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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