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Online Jewelry Seller Closes

It stopped taking orders as of Jan. 1.

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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.

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“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.

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If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

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