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Borsheims
Borsheims Selling Luxury Jewelry Experiences
Borsheims is offering jewelry- and diamond-related luxury adventuresthrough its holiday catalog this year, catering to millennials’ desire for transparencyand experiences. The jeweler — owned by Warren Buffett’s Berkshire Hathawayconglomerate — is selling a number of trips revolving around...
Retail Nov 06, 2019 Rapaport News
Berkshire Hathaway
Retail Sales Rise at Buffett-Owned Conglomerate
Revenue from the retail division of Berkshire Hathawayincreased 5% to $4.04 billion in the third quarter, the company reportedSaturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, was...
Retail Nov 04, 2019 Rapaport News
Borsheims
Borsheims Creates Customer-Focused VP Role
Borsheims has promoted Adrienne Fay to vice president, putting her in charge of overseeing the customer-purchase journey. In the newly-created role, she will also be responsible for uniting the online and in-storeshopping experiences. The move...
Retail Sep 15, 2019 Rapaport News
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
Helzberg Diamonds
Helzberg Diamonds Launches Synthetics Line
Helzberg Diamonds has launched its owncollection of lab-grown jewelry, Light Heart, citing increased consumer demand for synthetics. The jeweler — owned by Warren Buffett’s Berkshire Hathaway— first introduced the line late last year...
Retail Feb 13, 2019 Leah Meirovich
Ben Bridge
Buffett-Owned Ben Bridge Names New CEO
Lisa Bridge will succeed her father Ed Bridge as CEO of BenBridge Jeweler, a subsidiary of Warren Buffett’s Berkshire Hathaway. Lisa Bridge became the retailer’s first female president andchief operating officer last year. Since then,...
Retail Nov 15, 2018 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
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
Pink synthetics
Buffett Store to Sell World’s Largest Pink Synthetic
A synthetics manufacturer has partnered with WarrenBuffett-owned jewelry retailer Borsheims to unveil what it claimed was thelargest pink lab-grown diamond in the world. ALTR Created Diamonds unveiled the Asscher-cut, 3.99-carat,fancy orangey-pink, VS2-clarity stone last...
Polished Markets May 08, 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
Herb Bridge 150
Ben Bridge Chairman Dies at 93
Herb Bridge, co-chairman of jeweler Ben Bridge and much ofthe force behind its global expansion, died at age 93 on Monday. Bridge grew up in the family-run business, which has been inoperation since 1912, and worked...
Retail Apr 04, 2018 Rapaport News
Ellen Junger Helzberg Diamonds CMO
Helzberg Diamonds Gets New Marketing Head
Helzberg Diamonds has appointed Ellen Junger as chief marketingofficer, and named Carmichael Lynch as its new ad agency of record. Junger was previously chief customer and marketing officerfor Payless ShoeSource. She has also worked...
Retail Mar 04, 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
Lisa Bridge Ben Bridge
Buffett’s Ben Bridge Names First Female Boss
Ben Bridge Jeweler has appointed Lisa Bridge as its firstfemale president amid a shake-up of senior positions at the family-runretailer.Bridge (pictured), previously vice president of education andcreator of the Lisa Bridge Collection, also took on the role...
Retail Nov 08, 2017 Rapaport News
ben bridge
Sales Slip at Buffett-Owned Retail Business
Berkshire Hathaway’s retail sales declined 1.5% to $3.48billion in the first quarter, mainly due to lower performance at its car dealershipand confectionery businesses.Revenue at Berkshire Hathaway Automotive (BHA) fell 2%,primarily because of a lower number of vehicle sales,...
Retail May 07, 2017 Rapaport News
moissanite
Charles & Colvard, Helzberg Expand Retail Deal
Charles & Colvard will double the number of HelzbergDiamonds stores where its moissanite jewelry is available, under an extensionof its arrangement with the Warren Buffett-owned retailer.“Our companies share a common customer, and this expansioninitiative...
Retail Mar 05, 2017 Rapaport News
Borsheims
Berkshire Hathaway’s Retail Sales Jump
Revenue from Berkshire Hathaway’s retail division, includingthree jewelry businesses, grew 14 percent to $15.09 billion last year, thecompany reported over the weekend.Pre-tax earnings for the unit increased 17 percent to $659 millionin 2016, the...
Retail Feb 27, 2017 Rapaport News
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