Nicholas White Update On Jewelry Markets

Nicholas White's analysis on Gitanjali Gems's possible purchase of Whitehall Jewelers @ http://www.glgroup.com/News/Will-Whitehall-Jewelers-be-Acquired-By-Indian-Manufacturer-Gitanjali-Gems--26321.html was interesting because if Gitanjali is able to buy the stores it will represent the beginning of a new era in the US jewelry industry + the question remains if the company has the luster and financial strength to compete with Kay, Zale, Helzberg, Fred Meyer, and discounters like Wal-Mart and grow in India too. Only time will tell.