【Newport Beac】Robbery, Fraud, and Scandal: The Collapse of Lugano Diamonds
Editor’s NoteThis article details the complex legal and financial troubles surrounding Lugano Diamonds, once a star investment, and the disputed…
Bankruptcy
【Paris, Franc】Claire’s: Two Bidders for Fashion Jewelry Retailer in France
Editor’s NoteTwo companies have submitted takeover bids for the French operations of the affordable jewelry brand Claire’s, which entered…
【France】Courbet, the World’s First Eco-Jewelry Brand Backed by Chanel, Enters Liquidation and Receives Three Acquisition Offers
Editor’s NoteThis article reports on the bankruptcy and liquidation of French jewelry brand Courbet, as declared by a commercial court on May 20. It…
【Austria】€8 Million: René Benko’s Luxury Gifts to His Wife Nathalie
Editor’s NoteThis article examines the lavish lifestyle and reported financial pressures of Signa founder René Benko, contrasting his history of…
【New York, US】U.S. Department Store Giant Saks Global Completes Acquisition of Neiman Marcus for Approximately $2.7 Billion
Editor’s NoteThis article reports on the completion of Saks Global’s $2.7 billion acquisition of Neiman Marcus, a major consolidation in the U.S….
【Antwerp, Bel】Indian-owned Antwerp Diamond Firm Goes Bankrupt
Editor’s NoteThis article highlights a significant bankruptcy in Antwerp’s diamond sector, underscoring the severe financial pressures facing the…
【Antwerp, Bel】Belgian Office of Russian Diamond Giant Alrosa Goes Bankrupt
Editor’s NoteThis report details the closure of Alrosa’s Belgian office due to expanded EU sanctions, highlighting its immediate impact on the…
【South Korea】Popularity of ‘Lab-Grown Diamonds’ Leads to Company Bankruptcies… Warning on ‘Low-Price Offensive’
Editor’s NoteThe burgeoning market for lab-grown diamonds is reshaping the luxury sector, offering high-quality alternatives at a fraction of the…