Consolidation in our Industry? You Bet!

NEW YORK, Nov. 8 /PRNewswire-FirstCall/ — Finlay Enterprises, Inc. (Nasdaq: FNLYNews), a leading retailer of fine jewelry and the largest operator of licensed fine jewelry departments in department stores throughout the United States, announced today it has executed a stock purchase agreement for the acquisition of Congress Jewelers.

Congress is a privately-owned regional chain of five jewelry stores located in Florida, with annual sales of approximately $23 million and a focus on the luxury market.

Sean
J.R.Dunn Jewelers
Still family owned and operated