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Costco sued over diamond engagement rings

BY Alaric DeArment

NEW YORK — Jewelry maker Tiffany & Co. is suing Costco Wholesale, alleging that the club retailer falsely marketed diamond engagement rings as coming from the New York-based jeweler, according to published reports.

News media reported that Tiffany filed suit against Issaquah, Wash.-based Costco in the Federal District Court in Manhattan.

Tiffany said in its lawsuit that it found Costco salespeople sold rings as Tiffany in the stores, but not online, but that the jeweler had never sold its jewelry through the retailer, though Costco does sell jewelry from other high-end suppliers such as Cartier.

According to reports, Costco had not commented on the matter at press time.


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Views of economy improve, but gloom persists, Nielsen study finds

BY Alaric DeArment

NEW YORK — More than half of consumers around the world say the world is in an economic recession, according to a new study by Nielsen.

According to the Nielsen Global Survey of Consumer Confidence and Spending Intentions, 71% of North Americans said they were in a recession in the fourth-quarter of 2012, but this represented a drop in 15 percentage points from the fourth-quarter of 2011, representing the largest drop in negative sentiments about the economy of any area.

"North America is slowly, but steadily heading in the right direction," said Venkatesh Bala, chief economist at Nielsen’s Cambridge Group division. "Compared with a year ago, North America showed progress toward recovery with a six-point year-on-year consumer confidence increase, driven mainly by a three-point increase in a positive job outlook, up from 37% in [fourth-quarter] 2011 to 40% in [fourth-quarter] 2012. With continued weakness in Europe and uneven growth in Asia, it may well be that with a brighter job market, the U.S. serves as the critical engine of improved global economic activity in 2013."

Nevertheless, while sentiments in North America had seen significant improvement, bad feelings about the economy were still lower in Asia and Latin America, with 48% and 50% of respondents in those respective areas saying the economy was in recession; those figures represented declines of four and three percentage points compared with third-quarter 2012, respectively. But Europeans’ view was still dimmer than North Americans’, with 75% saying they were in recession, unchanged since the third-quarter, while 73% of people in the Middle East and Africa said they were in recession, an increase of one percentage point over third-quarter 2012.


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AccentHealth acquires Everwell waiting room television network

BY Michael Johnsen

NEW YORK — AccentHealth on Thursday announced it has purchased the Everwell waiting room television network, a division of MediVista Media. The deal follows AccentHealth’s recent acquisition of Havas Impact’s health panel business, a purchase that doubled AccentHealth’s national footprint. 

“We are pleased to add Everwell’s offices to our waiting room television network,” stated John Curbishley, EVP, business and product development AccentHealth. “We look forward to working with our new physician office partners to introduce AccentHealth’s award winning programming service.” 

“National brand advertisers are increasingly taking advantage of the unique targeting and measurability features of AccentHealth’s networks,” commented Dan Stone, CEO of AccentHealth, “By expanding our national footprint we can become an even more integral part of their media plans.”

Following these two acquisitions, AccentHealth now provides patient education in more than 30,000 locations nationwide, serving over 66,000 medical practitioners and their patients.

MediVista Media will continue to operate its existing Everwell content business producing and distributing health video programming across multiple platforms.


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