Hundreds queue for Rosendorff Diamond Jewellers liquidation salemai 18, 2019
Hundreds of people had lined outside Rosendorff Diamond Jewellers in the Perth CBD on Friday ready to snap up a bargain in the store’s liquidation sale.
The business, which was founded by Mr Rosendorff as a gift store in 1963, collapsed yesterday owing at least $2 million to creditors.
Long queues snaked along the Hay Street Mall, including couples and parents pushing children in prams, all eager to have a look to see what was on offer in the $9 million sale.
Chris Milan, who heard about the sale on the news, said he was hoping to get a diamond as an investment and hopefully ‘find something for my missus’.
A staff member said someone rang the store this morning after seeing the story in The West Australian, asking if the items featured were still there.
Receivers from insolvency firm KordaMentha have launched the massive liquidation sale to clear excess stock while they pursue a sale or recapitalisation of the business.
Lead receiver Richard Tucker promised “some absolute bargains”, adding there would be the chance to negotiate on more expensive, high-end items.
“It’s a Perth icon (and) … it’s critical we get customers in there and run down the stock levels,” he said.