Menu

Topics

Connect

Comments

Want to discuss? Please read our Commenting Policy first.

Charm Diamond Centres acquires Ben Moss

FILE: diamonds. Janet Cordahi, Global News

HALIFAX – Charm Diamond Centres has acquired the rights to the Ben Moss Jewellers banner and will reopen 16 stores that were closed when Ben Moss filed for creditor protection last year.

Story continues below advertisement

Charm says it will also retain more than 100 Ben Moss Jewellers employees and hire additional staff for a total of 175 jobs.

The stores, some of which will reopen as early as today, are in Ontario, B.C., Alberta, Manitoba, Saskatchewan and Winnipeg.

The daily email you need for 's top news stories.

Charm says it plans to announce details of a grand re-opening event, which will take place in time for Valentine’s Day.

Financial details of the deal were not disclosed.

Ben Moss, which suffered financial difficulties in recent years, was acquired by a wholesaler in 2013. The company filed for creditor protection in May 2016 and closed all of its stores.

READ MORE: Calgary customers fuming after Fitz Flooring, Ben Moss store closures

Controversy erupted when the company said it couldn’t fulfill jewelry guarantees.

Charm Diamond Centres president Troy Calder says he’s “delighted” to be able to give the Ben Moss brand a fresh start.

Story continues below advertisement

“We have great respect for the Ben Moss Jewellers legacy and its long history,” Calder said in a statement.

“Like Charm, the company has a similar story — it is a family-owned Canadian fine jewelry brand that customers have trusted for their most treasured memories.”

 

Advertisement

You are viewing an Accelerated Mobile Webpage.

View Original Article