwest Territories for 23 years, ceased production a few months ahead of its intended closure date. • Four months later, Ekati, the mine that sparked the Canadian diamond rush, also announced it would close, following its parent company’s second trip to bankruptcy cou
Jewelry Is Doing Great at the Big Luxury Houses: Why? (opens the original)
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“Remarkable.” “Excellent.” “Outstanding.” Executives at the three major luxury conglomerates can barely find enough positive adjectives to describe their jewelry sales—especially when the rest of the luxury business is in the middle of a prolonged slump. Sales at LVMH’s watch and jewelry brands rose 11% during its second quarter, making it the conglomerate’s best-performing category. That number is especially notable since chief financial officer Cécile Cabanis told analysts that LVMH’s watch re
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