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!

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JCK News Director