Question: Who owns Diamond Direct?

Diamonds Direct is currently owned by private-equity firm Blackstone Group (NYSE: BX), which purchased the company in 2015 for an undisclosed amount. Diamonds Direct was founded in 1995 in Charlotte. It now has 22 locations in 13 states, as well as an online presence.

How much did Blackstone pay for diamonds direct?

The owner of Kay Jewelers and Zales agreed to buy Diamonds Direct USA Inc. from Blackstone Inc. and other shareholders for $490 million, betting on a robust return of the U.S. bridal business as pandemic restrictions subside.

Did Signet buy diamonds direct?

Signet Jewelers agreed to buy Diamonds Direct USA for $490 million in cash. Signet, which owns jewelry chains Kay Jewelers, Zales and Jared, also hiked its outlook for the fiscal third quarter and for the year.

How long has diamonds direct been in business?

About Diamonds Direct

In 1995, the first Diamonds Direct opened in Charlotte, N.C. eliminating the middleman and selling diamonds directly to the end customer from the manufacturing facility in Israel.

How much do diamonds direct employees make?

How much do people at Diamonds Direct get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Diamonds Direct is $113,808, or $54 per hour, while the estimated median salary is $116,999, or $56 per hour.

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How many stores does Diamond Direct have?

Diamonds Direct has 22 stores across the country, including four in the Carolinas — in Charlotte, Charleston, Greenville, S.C., and Raleigh.

Who founded diamonds direct?

Diamonds Direct was founded by Alon Arabov, a diamond manufacturer based out of Tel Aviv, Israel. In 1995, the first Diamonds Direct opened in Charlotte, N.C. eliminating the middleman and selling diamonds directly to the end customer from the manufacturing facility in Israel.

Who bought Zales?

Zale Corporation

Location of the original Zales store in Wichita Falls, Texas
Number of employees 12,500 (July 2012)
Parent Signet Jewelers (2014–present)
Divisions Zales Gordon’s Jewelers Peoples Jewellers Mappins Piercing Pagoda
Website zalecorp.com

What are signet rings?

The signet ring is a design that houses a raised, flat face on a shank, or ring, and is typically engraved with an image or icon meant to signify something memorable- like someone’s initials, a family crest, coat of arms, or a meaningful symbol.

Does diamonds direct negotiate?

Direct diamond importers can offer lower prices than other jewelry stores because we buy from the original supplier and there is no middleman markup. We can offer a richer selection of diamonds and shapes that may be harder to find at your local jeweler.

Is diamonds direct a good company to work for?

Great place to work. Best products, great customers. Worked there almost 4 years. … Customers are provided honest information and best valuue.