Doris Panos files for Chapter 11
Central Islip, N.Y.--Award-winning jewelry manufacturer Doris Panos Designs has filed for Chapter 11 bankruptcy protection, joining a growing line of jewelry manufacturers and retailers forced into...
Bulgari forecasts first quarterly loss since 1999
Rome--Bulgari SpA is expecting a first-quarter loss for 2009, a decline that, if proven true, would make it the first such quarterly loss for the company since 1999, a spokesman for the brand has...
Ultra Stores files Chapter 11
New York--Ultra Stores Inc., which operates Ultra Diamonds and the fine-jewelry departments in several off-price department stores, filed for Chapter 11 bankruptcy protection on Thursday.
Tiffany moderating, but not stopping, growth in '09
New York--Iconic jeweler Tiffany and Co. plans to open 13 stores this year despite bleary economic conditions, its latest filing with the Securities and Exchange Commission (SEC) shows.
Fortunoff confirms it may file for Chapter 11
New York--Fortunoff Fine Jewelry and Silverware LLC is "considering" filing for Chapter 11 bankruptcy protection, company spokeswoman Arlene Putterman confirmed to National Jeweler on Wednesday.
Shane Co. files for Chapter 11
Denver--Centennial, Colo.-based jewelry chain Shane Co. filed for Chapter 11 bankruptcy protection earlier this week, becoming the latest industry member to experience financial woes amid the economic...
MJSA elects new chairman, directors
Providence, R.I.--Manufacturing Jewelers and Suppliers of America (MJSA) welcomed a new chairman and elected several new members to its board of directors at its 105th annual meeting on Dec. 8.
Lenox files for Chapter 11
Eden Prairie, Minn.--Tabletop, giftware and collectibles company Lenox Group Inc. has filed a voluntary petition for Chapter 11 bankruptcy protection, with the ultimate goal of selling the business.
Tiffany's 3Q sales drop
New York--Weak U.S. sales led to a 1 percent drop in overall sales and a 7 percent drop in same-store sales for Tiffany and Co. for the third quarter, and the retailer says it is planning to cut...
Robbins Bros. files Chapter 11, sells stores
California-based jewelry chain Robbins Bros. Corp. filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest major jewelry retailer to fall prey to the economic crisis.
Cash-crunched Fortunoff files for Chapter 11
Westbury, N.Y.--Fortunoff Fine Jewelry and Silverware LLC has filed for Chapter 11 bankruptcy protection, citing the same dismal economic conditions afflicting retailers worldwide as well as a "severe...
Mary L. Johnson
Mary Johnson has a doctorate in mineralogy and crystallography and is a former research and development manager at the Gemological Institute of America.
Saks December sales down 19.8 percent
New York--Same-store sales at Saks Inc. decreased 19.8 percent for the five weeks ended Jan. 3, and owned sales decreased 18.9 percent to $363.3 million, compared with $447.7 million for the same...
Filene's Basement files for Chapter 11
Filene's Basement filed for Chapter 11 of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
Zale CFO Carter resigns, Gordon in interim role
Dallas--Zale Corp. announced on Tuesday that Chief Financial Officer Rodney Carter has left the company, effective immediately.
Easter give slight boost to April sales
New York--Overall U.S. chain store sales increased 0.7 percent last month, due primarily to a shift in the Easter holiday from March to April this year, according to the latest study from the...
'The Source' to close its doors
New York--Sometime around the end of May, New York will say goodbye to yet another piece of its storied retail history.
Court approves Christian Bernard liquidation sale
Secaucus, N.J.--A court has approved a plan for the complete liquidation of bankrupt Christian Bernard Stores Corp.'s assets, according to a media release issued on Friday.
Birks and Mayors cuts staff by 15 percent
Montreal--Chain retail jeweler Birks and Mayors eliminated 73 positions on April 30, and has reduced its workforce by a total of 150 since the beginning of the year, a filing with the Securities and...
Revenues slide 58 percent at Sotheby's
New York--Revenues fell 58 percent in the first quarter for international auction house Sotheby's.