Diamond Shavings: Your Friday Web Roundup

 

This week … Internet sales tax gains momentum … Do men mostly buy diamonds for mistresses? … A reality star only wants jewelry stolen from Harry Winston. Or something … All below …

 

Fate of Brodkey’s still up in the air.

 

Blue Nile’s sales jump 21 percent.

– Earning call transcript.

– Did fund sell Blue Nile “down the river”?

– Downgraded by Morgan Stanley.

 

Bed Bath and Beyond now selling jewelry.

 

Report: Apple building smart watch.

– Will “fill a void.”

My thoughts.

 

The Forevermark: Breaking through?

– De Beers sales fall with diamond demand.

– Invests in South African mine.

– Rumors the CEO is leaving

 

Tiffany sues Costco over “counterfeit” engagement rings.

 

J.C. Penney “not acting like financially healthy company.”

– Retailer doubled magazine advertising—and sales collapsed anyway.

 

SeekingAlpha: Zale’s fundamentals “deteriorating.”

 

TAG Heuer CEO jumps to Bulgari.

 

Retailers forecast “modest” sales increase in 2013.

 

Supporters claim “momentum” on Internet sales tax.

– Bill reintroduced.

 

Obama proposes hike in minimum wage.

 

Men favor buying diamonds for mistresses.

– Canadian consumers favor diamond rings for Valentine’s Day.

 

145 ct. diamond found by Alrosa.

 

World Federation of Diamond Bourses suspends Indian diamantaire.

 

Edahn Golan: Diamonds becoming “bona fide investment vehicle.”

– Fox Business News guest on diamonds as an investment.  (Video.)

 

Avi Krawitz: Consumers demanding ethically-sourced diamonds.

 

Report: Belgium wants the EU to lift Zimbabwe sanctions.

– Global Witness objects.

 

Mugabe suspends officials over “diamond graft.”

 

Book on Angolan diamond industry can be published.

 

Northwest Territories negotiating new diamond agreement with Winston.

 

De Beers Canadian mine blockaded again.

– Threatens legal action.

 

Jeweler takes in stolen Olympic ring.

 

Reality TV star would only steal jewelry from Harry Winston.

 

Maryland jeweler dies.

 

Courtney Love resolves jewelry lawsuit.

 

D.C. bar selling diamond cocktail.  

 

Homeless man returns diamond ring.

 

Media Watch:

– Perpetually diamond-hating Jezebel thinks big engagement rings “look tacky.”

– Harvard Business Review calls diamond ads “nauseating.”

 

From the Blog:

The Forevermark: Breaking Through?

Apple’s Smart Watch? Not So Dumb.

 

From JCK:

My story of online reputation management.

 

Have a great weekend …

 

JCK News Director