The fast-casual chain partnered with Anna Sheffield’s Bing Bang NYC brand on a capsule collection and it’s a little “extra.”
Report: KBC Ordered to Return Exelco’s Assets
A court in Antwerp said diamond company Exelco is on track to repay its loans and deemed the seizure unnecessary.
Antwerp--Belgian bank KBC Group NV has been ordered to return what it took from the offices of diamond company Exelco NV, Bloomberg reports.
KBC Group, which is in the process of winding down longtime diamond industry lender Antwerp Diamond Bank, seized assets from Exelco’s offices in June in an effort to recover unpaid loans.
Last Thursday, an Antwerp court ruled that KBC has to return the assets because Exelco is on track to repay its outstanding loans, reported to total about $30 million, by 2020, making the seizure unnecessary, Bloomberg reported late last week.
Exelco, which was founded in 1993 by Leon and Lior Kunstler and master diamond cutter Jean-Paul Tolkowsky, has publicly declined to comment on the matter.
In an email to National Jeweler, KBC confirmed the existence of the dispute but said it does not comment on pending customer issues.
Regarding the continuing wind-down of Antwerp Diamond Bank, which began in late 2014, KBC said it’s a process that will be completed in a “gradual and orderly manner” and that it has no timeline for when the bank will be completely dissolved.
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
A government official said search crews “found the needle in the haystack” when they located the capsule belonging to Rio Tinto along an 870-mile stretch of road.
De Beers is sharing over 130 years of experience and expertise through the De Beers Institute of Diamonds with a selection of courses.
The IJO also welcomed one new vendor member to its 13-member board, Brecken Farnsworth of Parlé Jewelry Designs.
It begins with a “t” and ends with a “c” and is imbued with warmth and positivity, Peter Smith writes.
The tiny capsule, which is believed to have fallen out of a truck, was lost somewhere along an 870-mile stretch of desert road.
The jeweler’s expansion plans include 20 to 30 more stores in North America and the Middle East over the next two to three years.
The NRF’s annual survey shows that consumer attitudes about how, or even whether, to celebrate Feb. 14 continue to evolve.
Executives from Fred Meyer Jewelers and Riddles Jewelers have filled the roles.
The trend forecaster and her guests explored unconventional jewelry designs, NFTs, AI art, and more during her Trendvision presentation.
The Emerging Designers Diamond Initiative provides diamond credit and mentorship to young brands helmed by BIPOC designers.