Luxe quietly winds up jewellers and fails to tell the market

Luxe, a jewellery company that has Arthur Kaplan and NWJ as subsidiaries and which is suspended from trade on the JSE, had the companies placed in liquidation in March — and failed to tell the market about it.

And it has come to light that Luxe shares the same business consultants as the failed Aurora mine and Velvet Sky airline...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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