Blue Nile, Inc · Seattle, WA United States · (NASDAQ (GS): NILE)
Company Description
Phone: 206-336-6700
Fax: 206-336-6750
Toll Free: 800-242-2728
Rankings
- S&P 600
More Companies in: Seattle, Washington
More Companies in These Related Industries: Jewelry Stores, Jewelry Wholesalers
View Blue Nile, Inc Locations On A US Map
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This link will open in a new window Blue Nile helps tech-savvy Marc Antonys bejewel their Cleopatras. The company, which offers luxury-grade jewelry online at bluenile.com, sells loose diamonds, settings, engagement rings, and other jewelry made of gold, platinum, and silver set with diamonds, pearls, emeralds, rubies, and sapphires. It is the leader in online jewelry sales, offering more than 1,000 styles of jewelry, watches, and accessories. Blue Nile also operates Canadian and UK Web sites. CEO Mark Vadon, a discouraged engagement-ring shopper, and Ben Elowitz, formerly of Fatbrain.com, founded the site in 1999 as RockShop.com and, briefly, Internet Diamonds Inc., before adopting the Blue Nile brand name later that year. To read the full description, subscribe now.
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Key Blue Nile, Inc Financials
| Company Type | Public - NASDAQ (GS): NILE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $295.3 |
| 2008 Employees | 170 |
Blue Nile, Inc Executives
16 executives listed for Blue Nile, Inc's Seattle, WA location.
| Title | Name & Bio | Contact |
| Chairman | Mark Vadon | |
| President, CEO, and Director | Diane Irvine | |
| CFO | Marc Stolzman |
Competition
Competitive Landscape for Blue Nile, Inc
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top Blue Nile, Inc Competitors
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