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Jewelry News - Domestic & International News: Online Jeweler Ice.com to Receive $47M Capital Investment

Online Jeweler Ice.com to Receive $47M Capital Investment

Despite soft online jewelry sales (Online Sales Grow, But Luxury Items Suffer), Montreal-based Ice.com, who says its sales are still growing, will announce Monday a $47 million capital investment led by Polaris Ventures, the New York Times reports. Polaris' managing partner Alan Spoon, former president of the Washington Post Company (WPO), will be named to Ice's board.

Read Full Story

Posted by Posted by Jewelry News at Monday, December 24, 2007 8:33 AM

Categories: Ice.com, Jewelry News, SEC

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