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Berkshire Hathaway
Retail Sales Rise at Berkshire Hathaway
Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 2.5% to $4.03 billion in the second quarter, thecompany reported Saturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben...
Retail Aug 05, 2019 Rapaport News
JCPenney Richline Grown with Love
Major US Retailers Embrace Synthetic Diamonds
Lab-grown diamonds will feature at some of the largest US retailers this holiday season, with J.C. Penney, Macy’s and Jewelry Television (JTV) anticipating strong growth in the category. Berkshire Hathaway subsidiary Richline Group will...
Retail Nov 01, 2018 Rapaport News
Signet gold mining
Signet Offers First ‘Conflict-Free’ DRC Gold
The Democratic Republic of Congo (DRC) has exportedconflict-free artisanal gold to the US jewelry market for the first time,according to groups involved in the project. The metal from the South Kivu province has gone on sale...
Mining Oct 28, 2018 Rapaport News
Borsheims 150
Berkshire Hathaway Sees Retail Jump
Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 5% to $3.93 billion in the second quarter, thecompany reported Saturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge...
Retail Aug 05, 2018 Rapaport News
Richline 150
Richline Group Shakes Up Senior Leadership Team
Richline Group has promoted three team members to executivepositions in its jewelry division, following the appointment of Dave Meleski as CEO. Bobby Kempler (pictured, right) will take on the newly created role ofpresident of the jewelry...
Retail Jun 18, 2018 Rapaport News
Dennis Ulrich Richline
Richline CEO Dennis Ulrich to Retire
Dennis Ulrich is retiring from his position as CEO ofRichline Group, the company said Saturday.Dave Meleski, the current president of Richline, willsucceed Ulrich (pictured), who has held the position at the Warren Buffett-owned company...
Manufacturing May 13, 2018 Rapaport News
Helzberg 150
Retail Sales Rise at Buffett’s Berkshire Hathaway
Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 5% to $3.64 billion in the first quarter, thecompany reported Saturday. The improvement in the segment, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge...
Retail May 07, 2018 Rapaport News
TrustChain 150
IBM Launches Blockchain for Jewelry
IBM has partnered with members of the diamond and jewelryindustry to create a blockchain platform for improving traceability.The technology giant will work with retailer HelzbergDiamonds and jewelry manufacturer Richline Group — both subsidiaries of WarrenBuffett’s...
Mining Apr 29, 2018 Rapaport News
Warren Buffett Announces Jewelry Results 150
Buffett’s Conglomerate Sees Slight Retail Drop
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway slipped0.2% to $15.06 billion last year, the company reported Saturday.The decline in the segment, which includes jewelry chains Borsheims, Helzberg Diamonds and Ben...
Retail Feb 27, 2018 Rapaport News
Samuel Aaron Jewelry Plant to Close
Richline Group is shutting down a jewelry-manufacturingplant in New York State following its acquisition of The Aaron Group this month.The factory, located in Mount Vernon, willclose April 25, according to a filing with the New York State...
Manufacturing Jan 26, 2017 Rapaport News
aaron group
Richline Acquires The Aaron Group
Richline Group bought jewelry manufacturer TheAaron Group, as the Warren Buffett-owned business continues to drive growth through mergers and acquisitions. The companies did not disclose terms of the deal, which was the fifth...
Manufacturing Jan 15, 2017 Rapaport News
Buffett’s Richline Buys Silver Jewelry Seller Silpada
Richline Group snapped up Silpada Designs, marking the BerkshireHathaway-owned jewelry subsidiary’s fourth acquisition this year.Silpada was founded by stay-at-home mothers and grew into“the world’s largest home party seller of sterling silver jewelry,” Richlinesaid....
Retail Oct 26, 2016 Rapaport News
Acquisitions Spur Buffett’s Retail Growth
Berkshire Hathaway, the conglomerate chaired by WarrenBuffett, reported retail revenue increased 6 percent to $3.81 billion in thesecond quarter of 2016. Growth was driven by acquisitions of an automotivedealer and a motorcycle gear retailer, while the business unit also...
Retail Aug 11, 2016 Rapaport News
Buffett’s Richline Acquires Wearables Maker Viawear
Richline Group, a jewelry subsidiary owned by WarrenBuffett’s Berkshire Hathaway, continued its recent string of acquisitions withthe purchase of Viawear, a provider of wearable technology for jewelry brands.Viawear has developed bracelets that filter mobilenotifications so wearers receive...
Retail Jun 07, 2016 Rapaport News
Warren Buffett’s Jewelry Unit Acquires Nordt
Richline Group, a jewelry company owned by Warren Buffett’sBerkshire Hathaway, made a second acquisition in less than a month with thepurchase of a precious-metals company, John C. Nordt.Nordt, amanufacturer for and supplier to the jewelry industry, was founded in 1872...
Retail May 22, 2016 Rapaport News
Warren Buffett’s Richline Buys Jewelry Site Gemvara
Richline Group, a jewelry subsidiary of Warren Buffett’sBerkshire Hathaway, acquired online jewelry seller Gemvara, BostInno reported.The deal will see Gemvara provide ecommerce and in-storedigital technology for Richline’s brands and customers, including BerkshireHathaway...
Retail May 01, 2016 Rapaport News
Elephant, animal
Signet, Tiffany among Members of New U.S. Wildlife Trafficking Alliance
Signet Jewelers and Tiffany & Co. are among jewelryindustry players committing to help stop wildlife trafficking activities in theU.S. through a new agreement among corporations in the country.Berkshire Hathawaycompanies Richline Group and Rio Grande...
Retail Mar 07, 2016 Rapaport News
Berkshire Unit Richline Joins in Anti-Wildlife Trafficking Push
Richline Group, a wholly-owned subsidiary of Berkshire Hathaway, joined forces with other jewelers to campaign against the illegal acquisition of wildlife and related products by the precious stones industry.Richline, a Tamarac, Florida-based jewelry maker and marketer,...
Fair Trade Oct 01, 2015 Rapaport News
New Richline Group Website Focuses on Fashion and Style of Wearables
Richline Group, a jewelry marketer and manufacturer, has created a new website called Wearable Style News to feature articles and interviews on wearables industry news and fashion. “The industry needed a new voice,” said Mark...
Marketing Aug 16, 2015 Rapaport News
Richline Taps Virtual Reality Experience for its Wearable Tech at JCK
Content solution provider Next Galaxy Corporation created a virtual reality experience for the Richline Group Inc. to showcase wearable jewelry offerings at the JCK Vegas show. The virtual reality experience is navigated using Next...
Technology May 19, 2015 Jeff Miller
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