White Pine Launches Jewelry Consulting Service

(IDEX Online News) – Recycled diamonds company White Pine Trading LLC is launching a new division providing consulting and other services to retailers, manufacturers and wholesalers, and the industry’s asset-based lenders.

White Pine Jewelry Solutions, which will be headed by Michael Lebowitz, will also design and manufacture pieces created from White Pine’s recycled diamonds.

The division’s services include inventory evaluation and appraisals; evaluation of business options from store closing, consolidation or promotional sales, to overstock sales events; guidance on running special on-premises sales events or hands-on management of events; and the development of event auction and quick sale programs using White Pine's platform.

The company said these core services will be augmented by the division’s diamond jewelry manufacturing operations as well as an upcoming program to supply retailers with consigned close-out inventory drawn from White Pine’s vendors.

Lebowitz, who has more than 42 years of experience in jewelry retailing, wholesaling and consulting, was most recently executive vice president of Buxbaum Jewelry Advisors. Previously, he served as a consultant to manufacturer M. Fabrikant & Sons, and held positions as a fine jewelry merchandise manager for Boston jeweler Shreve Crump & Low and a close-out buyer and asset appraiser at Gordon Brothers Corp.