Headlines

Online Jewelry Seller Closes

It stopped taking orders as of Jan. 1.

Published

5 years ago

January 5, 2019

INSTORE Staff

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.

Jimmy Degroot

The Business of Jewelry Podcast Special Edition (Part 2)

Jimmy Degroot

The Business of Jewelry Podcast Special Edition

Jimmy Degroot

Video: Why Jewelry Retailers Need to Do Outreach

“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.”

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.

Related Topics: Ecommerce Latest News Top

click to Comment(Comment)

Up Next

Jeweler Who Shot Teen in Head After Robbery Won’t Be Charged, Attorney General Says

Don't Miss

Lab-Grown Diamond Company Acquired

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”