Rapaport News




Advanced search
Latest Articles
Rough Markets
Polished Markets

Charles & Colvard, Helzberg Expand Retail Deal

Mar 5, 2017 7:55 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Charles & Colvard will double the number of Helzberg Diamonds stores where its moissanite jewelry is available, under an extension of its arrangement with the Warren Buffett-owned retailer.

“Our companies share a common customer, and this expansion initiative allows us to mutually address a market need that moissanite fulfills,” Suzanne Miglucci, chief executive officer of Charles & Colvard, said in a statement last week.

Charles & Colvard began supplying products to Helzberg’s ecommerce site in 2013 and later expanded the partnership to some of the jeweler’s retail stores. Charles & Colvard makes and distributes moissanite, a diamond substitute created in laboratories. The Helzberg deal features Charles & Colvard’s Forever One brand of D-to-F-color moissanite stones, introduced in 2015.

Helzberg, a subsidiary of Buffett’s Berkshire Hathaway conglomerate, operates more than 230 stores across the U.S.
Tags: Berkshire Hathaway, Charles & Colvard, Forever One, Helzberg, Helzberg Diamonds, moissanite, Rapaport News, Suzanne Miglucci, warren buffett
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us