MajorsJun 01, 2022
Dubai’s DAMAC Group Acquires De GrisogonoMajorsJun 06, 2022
Quality Gold Acquires IBGoodman
The acquisition will allow Quality Gold to bolster its men’s jewelry offerings.
A selection of IBGoodman rings. The company was recently acquired by Quality Gold for an undisclosed amount.
Fairfield, Ohio—Quality Gold Inc. has acquired jewelry manufacturer IBGoodman Manufacturing Co. for an undisclosed price as it looks to bolster its men’s jewelry offerings.
The Newport, Kentucky-based manufacturer is best known for its men’s jewelry and other specialty product lines, sold at retailers worldwide.
It has been a family-owned and operated business since its founding in 1937.
“IBGoodman has a huge collection of rings and accessories for men. This acquisition accelerates our growth potential within the men’s jewelry sector,” said Quality Gold COO Jason Langhammer.
“It is a smart and strong addition for us. We are looking forward to building upon their success."
Quality Gold CEO Michael Langhammer said IBGoodman’s “world-class” products, name recognition, and loyal retailer base piqued his company’s interest.
“The IBGoodman name is well recognized and stands for quality. All their strengths will be integrated and built upon. Quality Gold intends to learn from them and move the brands forward,” said Langhammer.
Related stories will be right here …
The Newport, Kentucky-based manufacturer is best known for its men’s jewelry and other specialty product lines, sold at retailers worldwide.
It has been a family-owned and operated business since its founding in 1937.
“IBGoodman has a huge collection of rings and accessories for men. This acquisition accelerates our growth potential within the men’s jewelry sector,” said Quality Gold COO Jason Langhammer.
“It is a smart and strong addition for us. We are looking forward to building upon their success."
Quality Gold CEO Michael Langhammer said IBGoodman’s “world-class” products, name recognition, and loyal retailer base piqued his company’s interest.
“The IBGoodman name is well recognized and stands for quality. All their strengths will be integrated and built upon. Quality Gold intends to learn from them and move the brands forward,” said Langhammer.
IBGoodman products will continue to be sold under the IBGoodman brand names.
The fact that Quality Gold is also a family-owned and operated jewelry manufacturer was important to IBGoodman President and CEO Jonathan Goodman Cohen, he said.
“I’ve gotten to know the Langhammers over the years. They are honorable people with capable staff and the next generation in place to build the business,” he said.
IBGoodman’s inventory, equipment, staff, and operations will be relocated from Newport, Kentucky, to Fairfield, Ohio, about 40 minutes away.
“IBGoodman and Quality Gold staff are working closely to integrate operations quickly and smoothly during this ownership transition,” said the companies in a joint press release.
The acquisition will be completed by June 30.
Both companies will be on-site in the Plumb Club pavilion at the JCK show in Las Vegas. Staff from Quality Gold will be at PC-230 while IBGoodman will be at PC-120.
Quality Gold has acquired several companies in recent years, both in the U.S. and overseas, as part of a long-term strategic plan to strengthen its vertical positioning.
Its list of acquisitions includes California-based pendant manufacturer De-ani, gold jewelry supplier Leslie’s, California-based supplier Star Ring Inc. and its Romance Ring division, giftware and jewelry company Luxury Giftware by Jere LLC, and Chicago-based supplier North American Jewelers Inc. as well as its wholly owned subsidiary Steckbeck Jewelry PVT LTD in Mumbai.
Editors' Picks
Sponsored by
More on Majors
The Latest
CrimeMar 28, 2025
2 Suspects Arrested in $1.7M Smash-and-Grab Robbery of NY Jewelry StoreAuthorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.
SourcingMar 28, 2025
19th-Century Jade Book Now Available in EnglishLotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.
CollectionsMar 28, 2025
Piece of the Week: Löf’s ‘The Valentine’ RingThe ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
SurveysMar 27, 2025
Consumer Confidence Falls in March Amid ‘Gloomy’ OutlookThe Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.
Weekly QuizMar 27, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsMar 27, 2025
300-Year-Old Ring Linked to Witch Trial Judge Goes Unsold at Auction However, two medieval jewels surpassed estimates at Noonans Mayfair’s recent jewelry auction in London.
WatchesMar 27, 2025
Austin Butler Joins Breitling as Brand AmbassadorThe Oscar-nominated actor debuted in the campaign for the new “Top Time B31” collection, which introduced Breitling’s Caliber B31.
Brought to you by
Natural Diamonds Should Mean MoreNatural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.
SourcingMar 27, 2025
Susan Jacques, Gaetano Cavalieri to Headline 2025 ICA Congress The Congress is scheduled to take place May 19-22 in Brasilia, Brazil.
IndependentsMar 26, 2025
Bailey’s Fine Jewelry Acquires Fellow NC Independent JewelerThe family-owned retailer is the new owner of Morrison Smith Jewelers in Charlotte, North Carolina.
WatchesMar 26, 2025
Bulova Celebrates 150th Anniversary With Art Deco WatchesThe “150 Art Deco” collection features a Miss America timepiece and a pocket watch from the brand’s Archive Series.
Events & AwardsMar 26, 2025
Jewelers of America Announces New Funding Initiative The Impact Initiative is part of the nonprofit association’s new three-year strategic plan.
AuctionsMar 25, 2025
Christie’s To Auction 35-Carat Sapphire, 13-Carat RubyThe ruby and the sapphire, which Christie’s calls a “once-in-a-generation masterpiece,” are part of the upcoming Hong Kong jewelry auction.
CrimeMar 25, 2025
Tiffany & Co. Earrings Swallowed Following Grab-and-Run Theft RecoveredThe two pairs of earrings, snatched from a Tiffany & Co. store in Orlando, Florida, are valued at a combined $769,500.
ColumnistsMar 25, 2025
The Smart Lab: Using Short-Form Videos to Sell More JewelryThe time to start experimenting with video content is now, writes columnist Emmanuel Raheb.
CollectionsMar 24, 2025
Pomellato’s Latest ‘Nudo’ Collections Revamp its Classic DesignFrom striking high jewelry to miniature fine jewelry, the new chapter continues to highlight gemstones featuring its signature 57-facet cut.
WatchesMar 24, 2025
Sotheby's Now Offers Watch Repair ServicesThe auction house's partnership with online watch servicing platform WatchCheck makes repairs convenient and accessible, it said.
FinancialsMar 21, 2025
Swarovski Says Its Lab-Grown Diamond Sales Doubled in 2024The company also noted record sales in the United States and a strong performance in its jewelry category.
SourcingMar 21, 2025
BrankoGems To Hold Conference in MontanaThe event, set for June 13-15, will feature educational presentations and guided visits to the state’s sapphire mines.
TrendsMar 21, 2025
Piece of the Week: Marrow Fine’s ‘Til Death’ RingAfter the black enamel band became a best-seller for the brand, it has now launched an enamel ring personalization program.
IndependentsMar 20, 2025
Korman Fine Jewelry’s New Store Is Double the Size The Austin, Texas, jeweler’s new 11,000-square-foot store is set to open this summer.
Events & AwardsMar 20, 2025
JCK Rocks to Feature Snoop Dogg, Jason DeruloThe rapper and singer-songwriter will perform at Tao Beach on June 8.
TechnologyMar 20, 2025
Chris Ploof, Severine Ferrari Launch YouTube Video Series“Conversations with Chris Ploof” covers tips for men buying wedding bands, behind-the-scenes footage of Ploof in his studio, and more.
Lab-GrownMar 20, 2025
Beyond Jewelry: Possibilities in the Lab-Grown Diamond SectorAs lab-grown diamond brands pop up across India, academics are researching how to grow demand outside of the jewelry industry.
FinancialsMar 19, 2025
Signet Jewelers to Close Stores, Cut Staff Amid Declining SalesThe moves are part of the retailer’s new turnaround plan, “Grow Brand Love,” which also includes emphasizing brand loyalty over store banners.
CollectionsMar 19, 2025
Jessica McCormack’s New Collection Elevates Office WearThe “Rush Hour” campaign stars Zoë Kravitz in bold, wearable pieces designed to make a statement in the workplace.
WatchesMar 19, 2025
Breitling Acquires Another Watch Brand From the 1800sBreitling is reviving Gallet, which was founded in 1826 and is known for making watches used in the early days of long-distance travel.
