Adornis.com
Adornis.com was an online jewelry retailer created during the 90's dot-com boom that later collapsed.
{{Infobox Organization
|name = Adornis.com
|image =
|type = Online jewelry retailer
|headquarters =
Ireland: Moyne Park, Tuam, County Galway, Ireland{{cite web|url=http://www.cablebulgaria.com/directors.htm |title=CableBulgaria:Directors |accessdate=2017-04-05 |url-status=bot: unknown |archiveurl=https://web.archive.org/web/20010301214624/http://www.cablebulgaria.com/directors.htm |archivedate=March 1, 2001 }}
USA: Suite 265, 411 West Putnam Avenue, Greenwich, Connecticut 06830, USA
|location = {{IRL}}
{{USA}}
|membership =
|language = English
|leader_title = Founder
|leader_name = Declan Ganley[http://www.independent.ie/business/selling-the-ganley-jewels-516943.html "Selling the Ganley jewels"], Irish Independent, Sunday November 19 2000
|key_people = Sean Ganley, Jeanne Daniels, Roy Albers, Marion Davidson[http://luxurycouncil.com/the_aesthetics_of_luxury "The Aesthetics of Luxury"] {{webarchive|url=https://web.archive.org/web/20081204232743/http://luxurycouncil.com/the_aesthetics_of_luxury |date=2008-12-04 }}, a [http://luxurycouncil.com/event/2006/07/13 moderated panel discussion on 13 July 2006] {{webarchive|url=https://web.archive.org/web/20100210073721/http://luxurycouncil.com/event/2006/07/13 |date=10 February 2010 }}, accessed via [http://luxurycouncil.com luxurycouncil.com]
|num_staff =
|budget =
|website = [http://www.adornis.com www.adornis.com]
}}
Origin
Adornis.com, Inc.[http://www.list-company.com/company-info/4028809a13dd74c80113ddac1a821169/Adornis-com-Inc-Jewelry-Connecticut-USA.shtml Adornis.com, Inc.] {{Webarchive|url=https://web.archive.org/web/20111006082251/http://www.list-company.com/company-info/4028809a13dd74c80113ddac1a821169/Adornis-com-Inc-Jewelry-Connecticut-USA.shtml |date=2011-10-06 }} at [http://www.list-company.com www.list-company.com][http://www.jigsaw.com/id402324/adornis_com_company.xhtml Adornis.com, Inc.] {{Webarchive|url=https://web.archive.org/web/20080420135703/http://www.jigsaw.com/id402324/adornis_com_company.xhtml |date=2008-04-20 }} at [http://www.jigsaw.com www.jigsaw.com] {{Webarchive|url=https://web.archive.org/web/20090310190406/http://www.jigsaw.com// |date=2009-03-10 }} was an online jewelry retailer launched by Irish entrepreneur Declan Ganley[http://www.independent.ie/business/selling-the-ganley-jewels-516943.html "Selling the Ganley jewels"], Irish Independent, Sunday November 19 2000 with co-founder Sean Ganley, brother of Declan, in 1999,[https://web.archive.org/web/20110612112750/http://business.timesonline.co.uk/tol/business/article1061337.ece?token=null&offset=0 "Interview: Daire O'Brien: Prepared to take the broadband picture"] The Sunday Times, January 25, 2004 part of the dot-com boom of the 90's. The company was funded through Ganley's private equity firm, the Ganley Group,[http://archives.tcm.ie/businesspost/2000/11/12/story135240138.asp "Ganley denies Adornis has lost all its sparkle"] {{webarchive |url=https://web.archive.org/web/20080822220419/http://archives.tcm.ie/businesspost/2000/11/12/story135240138.asp |date=August 22, 2008 }} Sunday Business Post, Sunday, November 12, 2000 with $30m in equity funding, $30m in debt financing and a personal investment by Ganley of $5.5m.[http://www.electricnews.net/story/show/735378 "Off-line Adornis lays off top staff"] {{webarchive|url=https://archive.today/20130221121834/http://www.electricnews.net/story/show/735378 |date=2013-02-21 }} 8 November 2000, by Paul Drury, from [http://www.electricnews.net/ www.electricnews.net] {{webarchive|url=http://arquivo.pt/wayback/20110526010355/http://www.electricnews.net/ |date=2011-05-26 }} The French investments firm Richemont Investments SA,[http://www.alacrastore.com/storecontent/Thomson_M&A/Richemont_Investments_SA_acquires_a_minority_stake_in_Adornis_Com-954935040 "Richemont Investments SA acquires a minority stake in Adornis.Com"], Thomson Financial Mergers & Acquisitions, Dec 16, 1999, accessed via [http://www.alacrastore.com/ www.alacrastore.com] (a division of Compagnie Financiere Richemont AG) paid approx $5m to own 20% and the Irish internet firm Nua Internet Services owned 10%. Ganley owned around 40%, with the remainder owned by three American hedge funds.
Adornis.com was a winner of Forbes magazine's 'Best of the Web' "Classic, contemporary and estate jewelry from less than $100 to more than $10,000. Browse or search by designer, product type, type of material and gemstone or price....Excellent product descriptions and multiple close-up views". Time magazine described Adornis.com as 'bauble central for luxury items' in Dec 1999.
Fate
It was valued at $25 million at one point but collapsed and its stock was sold off to Overstock.com for about $2m. The remains were converted to Adornis.com Limited,[http://www.ukdata.com/numbers/E0347616.html Details for ADORNIS.COM LIMITED, company number E0347616]{{dead link|date=October 2016 |bot=InternetArchiveBot |fix-attempted=yes }} at [http://www.ukdata.com UKData.com] {{Webarchive|url=https://web.archive.org/web/20090220135303/http://www.ukdata.com/ |date=2009-02-20 }} founded on 7 September 2001. That company's latest annual return was filed on 31 December 2005.
References
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