NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
Diamonds Direct Acquires 4 More Stores
The Charlotte-based jewelry retailer now has a total of 14 locations.
Charlotte, N.C.--Diamonds Direct has acquired both Distinctive Diamonds and Global Diamonds, giving the Charlotte-based jewelry retail chain a total of 14 locations.
Headed by President and co-owner Eli Benisty, Distinctive Diamonds opened its first store in Indianapolis in 2002 and its second store in St. Louis in 2015.
Its sister company, Global Diamonds, has stores in Jacksonville, Florida and Salt Lake City, which opened in 2014 and 2016, respectively.
All four stores will continue to operate under their current brand names, for now: Distinctive Diamonds in Indianapolis and St. Louis and Global Diamonds in Jacksonville and Salt Lake.
The staff at all four stores will be merging with employees of Diamonds Direct, with an immediate focus on “adopting the Diamonds Direct way,” the company said.
The acquisition of Distinctive Diamonds and Global Diamonds comes less than a year after the company announced that it was buying Dallas retailer Diamond Doctor, which now operates as a Diamonds Direct store.
Diamonds Direct ranked No. 44 on National Jeweler’s 2016 list of North America’s largest 50 jewelry retailers, which is based on store count as of the end of 2015.
Diamonds Direct had nine stores then. With these latest acquisitions, the company now has a total of 14, which would place it at No. 40 on the list.
The chain, which was founded in 1995, is headed by President Itay Berger.
The Latest
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.
The limited-edition men’s rings can be customized with one of 12 team logos.
There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
The program, now live in Europe, will roll out to the U.S. this summer.
Colored gemstones and signed jewels are the focus of its upcoming Geneva sale.