They have been pleased with the integration and performance thus far of their recently acquired Carlyle subsidiary, and believe that further diversification of their business will be an integral component to ensuring long-term shareholder value.'
Finlay Enterprises Inc, through its wholly-owned subsidiary, Finlay Fine Jewelry Corporation, is one of the leading retailers of fine jewelry and the largest operator of licensed fine jewelry departments in department stores throughout the United States with sales of $923.6 million in fiscal 2004. The number of locations at the end of the second quarter of fiscal 2005 totaled 993, including 34 Carlyle specialty jewelry stores.
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