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« Nostalgia | Up a level | Anti-Leech »

November 24, 2002

Article on De Beers store opening

Taipei Times reports
When the doors do open -- the plan now is for a Dec. 3 debut, 10 days late but still in time for the main holiday shopping rush -- the store will offer diamond items ranging from US$750 trinkets to -- theoretically at least -- the 203-carat De Beers Millennium Star, which was the object of a failed November 2000 robbery at London's Millennium Dome. Lorenzo said the stone was worth "several dozens of millions of dollars" and is not kept at the store. The London store is meant to be the forerunner of a chain that would include a New York store on the corner of Fifth Avenue and 55th Street, which the company hopes to open in 2004. The US accounts for half the world's US$60 billion in sales of cut and polished diamonds, but it is also problematic for the parent company, De Beers, because of a variety of antitrust investigations that preclude it from openly doing business there.

Posted by GilbertZ at 03:06 AM | TrackBack




Comments:

In 1976 I purchased a diamond wedding ring at one of your De Beers stores located here in los angeles california. I would like to purchase the same kind of quality diamond ring remount at this time, but I can not locate one of your stores here in Los Angeles, California please help.....

Thank you

maymaymaybaker@aol.com

Posted by: Mayedean Turner on January 10, 2003 01:20 PM

Are there any De Beers Stores in the Los Angeles area. My boyfriend and I are looking to buy my engagement ring there. Please Help.

Posted by: Jennifer Kumpe on July 24, 2003 05:03 PM


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