Diamonds & Engagement Rings News

Even with the economy at where it is now and being so weak diamonds really are still a girls best friend. Tiffany & Co’s U.S net sales for the fourth quarter gained 4% now that has got to be saying something.

World wide store like Tiffany’s strive with there sale of these luxury goods and it is believed that the will continue to stay just as strong; even with the economy being so weak.

 Shoppers still want there luxury goods such as diamonds and expensive handbags or jeans. These luxury companies all say that currently they are on top of there game and will continuing to do very well even as the economy falls.

The Softbank 823SH phone ranges in a lot of different colors and styles for bits of animals to diamonds.

Never a place of disappointment, Japan has been even odder than usual this week, with not just a platinum encased PC released, but also with a mobile phone.

People believe that the PC is just a publicity stunt and they doubt it even exist; however the phone covered in diamonds is actually for sale courtesy of Softbank Mobile.

Softbank is offering its Premium Texture 823Sh hand set for sale in a batch of 10.

The mobile phone is covered in 400 tiny lose diamonds from Tiffany Japan, making it more of a show piece and will most likely end up in a show case than in someone pocket.

More appealing, however are its less garish siblings that come with a choice of front panels made of everything from wood to pink crocodile skin.

Moshe’s comment: Does anybody care.

A lawyer for Tiffany & Co. accused eBay Inc. on Tuesday of allowing the sale of tens of thousands of pieces of counterfeit Tiffany jewelry on its Web site; an eBay lawyer responded that Tiffany wasn’t doing its share to protect customers.

The arguments in U.S. District Court in Manhattan came at the start of a trial to decide whether eBay can be blamed for the sales of silver Tiffany knockoffs on its Internet site since 2003.

James B. Swire, Tiffany’s lawyer, said eBay “simply turned a blind eye” to the sales.

Bruce Rich, eBay’s lawyer, said the site has suspended hundreds of thousands of sellers who broke its rules.

He blamed Tiffany for failing to protect its own trademarks by notifying eBay when it spots sales that seem suspicious. Rich said that when companies do so, eBay often stops the sales even before it can check whether they are legitimate.

In a 2004 lawsuit, Tiffany said it notified eBay a year earlier that thousands of pieces of fake silver jewelry were being sold as if they were genuine Tiffany products.

Swire said the company randomly bought 325 items being sold as genuine Tiffany jewelry on eBay’s Web site from among 280,000 listings related to Tiffany products. Of those, 75 percent turned out to be fake, he said.

He said there was no evidence that eBay did anything to stop the false sales after it reported its findings to the company.

Instead, he said, eBay supports sellers, offering marketing assistance that includes conducting seminars on how to grow the online jewelry business.

Rich said eBay spends more than $10 million annually to clean counterfeit merchandise from its site, which carries 6 million postings a day.

He said the company relies on the expertise of more than 14,000 copyright and trademark owners to find counterfeit merchandise.

“It cannot get it done by itself,” Rich said of eBay.

“We never see this merchandise. We don’t turn a blind eye to it,” he said. “We turn people over to law enforcement all the time.”

He said eBay’s success relies on creating a safe and friendly business.

“There are a lot of bad guys out there and eBay spends an enormous amount of money trying to keep up with it,” Rich said.