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...
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.
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...
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.
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...
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.
'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.
Some jewelers downsize as bankruptcies mount
Multi-store retailer Bernie Robbins Fine Jewelers, which closed its store in Short Hills, N.J., in early December, is one of several retail jewelers downsizing to cut costs in light of the worldwide...
Ultra Stores to close 12 locations
New York--Ultra Stores Inc., the 181-unit chain that filed for Chapter 11 bankruptcy protection last week, will close a dozen underperforming stores in six states and two territories as the chain...
Friedman's unsecured creditors getting more than expected
New York--Bankrupt retail chains Friedman's Inc. and Crescent Jewelers took one more step toward completing their liquidation on Tuesday with the announcement of projected recoveries for their more...
Court approves auction of Fortunoff's assets
New York--A bankruptcy court judge has approved bankrupt retailer Fortunoff Fine Jewelry and Silverware LLC's request to auction off its assets, excluding goods obtained on memo, later this month,...
Colibri auction slated for March 19
Providence, R.I.--An auction for the lines made by The Colibri Group, the Providence R.I.-based jewelry manufacturer shut down due to financial troubles, is scheduled for March 19, National Jeweler...
Henricks Jewelers starts store-closing sales
Bonita Springs, Fla.--Henricks Jewelers in Bonita Springs, Fla., is liquidating its entire inventory after 27 years in business.
Christian Bernard obtains trustee, plans to liquidate
Newark, N.J.--A trustee has been appointed to head bankrupt Christian Bernard Stores Corp., and the chain will move forward with liquidation, according to a news release issued on Friday.
Colibri Group seeks buyers for its brands
Providence, R.I.--Buyers are being sought for all or some of the brands made by struggling jewelry manufacturer the Colibri Group, the attorney in the case told National Jeweler.
Wobbly market drives record Q3 gold demand
London--As Lehman Brothers collapsed and bank fears grew in recent months, investors worldwide seeking safe havens turned to gold, with dollar demand for the metal reaching all-time records in the...
Christian Bernard files for bankruptcy
Christian Bernard Stores Corp. filed for Chapter 7 bankruptcy the day after Christmas, citing falling sales and limited access to credit, court documents show.