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ULTRA Diamonds was a seller of fine jewelry in factory outlet and value centers in the United States. ULTRA was a manufacturer as well as a direct importer of diamonds, gemstones, and gold jewelry. At one point, Ultra operated over 100 stores in outlet centers and 38 other format locations (primarily licensed jewelry departments).
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]
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Shane Company filed for Chapter 11 bankruptcy on January 12, 2009 [3] and closed three locations in Orlando, Florida; Morrow, Georgia; and Tukwila, Washington, on February 15, 2009. [ 4 ] [ 5 ] On August 11, 2010, Shane Co. filed a Plan of Reorganization [ 6 ] to repay 100% of all debts, placing debts to Tom Shane as the lowest priority.
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Number of locations. 200+ stores (2017) [1] [2 ... Jewelry: Parent: Berkshire Hathaway: Website: www.helzberg.com: Helzberg Diamonds is a jewelry retailer founded in ...
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