Nina’s Jewellery has announced that it will close its wholesale division by the end of June 2025, citing “unforeseen circumstances.”
The move comes one year after the Western Australian company re-entered the wholesale market, having last operated in this space more than five decades ago.
Wholesale Operations to Cease
Founded in 1965 near the Argyle mine and now based in Dunsborough, Nina’s launched its wholesale offering in June 2024. The initiative aimed to expand its reach through partnerships with stockists, buying groups and industry stakeholders.
“It is with a great deal of sadness that we wish to advise that the wholesale division of Nina’s Jewellery will cease operations as of the end of June 2025 due to unforeseen circumstances,” the company stated. “This is a heartbreaking and incredibly difficult decision made necessary by a number of factors, and is in no part due to the brilliant efforts of our passionate and dedicated team, nor is it a result of the incredible welcome and success we have enjoyed in this space over the last 12 months.”
The company added: “We cannot thank our stockists, the buying groups and the industry media enough for all of your interest and support during the last year. You have welcomed us into your businesses and shared your insights with us, and it has been an absolute privilege to share our passion and products with you.”
Retail Business to Continue
The closure affects only the wholesale division. Nina’s Jewellery confirmed that its retail operations, which have been active since 1965, will continue without interruption. The company continues to work with natural coloured diamonds, including Argyle pink diamonds, and maintains its involvement in Australian-origin gem supply and education.
Nina’s stated it will maintain its focus on Australian manufacturing and sourcing practices, including working with local suppliers and artisans.
Support for Existing Stockists
The company confirmed it will continue to fulfil all existing wholesale orders and provide support through its retail operations. “We will honour all existing orders that have been placed to date. We will also continue to provide support to any existing Nina’s stockists for warranty, training or product issues via our retail division,” the statement read.
