Tanishq Jewelry Closes U.S. Stores

August 19, 2009 | Posted by bLavish as Jewelry at 10:14 am | Comments off

tanishqAnother luxury jeweler has bit the U.S. dust.  Indian jewelry chain Tanishq has just closed two of their stores in the United States.

The Schaumburg, Illinois as well as the Paramus, New Jersey Tanishq stores have closed up shop due to lack of sales.  The first of their U.S. shops opened just last summer and the company had plans to open up 25 more stores around the States, but because of the dwindling luxury market, they are now rethinking their plans.

It’s another sad day.

Comments are closed.