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Store in NY diamond district
Jewelry Trade Shrinks 4% in First Quarter
The number of jewelry businesses operating in the US fell 4.2% year on year to 24,280 in the first quarter as exits
News Apr 20, 2020 Rapaport News
IIJS Signature 2020
India Eases Trade’s Financial Burden
India’s government has approved concessions to ease the financial situation for diamond and jewelry businesses after
News Mar 25, 2020 Rapaport News
Bailey Banks & Biddle store Houston Texas
Bailey Banks & Biddle Files for Chapter 11
The parent company of Bailey Banks & Biddle, which claims to be the US’s oldest nationwide jeweler, has
News Nov 11, 2019 Rapaport News
A polished diamond under inspection
Eurostar Diamond Traders Close to Bankruptcy
Eurostar Diamond Traders could be forced to file for bankruptcy soon, after a Belgian court rejected its reorganization
News Mar 12, 2019 Rapaport News
Bharat Diamond Bourse
India Cracks Down on Bankrupt Diamantaires
Indian industry bodies are stepping up measures to prevent owners of bankrupt diamond companies from starting a new business
News Jan 14, 2019 Rapaport News
Sears
Rosy Blue Objects to Sears Sell-Off Plan
Rosy Blue and Vijay Gold Designs have challenged Sears Holdings Corp.’s store-liquidation plans, claiming that
News Oct 24, 2018 Rapaport News
Nirav Modi
US Firms Aided $4B Modi Fraud, Probe Finds
Nirav Modi’s US jewelry businesses were directly involved in the Indian fugitive’s alleged billion-dollar bank fraud, a court
News Aug 28, 2018 Joshua Freedman
Jewelry 150
133 Jewelers Join Sector in First Half
The number of new jewelry businesses in the US jumped 87% in the first half of the year, even as the
News Jul 19, 2018 Rapaport News
A Jaffe 150
US Court Stalls $8M Sale of A. Jaffe
The sale of A. Jaffe’s assets to Parag Diamonds is off for the time being. The “sale motion” — a proposal
News May 24, 2018 Rapaport News
Firestar
Parag Buys A. Jaffe’s Assets at Auction
A US court has named Parag Diamonds as the successful bidder for the assets of A. Jaffe, one of Nirav Modi’s
News May 09, 2018 Rapaport News
A.Jaffe jewelry
Firestar Chief Speaks Out on Nirav Modi Crisis
Firestar Diamond and its affiliates reported significant interest from companies looking to buy their operations, after
News Mar 04, 2018 Rapaport News
Polished Diamonds
Court Dismisses Exelco’s Chapter 11 Case
A federal judge dismissed Exelco’s Chapter 11 filing in Delaware Bankruptcy Court, documents showed. Exelco, an Antwerp-based diamond manufacturer
News Dec 25, 2017 Rapaport News
KBC Bank
KBC Questions Exelco’s US Bankruptcy Move
KBC Bank has sought to prevent Exelco NV from continuing Chapter 11 bankruptcy proceedings in the US, claiming that
News Nov 01, 2017 Rapaport News
Antwerp
Exelco Seeks Chapter 11 Protection in US
Antwerp-based diamond company Exelco NV has sought Chapter 11 bankruptcy protection in the US, listing estimated liabilities of $50
News Oct 02, 2017 Rapaport News
Bharat Diamond Bourse
India Focuses on Fighting Fraud
India has beefed up its diamond disciplinary capabilities to put a stop to bankrupt traders setting up new companies to escape
News Jan 05, 2017 Joshua Freedman
true north gems
True North Gems Greenland Files for Bankruptcy
True North Gems’ Greenland subsidiary True North Gems Greenland A/S (TNGG) has initiated voluntary bankruptcy
News Sep 08, 2016 Rapaport News
jbt
Jewelers Exiting U.S. Trade Soars in 1Q
U.S. jewelry business discontinuances surged 35 percent in the first quarter, according to data released by the Jewelers Board
News May 01, 2016 Rapaport News
Hong Kong
HK, Bangkok Jewelry Firm Goes Bust
A diamond jewelry firm in Hong Kong and Bangkok has gone bankrupt and defaulted on $54 million (Rs
News Oct 11, 2015 Rapaport News
Bankruptcy
Fletcher’s Jewelers Parent Company Seeks Bankruptcy Protection
USA Discounters Ltd., parent company of Fletcher’s Jewelers, filed for bankruptcy protection and plans to wind down
News Aug 26, 2015 Rapaport News
Bankruptcy
California's Romano's Jewelers Shutters Stores in Bankruptcy, Owes $58M
Several Romano’s Jewelers locations across Southern California, including three in San Diego County, have recently closed
News Aug 20, 2015 Rapaport News
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