Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.
Circa buys online seller of pre-owned luxury goods
Circa, a New York-based buyer of fine jewelry and watches, said Thursday that it has acquired Portero.com, an online retailer of authenticated, previously owned luxury items including fine jewelry.
Portero, which was owned by private equity firm LFE Capital, has moved from its offices, located on Madison Avenue between 39th and 40th streets, into Circa headquarters, which are located farther uptown on Madison, between 48th and 49th streets.
The website’s day-to-day operations are run by Alexis Clarbour, who reports to Circa and Portero Chief Operating and Chief Financial Officer Jayne Conway, who is running both companies. Circa currently has no official CEO following the departure of interim CEO Mary Forte, the former head of Zale, in January.
Portero has a dozen employees and Circa said it is keeping all of them.
In the spring, both companies plan to re-launch their websites with more content and cross-promotional shopping opportunities for consumers, including curated boutiques on Portero.com. In April, for example, there’ll be a Mother’s Day boutique on the site with estate jewelry and vintage Hermès handbags. A bridal boutique is scheduled to go up in May featuring vintage engagement rings.
Circa was established in 2001 and buys pre-owned jewelry, loose diamonds and watches at its 14 offices worldwide, including New York, Hong Kong, Beverly Hills, and Barcelona, Spain. Circa is backed by Winona Capital Management LLC, which sunk $13 million into the company in 2011.
Portero.com launched in 2004 and is based in New York City.
The Latest
PGI partnered with four new and seven returning designers for its annual platinum capsule collection.
Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
Tim Schlick has been promoted from his previous position as COO.
It’s the second year for the event, slated to take place in October in Toronto.
Supplier Spotlight Sponsored by GIA
Sales will be paused while the relocation takes place over the next few months.
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
The retailer is moving to a newly designed space in the same shopping center.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.