Two celebrity-focused jewelers fell victim to the recession this month.
First, Michael Beaudry, who is known for manufacturing and supplying jewelry to Hollywood stars, filed for bankruptcy June 4. Sister company Centerstone Diamonds filed for Chapter 11 on the same day. No information is available about the company's future plans.
Yesterday, Harry Dunay also filed for Chapter 11 bankruptcy, citing economic conditions. The business, which dates to 1965, sells its jewelry at high-end stores like Neiman Marcus as well as direct to celebrities. Harry Dunay plans on reorganizing the business and continuing operations.
