The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
Retail chain Riddle’s buys Black Hills Gold co.
Retailer Riddle’s Jewelry announced that it has acquired gold manufacturer Landstrom’s wholesale and manufacturing division.
Rapid City, S.D.--Retailer Riddle’s Jewelry announced that it has acquired gold manufacturer Landstrom’s wholesale and manufacturing division.
The terms of the deal were not disclosed. Riddle’s did not acquire the Landstrom’s name, but has instead agreed to license and use it.
Landstrom’s is the oldest manufacturer of “Black Hills Gold” jewelry, pieces with a distinctive grape and leaf design in three colors that reportedly had their origin in the Gold Rush days, after the metal was discovered in the Black Hills of South Dakota. The company says it is the “only true heir” to the original Black Hills Gold designs, tools and manufacturing methods created more than 100 years ago.
Landstrom’s name recognition was one of the main reasons that they wanted to buy the business, Riddle’s CFO David Westergaard said in a statement.
Management at Landstrom’s will stay the same, according to Riddle’s, and day-to-day operations will also not change at the company.
“The decision to merge was due to a mutual desire to combine manufacturing and marketing efforts to achieve certain economies of scale and opportunities for diversification,” Westergaard said. “Overall, we feel the climate in the Black Hills, and nationwide, is strong for American-made products.”
Robert Lemley, grandson of founder Ivan Landstrom, continues to hold the rights to the Landstrom’s name. The company also has a jewelry store in Rapid City, which was not part of the deal and operates as a separate entity.
Rapid City-based Riddle’s was founded in 1959 and now owns and operates 45 stores across the Midwest.
Landstrom’s, which is also in Rapid City, is the oldest Black Hills manufacturing company.
It began as the Black Hills Jewelry Manufacturing Company in 1878 and then separated into two entities in 1919 before rejoining again when Landstrom’s purchased the F.L. Thorpe and Company in 1995.
The Latest
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The announcement came as the company reported a 23 percent drop in production in Q1.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.