In October 2017, Indian jewellery company Tara Jewels acquired a forty nine per cent stake in Bevilles, four years after forming a “strategic alliance” with the Australian jewelry retailer. Not only does Bevilles operate fewer stores right now than it did in 2010, over the following years two shops were closed and, in April 2014, the chain entered voluntary administration. While Wallace Bishop’s retailer depend reduced by 33 per cent, South Australia-based Shiels Jewellers managed to increase over the past decade with a serious transfer into Queensland, where it opened seven shops. Bishop confirmed that the current store depend of …