Fortunoff, Luxury Goods Seller, Files for Bankruptcy

[DiamanteBlu]

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]

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.