Break out the sparklers! WWD is reporting this morning that there may just be another well known deisgn name cutting their teeth in the diamond district. Vera Wang and jewelry chain Zale Corp. are reportedly "this close" to announcing a deal for a diamond collection that would be exclusive to the third-largest jeweler in the U.S.
The deal would seemingly also involve a third party stone supplier and makes sense, considering Wang has much of the bridal gown market cornered. One banker said the agreement would be a beneficial for Zale as well, since the bridal business is one of the few markets not affected by the economic recession. A Zale spokeswoman said if an announcement were to be made, it would not be until the company's next reports earnings come out on Feb. 23. Just think, a Vera Wang line of bling!
Article Source: WWD
Photo Source: thebudgetfashionista.com