Jeweler Doris Panos Files For Bankruptcy
High-end jewelry line Doris Panos Designs has become the latest jeweler to file Chapter 11 bankruptcy protection. Papers filed in New York show that the company estimates that its assets and liabilities each total between $1 million and $10 million. Doris Panos is a jeweler who created her own business in 1993 after years in the field. Her dramatic pieces featuring large gemstones have been worn on the red carpet and appeared in many fashion magazines. Her line is sold at Neiman Marcus and other fine stores. The jewelry industry has been hit by many bankruptcies lately including Whitehall Jewelers, Fortunoff, Robbins Brothers and Ultra Diamonds.
