Charles & Colvard names KGK as new Moissanite jewelry maker
18 May '07
3 min read
Charles & Colvard announced that the KGK Group has become the Company's newest manufacturer of fine moissanite jewelry. This manufacturer has the potential to expand the Company's reach into higher-end department and independent retail stores.
The KGK Group is a global corporation based in India with fully integrated operations in diamonds, colored gemstones & jewelry. KGK is known worldwide for its exemplary quality, international standards, and its impeccable reputation for customer service. Their customers include high-end independent retailers, upscale department stores and designers located around the world.
KGK has developed a new line of moissanite jewelry and has designed an exclusive collection combining moissanite and high quality diamonds in 18k yellow and white gold, platinum and palladium settings. The collection will include various styles of rings, pendants, moissanite jewels by yard, stud earrings, and bracelets that KGK is beginning to market in the U.S. and internationally.
Dennis Reed, President and CMO of Charles & Colvard commented, “While we are in the early stages of our relationship with the KGK Group this relationship can allow us to develop additional channels of revenue, both in the U.S. and internationally, and broaden our penetration in the higher-end luxury market. KGK's exclusive line of moissanite jewelry will debut at the JCK trade show in Las Vegas at the end of May."
"We believe this relationship can strengthen our brand recognition and generate greater exposure among independent and specialty stores. As we look to increase awareness and grow the moissanite brand, working with manufacturers like the KGK Group to develop distinct, fashionable designs of moissanite jewelry can help broaden our reach among women at the higher end of our target market.”
marketing@alchempro.com
