By Avi Krawitz,Posted: 03/03/10 03:56

RAPAPORT... Berkshire Hathaway’s jewelry retail division, comprised of Borsheims, Herlzberg and Ben Bridge Jeweler, saw its revenue decline by 12 percent in 2009, the investment group reported, and posted a pre-tax loss for the year. 

The company's total retail revenue fell 8 percent to $2.87 billion, while its pre-tax earnings were relatively unchanged at $161 million, according to its annual report. The company did not provide totals for the jewelry division, but instead grouped them with its other retail businesses, which include four home furnishing companies and See’s Candies. See’s Candies and two of the company's home furnishings businesses increased their pre-tax earnings during the year, Berkshire noted. More Information From ( www.diamonds.net News)