Tuesday, December 20, 2011

Finlay Fine Jewelry - Fine Jewelry in the Department Store

Finlay Fine Jewelry is a fine jewelry retailer. They also run licensed department store fine jewelry departments and fine jewelry stores. At one time they operated a total of 674 locations. These included more than 500 department store jewelers, and more than a hundred stand alone stores. Some of their stand alone stores were known as Bailey Banks & Biddle, Carlyle, and Congress. These operated in as many as 24 states. Finlay was incorporated in 1985 when it was known as SL Holdings Company. In 1988 the name was changed to Finlay. They are based in New York City.
Finlay Fine Jewelry
The best of fine jewelry is offered at Finlay Fine Jewelry. Its stores offer designer jewelry from some of the best designers in the world. They also sell gold. Diamonds are a major part of their collections as are precious gemstones. They have necklaces, earrings, bracelets, and rings of high quality for sale. Watches and timepieces are sold at Finlay as well. Every location has qualified repair technicians to take care of jewelry and watch repairs. They always ensure that the customer is satisfied and goes away with the perfect piece of jewelry for their tastes.
Finlay Fine Jewelry is known as a leader in department store fine jewelry. They are the largest operator of fine jewelry establishments in department stores in America. They led the way in bringing some of the best jewelry to the department store. Fine gold, diamonds, and watches became a part of the department store. Necklaces, bracelets, earrings, and rings of high quality became available at the department store level. Costume jewelry is still available in most department store settings. But Finlay made sure that the real stuff was available as well.
Finlay Fine Jewelry - out of business
In August of 2010, Finlay Fine Jewelry went out of business. They filed Chapter 11 bankruptcy and were ordered, as a result, to liquidate. All of their stand alone stores shut down. The department stores are now managed by other entities. Their presence in at least 38 states ended on August 2. Their fine work in department stores led the way for fine jewelry in seven different department store companies. Over 100 stand alone stores were shut down as well. The bankruptcy left about 9,700 employees out of work. Nearly 25 years of good business came to an end, but their legacy will live on in the department stores that they formerly managed.