Silberg and Horton Join Diamond Direct


June 1, 2005

Silberg and Horton Join Diamond Direct

Diamond Direct, the U.S. diamond jewelry division of Classic Diamonds (India) Ltd., a Diamond Trading Co. sightholder, announced two key appointments June 1. Joyce Horton was named vice president of merchandising and Sheryl Silberg is the new director of marketing.

Horton was previously with United Kingdom-base Signet's U.S. division, Sterling Jewelers, and its Jared The Galleria of Jewelry stores and is experienced in retail jewelry merchandising. Her work history also includes Marks & Morgan and Zale Corp.'s Gordon's Jewelers. She has worked behind the counter and as a buyer.

Sheryl Silberg comes from Diamond Promotion Service. She amassed knowledge of the diamond jewelry market during her tenure at DPS, as well as an understanding of the needs of retail jewelers and the ways to help them drive their diamond jewelry businesses, according to Diamond Direct.

"We are thrilled to have two such talented individuals join our team," says Baiju Bhansali, CFO of Diamond Direct. "With the tremendous growth we are experiencing in our U.S. business, it is important that we build the right resources to best serve our customers. Our company is now in a position to be a true partner with retail jewelers."

Diamond Direct is a division of Classic Diamonds (India) Ltd., India, the world's largest producer of stars, cutting more than 1 million diamonds a week in India. Classic also cuts a full range of other sizes and shapes of diamonds. For more information, contact Silberg, (917) 957-5820 or sheryl@ddl-adi.com.



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