The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.
Ritani makes Forbes ‘Most Promising’ list
Forbes has included bridal brand Ritani as one of “America’s Most Promising Companies,” listing the company at No. 40 out of 100.
New York--Forbes has included bridal brand Ritani as one of “America’s Most Promising Companies,” listing the company at No. 40 out of 100.
Ritani listed revenue of $13 million last year. The company also raised $14 million from Cantor Ventures and others in 2012, according to Forbes.
Headquartered in White Plains, N.Y., Ritani also has e-commerce operations in Seattle, and currently has 45 employees.
“It’s an honor to be recognized by Forbes as one of our nation’s most promising companies,” said Ritani President Brian Watkins. “We look forward to continuing our growth in 2014, welcoming customers new and old, while developing our robust network of trusted local jewelers.”
Ritani was founded in 1999 as a jewelry wholesaler, but added a direct-to-consumer business in 2012.
With its “clicks and bricks” model, Ritani allows shoppers to buy rings directly online or order them and have them sent to one of the company’s retail partners, for in-person previews and purchase.
Though Ritani was the only jewelry-specific company to appear on the list this year, WeddingWire, an online bridal marketplace, did show up at No. 27, with revenue of $34 million in 2013.
Forbes’ annual list of the 100 most promising companies in the country is a ranking of high-growth, privately held companies with annual revenue of less than $250 million. They also look at growth in sales and hiring, quality of management team and investors, margins, market size and key partnerships.
The publication had also highlighted Watkins last spring, naming him as an up-and-comer on the Leaderboard in its May 6, 2013 issue.
The Latest
He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.
The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.
There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
Ho Brothers offers scalable solutions for the future of custom jewelry.
The zone’s modernization will enhance and increase India’s jewelry manufacturing capabilities while aiding small and mid-sized businesses.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
The former WJA executive director is MFM’s new managing director.
DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.
Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.
Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.
The retailer previously turned down an $8.4 billion offer in 2018.
The Florida store’s owner Miguel Gonzalez is retiring.
The lab stresses the importance of accurate identification, as the difference in price is “substantial.”
The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.
One is reserved for a NAJA member, the other for a non-member.
Longtime employees Carie Lehrke and Megan Mattice have received promotions.
Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.
Chris Clipper and Robert Lepere join the company with 50 years of combined experience.
The trendy, metallic earrings wink at classic spring colors.
JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.
The miner’s March auction generated $19 million.