Zoara, an online diamond and jewelry retailer belonging to the Israel-based Dalumi Group, has closed.
The company made the announcement on its website. It said it was no longer taking orders as of Jan. 1.
“All currently outstanding orders will be completed within the next few days and shipped out accordingly,” the company stated.
The announcement continued, “It was our honor to provide you with outstanding diamonds and fine jewelry to celebrate the important moments of life. Thank you for all your interest over the years, and we wish you all the best.”
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Zoara was acquired by Dalumi, a De Beers sightholder, in 2016.
At the time it was reported that the company, which focused on loose diamonds, diamond engagement rings and diamond jewelry, had sales in over 40 countries.