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Dalumi Group Buys Online Jeweler Zoara
Nov 9, 2016 10:00 AM
By Rapaport News
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RAPAPORT... Israel-based diamond manufacturer The Dalumi
Group acquired online diamond and jewelry retailer Zoara.com.
The deal gives Zoara direct access to wholesale suppliers
and repositions the site as a “leading” jewelry ecommerce platform, said
Dalumi, a De Beers sightholder.
Zoara sells loose diamonds, diamond engagements rings and
diamond jewelry in more than 40 countries worldwide and will unveil an updated
product catalog of more than 200,000 loose stones.
“Dalumi’s involvement in the international diamond markets
spans rough diamond sourcing, manufacturing and distribution, to marketing and
even branded lines,” said Tomer Tzach, Zoara’s chief executive office. “This
expansive operation will contribute to optimizing Zoara’s sourcing and
production.”
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Tags:
Dalumi, Dalumi Group, De Beers, ecommerce, Israel, online retail, Rapaport News, retail, Sightholders, Zoara, Zoara.com
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