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.
Whitney Houston Dead: Singer Dies at 48, Body Found in Beverly Hilton Hotel
Whitney Houston Autopsy: Cause of Death Determined?
Whitney Houston, Bobbi Kristina: Late Singer's Daughter Hospitalized
Whitney Houston Dead: Stars React to Legend's Sudden Death
Grammy Red Carpet 2012 (PHOTOS)
Jennifer Hudson Whitney Tribute: Grammy President Reveals Why Singer Was Chosen for Musical Memorial
Grammy 2012 Winners' List: Adele Sweeps Music's Biggest Night
5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and Meditation
People With Easy-To-Pronounce Names More Likely To Succeed, Study Says
Katy Perry Grammy Performance 2012: Did the Diva Diss Her Ex-Hubby With Revealing New Song?