Finlay Enterprises Receives Notification of Non-Renewal of Lord & Taylor Lease

Posted by Posted by Jewelry News at Friday, February 29, 2008 8:50 AM and is filed under Finlay Enterprises
Finlay Enterprises, Inc. (Nasdaq: FNLY - News), a leading retailer of fine jewelry operating luxury stand- alone specialty jewelry stores and licensed fine jewelry departments in department stores throughout the United States, today announced that it has received notification from Lord & Taylor that the Company's license agreements will not be renewed upon the expiration of the agreements on January 31, 2009. The Company will close a total of 47 Lord & Taylor locations at the end of fiscal 2008.

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