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NEW YORK - Bergdorf Goodman is banking on the jewelry boom.
The upscale retailer will unveil a renovated luxury jewelry area in the main floor of its storied Fifth Avenue flagship today that is filled with jewels from the finest houses. These baubles are intended to exemplify the Bergdorf's ethos: rarity, distinction and quality.
"The jewelry business has been extremely strong for the past several years," said Jim Gold, Bergdorf's president and chief executive officer. "It's a natural outcome when you consider the wealth that's taken place in this country and around the world. For those of us trading in Manhattan, we're not only catering to a domestic clientele, but also the travelers who come from Russia, China and the Middle East. When you have such favorable times for the...