Hofmeister’s Personal Jewelers, a well-regarded 30-year-old Indianapolis store, filed for Chapter 11 on April 13.
Total assets are listed as $3,799,695.82, liabilities as $5,483,013.75
Leading secured trade creditors include Hearts on Fire Company, Le Vian Corp., and Movado Group.
Owner Carter Hofmeister told JCK his store “will work through this” and expects to retain all its 40 employees.
“Almost every vendor has been really incredible and we appreciate the support,” he added. “Sales for March and April have been very good and the outlook for the rest of the year looks to continue. I am very blessed to have the relationships that we have.”
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