Thursday 1 October 2009

Diamonds are…

For those interested in IP rights behind jewellery, PRWeb reports that tomorrow is the bid deadline for the auction of the Friedman's Jewelers and Crescent Jewelers' intellectual property. The auction will take place on 9 October.

According to PRWeb, intellectual asset management consulting firm CONSOR has identified “a myriad intangible assets in the Friedman's estate, including the valuable trademark ‘Say it with Diamonds’”. When Friedman's Inc. purchased Crescent Jewelers in 2006 they together became the leading US operator of jewelry stores with over 475 stores, generating over US$435 million in annual revenue.

For more information on the IP asset portfolio for sale see here. For more information on the recent acquisition of Whitehall Jewelers’ IP by Bidz.com see here.

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