Sponsored by the Gemological Institute of America
Quality Gold Acquires Giftware and Jewelry Company
Luxury Giftware by Jere will move its operations from Georgia to Ohio and founder Jere Wright will stay on board.
Fairfield, Ohio--Quality Gold announced Monday that it has purchased Luxury Giftware by Jere LLC, a wholesaler specializing in fine giftware, jewelry and collectibles.
Marietta, Georgia-based Luxury Giftware by Jere is known for its heirloom-quality jewelry boxes, assortment of bejeweled trinket boxes and Damascus steel blade knives.
Terms of the deal were not disclosed, but Quality Gold said that the two companies had a business relationship for some time before founder Jere Wright approached them about selling his company.
Quality Gold will operate and market Luxury Giftware by Jere as its own brand.
Commenting on the acquisition in a company news release, Quality Gold CEO Michael Langhammer said: “Jere has a loyal retailer base that benefits from his assortment of high-quality giftware. I have a tremendous amount of respect for the business Jere has built. He has kept current with trends in the gift industry and he has adjusted his line to meet the needs of his customers. He listens to his customers and develops product they want to display in their stores.”
The company will begin invoicing and shipping all Luxury Giftware by Jere merchandise from its Fairfield, Ohio, headquarters on May 10.
In the meantime, from May 2 to 9, business operations and on-hand inventory will be transferred from Georgia to Ohio (manufacturing is not done in the United States), and no orders will ship during that time. Any orders placed during the period time will be fulfilled and invoiced starting on May 10.
Wright will join Quality Gold, where he will continue in a sales and product development role.
A Quality Gold spokesperson said that Wright will decide whether he wants to stay in Georgia or move to Ohio but added that regardless of his location, he will be in regular communications with corporate staff located in suburban Cincinnati.
Wright will continue to attend trade shows to develop relationships with retailers, but now will located be in the Quality Gold booth. His first show with the company will be JCK Las Vegas, which runs from June 5 to 8.
He also will be a part of the transition team leading the company in its expansion and introduction of designs for Luxury Giftware through 2020.
Quality Gold did not provide information when asked if they will be retaining the employees of Luxury Giftware by Jere.
The Latest

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

The risk of laboratory-grown diamonds being falsely presented as natural diamonds presents a very significant danger to consumer trust.

The company failed to file its quarterly reports in a timely manner.


The organization also announced its board of directors.

Charms may be tiny but with their small size comes endless layering possibilities, from bracelets to necklaces and earrings.

Paola Sasplugas, co-founder of the Barcelona-based jewelry brand, received the Fine Jewelry Award.

A platinum Zenith-powered Daytona commissioned in the late ‘90s will headline Sotheby’s Important Watches sale in Geneva next month.

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

The 21 pieces, all from a private collector, will be offered at its Magnificent Jewels auction next month.

Lilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.

GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.

The Indiana jeweler has acquired Scottsdale Fine Jewelers in Scottsdale, Arizona.

“Cartier: Design, Craft, and Legacy” opened earlier this month at the Victoria and Albert Museum in London.

Van Cott Jewelers in Vestal, New York, is hosting a going-out-of-business sale.

Industry veteran Samantha Larson has held leadership roles at Borsheims, McTeigue & McClelland, Stuller, and Long’s Jewelers.
The two organizations will hold the educational event together this fall in Mississippi.

The entrepreneur and “Shark Tank” star will share his top tips for success.

The Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.

The jeweler has announced a grand reopening for its recently remodeled location in Peoria, Illinois.

The “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.

Interior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.

During a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.

The free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.

The feedback will be used to prepare other jewelers for the challenges ahead, the organization said.