FOR IMMEDIATE RELEASE
August 9, 2017 — Tampa and Sarasota, FL — Bond and Company Jewelers Inc., operator of four retail jewelry stores under the Bond Jewelers and Bond Diamonds brands, today engaged Eaton Hudson to conduct its court-ordered bankruptcy liquidation sale. The sale began today and was ordered by the bankruptcy court as a result of Bond’s Chapter 11 filing earlier this month.
Inventory valued at approximately $12 million will be liquidated at below market prices in a sale that is expected to last approximately 12-18 weeks. Merchandise to be sold will include women’s and men’s fine and fashion jewelry, featuring diamonds, other precious stones, gold and silver, as well as a wide selection of watches. The liquidation sale will involve 4 Bond’s store locations in St. Petersburg, Clearwater, Brandon and Sarasota.
The Bond Jewelry sale is being managed by a national jewelry liquidation and asset recovery firm Eaton Hudson Jewelry Advisors.
“We would like to express our appreciation to all of the Bond employees who have invested considerable time and effort into building this fine jewelry chain,” said Marvin Shavlan President of Bond and Company Jewelers Inc., “It is unfortunate that Bond Jewelers has to be liquidated after all of these years, and we will work with the employees and personnel to ensure a smooth process.
Bob Epstein, CEO at Eaton Hudson added, “Over the course of its 57 year history, Bond Jewelers has built a reputation for selling fine jewelry. This liquidation sale offers a unique opportunity to acquire quality jewelry items at extraordinary values.”
Bond Jewelers Inc. has been operating under Chapter 11 of the Bankruptcy Code since July 27, 2017 (U.S. Bankruptcy Court, Middle District of Florida).
About Bond and Company Jewelers Inc..
Founded in Florida in 1960, Bond Jewelers is one of the largest specialty retailers of jewelry in Tampa market. The Company operates 3 stores under the Bond Jewelers brand, and 1 store under the Bond Diamonds banner. For more information and store locations, visit www.bonddiamonds.com .
About Eaton Hudson Jewelry Advisors.
Eaton Hudson provides a variety of services to jewelry related retailers, manufacturers, wholesalers and distributors. The core of its business is effectively and efficiently liquidating jewelry inventories for both healthy and distressed companies. For more information, please visit the company’s website at www.eatonhudson.com