TrendsOct 31, 2025
Piece of the Week: A Spinner Fit for ‘Frankenstein’This “Mother Father” spinner necklace from Heavenly Vices Fine Jewelry draws inspiration from Victorian Era jewelry.
MajorsNov 09, 2016
Bidz.com is back in business
After purchasing Bidz.com's intellectual property, a team that includes the former CEO's daughter is giving the auction site a second try.
Los Angeles-- After purchasing Bidz.com's intellectual property, a team that includes the former CEO's daughter is giving the auction site a second try.
The new Bidz.com, which was redesigned to be cleaner and more image-driven, functions the same as it did prior to its liquidation--it offers closeout jewelry, watches and select other accessories in an online auction format.
Danielle Zilberg, who also worked with Bidz.com before and helped put the new management team together, said that they have partnered with many of the same vendors to establish the inventory on the site and also have been building new vendor connections as well.
“It was important to us to restart the company and redeem ourselves,” she said. “We are passionate about closeout jewelry and watches, and we believe that everyone should have access to the finer things without the cost. If they loved us once, they’ll love us twice.”
In June 2014, a group of six suppliers and manufacturers owed a total of $1.3 million from Bidz.com filed a Chapter 7 (involuntary) bankruptcy petition against the company in U.S. Bankruptcy Court in Delaware.
Two weeks later, interim CEO Evan Warshawsky filed a declaration in response saying that the company had ceased sales as of June 12 and had already begun liquidating.
On Aug. 19, U.S. Bankruptcy Judge Kevin J. Carey signed an order dismissing the Chapter 7 case, court records show. Insolvency Services Group Inc. was named the assignee in charge of dissolving the company.
Overstock.com purchased Bidz.com’s inventory, estimated to be worth more than $89 million at retail, and launched its Jewelry Liquidation Vault with it.
Hilco Streambank, a firm that specializes in selling intellectual property, was retained to sell Bidz.com’s intellectual property, meaning its name, customer list, domain and software. Hilco announced the sale via auction of the Bidz.com Inc. trademarks, domain names (including both Bidz.com and Buyz.com), and customer data base on Sept. 2.
On Dec. 8, people associated with the original Bidz.com team bought back the site’s IP. They relaunched it the last week of January under new management, which includes Zilberg, as well as Daniella Zinberg, the daughter of former Bidz CEO David Zinberg. Zilberg said David Zinberg serves as an advisor to the current Bidz.com team.
She told National Jeweler that the company, which is headquartered in the St. Vincent Jewelry Center in downtown L.A., is even more focused on watches
and jewelry than before, as it did not buy back clothing and accessories site Modnique.com, which instead was purchased by TorreyCommerce as the IP sales were done separately.
Additionally, the company did not bring back Buyz.com, its fixed-price site. “We are bringing back Bidz at full force and focusing all of our attention on this business. Buying back Monique, and/or restarting Buyz.com would have deviated us from this goal,” Zilberg said.
--Editor-in-Chief Michelle Graff contributed to this report.
More on Majors
The Latest
CrimeOct 31, 2025
5 More Arrested in Louvre Heist, Jewelry Still Missing The suspects were rounded up in Paris and its suburbs on Wednesday night, but none of the stolen jewels were recovered with them.
Recorded WebinarsOct 31, 2025
Watch: How to Master Google Reviews for Your BusinessExperts share top tips on how to encourage positive reviews and handle negative feedback.
Supplier BulletinOct 30, 2025
Protect Your Customers and Your BusinessSponsored by the Gemological Institute of America
Weekly QuizOct 30, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeOct 30, 2025
29-Year-Old Man Charged in Multiple Seattle-Area Smash and Grabs The suspect faces charges in the August robbery of Menashe & Sons Jewelers and is accused of committing smash and grabs at two pawn shops.
Lab-GrownOct 30, 2025
Alison Lou’s New Collection Uses Lab-Grown Diamonds and ResinThe “Lumière Fine” collection was born from designer Alison Chemla’s interest in the transformative power of light.
Brought to you by
DESERT DIAMONDS: The Newest Trend in Natural Diamond JewelryFrom sunlit whites to smoky whiskeys, introduce your clients to extraordinary diamonds in colors as unique as their love.
TrendsOct 30, 2025
Amanda’s Style File: A Haunted HalloweenShow off your spooky side with these 12 festive jewels.
Events & AwardsOct 30, 2025
Jewelers Mutual to Host Jewelry Panel at Frazier History MuseumThe “Brilliant & Beyond” panel coincides with the “Love & Marriage” exhibition curated by Davis Jewelers in Louisville, Kentucky.
Events & AwardsOct 29, 2025
October Brings Little Change to Consumer Confidence Consumers are feeling more optimistic about their present situation while the short-term future remains a little scary.
Events & AwardsOct 29, 2025
Couture Partners With Time to WatchesThe company, which organizes a watch show in Geneva every spring, will bring a selection of watch brands to the 2026 Couture show in Vegas.
TrendsOct 29, 2025
Beth Bernstein Releases Vintage Jewelry Guide“The Modern Guide to Vintage Jewellery” follows the evolution of jewelry design from the ‘30s to the ‘80s with buying and styling advice.
EditorsOct 29, 2025
Why Creepy, Crawly Bugs Inspire Beautiful JewelryFor her annual Halloween story, Senior Editor Lenore Fedow explores the symbolism behind spiders, beetles, and other eerie insects.
Events & AwardsOct 28, 2025
Meet the 2026 Gem Award NomineesNotable jewelry designers, members of the press, and retailers are up for an award at next year’s gala.
Recorded WebinarsOct 28, 2025
Watch: The State of the Jewelry Industry Leaders from Jewelers of America and National Jeweler discuss the gold price, tariffs, and more in this one-hour webinar.
CollectionsOct 28, 2025
Eriness Reflects on Life in ‘One of One’ CollectionAfter experiencing motherhood, growth, and loss, founder and designer Erin Sachse has created 10 irreplaceable jewels.
AuctionsOct 27, 2025
Napoleon Left This Brooch Behind, And Now It’s Up For AuctionIt is part of Sotheby’s “Royal & Noble Jewels” sale along with an ornate hair ornament and an old mine-cut light pink diamond ring.
CrimeOct 27, 2025
Arrests Made in Louvre Jewel Heist One of the individuals was apprehended at the airport as he was trying to flee the country.
Events & AwardsOct 27, 2025
Hill Management Group Hired to Help Atlanta Jewelry ShowHill Management Group will oversee, market, and produce next year’s spring show.
AuctionsOct 24, 2025
Bonhams Under New Ownership, Top Executives ReplacedLondon-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
GradingOct 24, 2025
DMIA to Hold Diamond Testing Instrument DemoThe workshop will give attendees the chance to try out and ask questions about three different diamond verification instruments.
CrimeOct 24, 2025
Video Emerges of Louvre Jewelry Robbers Fleeing the Scene The footage shows two of the jewelry heist suspects descending from the second floor of the museum and then escaping via scooter.
CollectionsOct 24, 2025
Piece of the Week: Wyld Box Jewelry’s ‘Ray of Light’ EarringsFounder and designer Rosanna Fiedler looked to a vintage Cartier clutch when designing the sunlight-inspired drop earrings.
FinancialsOct 23, 2025
Jewelry Sales Resilient Despite Struggles at LVMH, KeringThe luxury conglomerates faced a challenging Q3 amid geopolitical and economic tensions.
SourcingOct 23, 2025
Petra Diamonds Turns to Shareholders to Raise Capital The struggling diamond mining company, which owns the historic Cullinan mine, has launched a rights issue to raise about $25 million.
WatchesOct 23, 2025
‘Million Dollar Hip Hop Watches’ Recounts Watch HistoryThe book details the journey of watches as symbols of hard-earned success in hip-hop for artists like 2Pac, Jay-Z, and more.
