Diamond Shavings: Your Friday Web Roundup, Week of Oct. 24

Happy Diwali to all my readers!

This week: India still reeling from bank issues. A new lawsuit for Alex and Ani. And a diamond is rescued after being flushed down toilet. All below.

 

Sears closing 100 stores, report says.

– Seeking Alpha ups count to 1,100 closed stores, 6,000 layoffs.

– Company increasingly acting as landlord.

– Gets another cash infusion from CEO.

 

Jewelry TV considering brick-and-mortar superstore.

 

Scott Kay appoints Terry Pasch president of sales.

 

Swatch doesn’t need partner for smartwatch.

– Smartwatches still small percentage of wearables market.

– New watches coming from Microsoft and Will.i.am. Fitbit plans fitness superwatch. And one for kids!

 

Who is the Better Diamond Initiative?

 

Firsthand look at Ebola and the diamond industry.

– National Jeweler has more.

– “I wanted a diamond from Sierra Leone.”

 

Diamond industry sending “mixed messages.”

– Jewelers must work on their “mood.”

 

India still reeling from Antwerp Diamond Bank closure.

 – Hrishikesh Exporters gives workers cars, houses.

– Surat companies to start charter airline service. 

 

Canadian diamond production to double in four years.  

 

De Beers and Namibia still don’t have a new diamond deal.

– De Beers has deal the National Union of Mineworkers.

– Company mining production rises.

– Company signs new IT deal.

 

101 ct. diamond sells for $4.9 million at Christie’s.

 

Scio gets credit extension, new investments.

 

San Diego jeweler charged with 27 felonies.

 

Alex and Ani sued by media company.

– Plaintiff speaks out.

 

Cartier can force ISPs to block counterfeiters.

Amazon’s third-quarter sales, holiday forecast disappoints.

– Could Wal-Mart beat Amazon in online sales?

 

Zalemark signs licensing deal with Crayola.

 

San Francisco watch company Xetum purchased.

 

 Warburg invests in India’s Kalyan Jewellers.

– Private equity liking Indian jewelry chains.

 

Fairmined gold coming to U.S.

 

Six-pound gold nugget found by prospector.

 

Pebble mine sues EPA.

 

Petra makes $15 million from 232 ct. white diamond.

 

$1.6 million diamond-covered Halloween costume.

 

Bill Clinton still loves Shinola.

 

Diamond ring recovered from sewer after being flushed down toilet.

 

Five most expensive cocktails—including diamonds.

 

Media Watch:

Glamour on Blue Nile’s new app.

CNBC guest calls diamonds “wearable investments.”

The New York Times on smartwatches.

 

From the blog

 Who Is the Better Diamond Initiative?

 A Firsthand Look at the Ebola Crisis and the Diamond Industry

 

 

 

Have a great weekend!

– Email: rbates – at – jckonline.com.

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JCK News Director