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As Kay Jewelers, Zales, and Jared stores were forced to temporarily close across the country, many customers were left without the jewelry they had brought in to locations for repair. Since ...
In 2012, Signet acquired ULTRA Diamonds [8] and converted most of ULTRA stores to Jared Vault & Kay Jewelers Outlets. [9] In February 2014, Signet Jewelers Ltd. agreed to buy Zale Corporation, with Zale shareholders receiving USD$21 a share in cash in USD$1.4 billion deal. [10] This merger created a $6.2 billion firm. [10]
A Zales store on the second floor of the Lehigh Valley Mall in Whitehall Township, Pennsylvania, October 2020. The Zale Corporation (best known as Zales) is an American jewelry retailer, incorporated in Delaware in 1993. The principal executive offices are located in Coppell, Texas. [4]
The most common setting for engagement rings is the solitaire prong setting, which was popularized by Tiffany & Co. in 1886 and its six-claw prong setting design sold under the "Tiffany setting" trademark. The modern favorite cut for an engagement ring is the brilliant cut, which provides the maximum amount of sparkle to the gemstone. [46]
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Mark C. Vadon, then a management consultant at Bain & Company, purchased a diamond engagement ring from the site in 1998. [3] In 1999, Vadon raised $6 million to purchase 85% of the company and improve the website. [3] The company's name was changed to Blue Nile in November 1999. [4] During the next year, the company raised an additional $44 ...
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