Corona Jewellery Company has announced that it will continue to carry on Libman & Co.’s legacy.
Earlier this year, the Companies’ Creditors Arrangement Act (CCAA) filing of the Martin Ross Group sent shockwaves through the Canadian jewellery industry, leaving the future of Libman hanging in the balance.
But now, Corona is set on offering the entire Libman Collection to the rest of the industry, including the designs that were created and made available by Libman under Inuit Ice and the previously licensed Alfred Sung and ForeverMark labels.
“Corona is concluding arrangements to be able to facilitate the offering of the entire Libman Collection to the industry,” says Corona President John Minister. “Having been a direct competitor to Libman since my start in the industry in 1972, they have always been known as one of the highest quality manufacturers in Canada and I’m honoured to continue the Libman brand.”
The plans for Libman are still in the developmental stage according to Minister, and Corona hopes to start taking orders as early as the middle of January 2015. CJ