Business Comings and Goings

Speidel Files for Bankruptcy

Speidel, a 105-year-old seller of watchbands, filed for bankruptcy. The Cranston, R.I.-based jeweler has had several owners over the past century, most recently Frederick Levinger, who came out of retirement to acquire Speidel two years ago.

However, the economic downturn derailed Levinger’s plans, said his attorney, Stephen Carlotti. “It’s the nature of the beast right now,” [...]

Business Comings and Goings

Robbins Brothers Begins Fresh Start

Retailer Robbins Brothers completed the sale of its assets to a new legal entity called Robbins Brothers Jewelry. The court-approved sale enabled the Robbins Brothers chain in California and Texas to continue operations after emerging from Chapter 11 reorganization. The chain sold off some Texas stores and certain assets in Illinois to Spence Diamonds during [...]

Business Comings and Goings

Longtime Brooklyn Jeweler Closes

Carroll Gardens Jewelers, a Brooklyn-based jewelry store, has closed up shop after 28 years. The location at 306 Court St. was known for many years as Casale Jewelers. When the owner retired two years ago, two employees took over the business and renamed it Carroll Gardens Jewelers.

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Business Comings and Goings

Jewelry Designers Michael Beaudry, Henry Dunay File for Chapter 11

Jewelry designer Michael Beaudry Inc. and Henry Dunay Designs Inc. have filed for Chapter 11 bankruptcy protection. The filings came within two weeks of each other.

Los Angeles-based Michael Beaudry  designs hand-crafted jewelry. Beaudry’s clientele includes Beyonce, Katherine Heigl and “Gossip Girl’s” queen of bling Michelle Trachtenberg

Among the largest unsecured industry creditors, Michael Beaudry lists: Olympic [...]

On the street

An Edison, N.J., jewelry store owner was killed in what police are calling a possible cyanide-related death. The owner of the Aabhushan Family Jewelers, identified as 46-year-old Sushil Bhalla, was found dead June 15 Monday after police received reports of a chemical release. Police found a container with 4 to 5 ounces of cyanide in a [...]