Gomez’s jewelry included Tiffany & Co. drop-style earrings while Blanco stacked diamonds from Jacob & Co. on his wrist.
Charming Charlie Exits Chapter 11
The chain of costume jewelry stores has a new management team and smaller footprint.
Wilmington, Del.—Charming Charlie, the Houston-based chain of costume jewelry stores, is no longer bankrupt.
The company announced it has completed its financial restructuring and emerged from Chapter 11. It said its court-confirmed reorganization plan went into effect on Tuesday (April 24).
The retailer filed for Chapter 11 bankruptcy protection in December, at which time it entered into a restructuring agreement with most of its lenders.
It also announced at the time the launch of a “back-to-basics” strategy—shuttering stores that weren’t doing well in the United States, closing its Los Angeles office and cutting staff at its corporate headquarters and distribution center in Houston.
Under the reorganization plan, lenders took over most ownership in the company, with the majority equity holder being THL Credit.
The company’s reorganization was preceded by the appointment of Lana Krauter as CEO in the fall after founder Charlie Chanaratsopon stepped down.
In total, the company has closed about 100 locations, leaving it with 264 stores.
Now, Charming Charlie said it has exited Chapter 11 with “a substantially improved financial position and a sustainable capital structure” to support its strategy.
“Today marks a fresh start for Charming Charlie as we emerge as a stronger, more focused organization that is better positioned to serve customers in our 264 stores across the country,” Krauter said in a press release.
“I want to thank our employees at Charming Charlie for their dedication and focus as they continue to drive our success. We are also grateful for the support of our valued customers and vendors, and look forward to working together well into the future.”
The Latest

Diamond industry banking veteran Paul De Wachter will take on the role in January 2026.

Taylor Swift flaunts an Elizabeth Taylor-esque gemstone in promo for her new album, “The Life of a Showgirl.”

Its “Quantre Sand” capsule was made using a 3D sand printing technique borrowed from the automotive and aeronautics industries.


Four individuals have been charged in the “takeover-style” robbery of Heller Jewelers last month, and additional charges are expected.

The month’s birthstones, tourmaline and opal, complement the palette of autumn.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

Smith shares the importance of looking at your company with openness and honesty to identify opportunities you may be missing.

Associate Editor Natalie Francisco visited Italy to spot jewelry trends at the September Vicenzaoro show and share her top finds.

Respondents were concerned about job availability and rising prices.

Its latest interim financials revealed a challenging first half due in part to production troubles at its mines.

Two men allegedly used counterfeit bills to purchase luxury watches and jewelry from a North Carolina jeweler.

The “Lovestruck” collection, designed with the Academy and Grammy award-winning siblings, is the brand’s first lab-grown diamond offering.

The brand, celebrating its 15th anniversary, has popped up at Market, a luxury fashion destination in Highland Park Village.

She was remembered as a creative and generous woman of faith, who also had a sweet tooth.

Move over neck mess, the ear story is the way to make a layering statement today.

The New York-based brand is set to launch a limited-time offering for the holiday season at Holt Renfrew in Toronto.

The “Volume 7” bridal catalog features best-selling engagement rings, trending styles, and a new section highlighting anniversary bands.

Holiday sales growth is expected to slow as consumers grapple with inflation and tariff-related uncertainty.

Jamie Turner Designs is among the winners of the local “Austin Shines” contest, hosted by Eliza Page, a jewelry store in Austin, Texas.

The red and azure colorway is one of many fun enamel pairings offered, bringing whimsy to the classic style of a monogramed signet ring.

A trade deal with Switzerland seems probable, but reaching an agreement with India remains a challenge, David Bonaparte said.

Botswana’s president said his country wants a controlling share, while Angola envisions multiple countries holding minority stakes.

The manufacturer is adding 1,400 chemical vapor deposition (CVD) reactors to its growing facility in India.

The jeweler to the stars has worked with Drake, A$AP Rocky, Tyler the Creator, and other celebrities.

The Scarsdale, New York-based jeweler donated a professional-grade watch cleaning machine.