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Fortunoff, Luxury Goods Seller, Files for Bankruptcy

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DiamanteBlu

Ideal_Rock
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Jul 12, 2005
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2,501
I found this quote interesting:
“It is clear across the board that the jewelry business is a disaster right now,” said Stacey Widlitz, an analyst at Pali Capital Inc. in New York. “This is just another on the list.”

Here is the link to today''s Bloomberg.com article.
 

Madam Bijoux

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Jul 15, 2005
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They recently moved out of their 5th Avenue space in NY and into a space somewhere on 57th St.

I wonder how many big name jewelers will be left if and when the economy picks up. T & Co. is in trouble too.
 
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