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Report: International Diamond and Gold closing doors

May 01, 2009

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Columbus, Ohio--Multi-store jeweler International Diamond and Gold is the latest retailer to fall victim to the recession, announcing that it will be closing all eight of its locations, an unidentified employee confirmed to National Jeweler.

According to news source Columbus Business First, the Columbus, Ohio-based retail jeweler is being closed down after it was put into receivership on April 27 at the request of Huntington National Bank.

Eight of the company's stores--four that operate in the Central Ohio area as IDG Jewelers and four that operate in Seattle as International Jewelers--will be liquidated perhaps as soon as this week, owner Uziel Haimoff confirmed to Columbus Business First.

Haimoff started a diamond wholesale company and jewelry manufacturing facility in New York in 1975 and opened the first International Diamond and Gold store in 1985 in Columbus. A few years later, he opened the International Jewelers stores in Seattle.
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