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MajorsOct 12, 2016
SimplexDiam Wins 8K-Piece JSN Jewelry Liquidation
JSN is the wholesale manufacturing division associated with Ben Moss, the Canadian retailer that’s going out of business.
New York--SimplexDiam Inc. announced that it has won all the lots in what is the largest jewelry liquidation of 2016--that of JSN, the company that manufactured for now-bankrupt Canadian chain Ben Moss.
The liquidation, which is approximately $4 million at wholesale, consists of more than 8,500 pieces that, primarily, wholesale for less than $500.
SimplexDiam Executive Vice President Shail Madhvani described the inventory as “very classic, easy-to-sell items in lower price points (that are) similar to the Martin Ross liquidation we purchased last year.” Yogesh Madhvani added that the styling of the pieces should work well for the U.S., U.K., Canadian and Australian markets.
SimplexDiam will be selling the inventory at the upcoming JIS Miami show (Oct. 14 to 17), at JA New York Special Delivery (Oct. 30 to Nov. 1) and at its offices in New York.
Interested parties can reach the company via email, sales@simplexdiam.com, at 800-233-1155, or online at SimplexDiam.com.
Winnipeg-based Ben Moss Jewellers, which has been in business for more than 100 years, announced back in July that it would be conducting going-out-of-business sales at the 54 stores it has left in Canada. The chain said the weak Canadian dollar and soft overall economy contributed to its demise.
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