The announcement coincided with its full-year results, with growth driven by its jewelry brands.
Former Scott Kay, David Yurman exec joins Judith Ripka
David Minster has been named CEO of the wholesale division of Judith Ripka Ltd., which is handled by KGK Jewellery Manufacturing.
New York--David Minster has been named CEO of the wholesale division of Judith Ripka Ltd.
Minster most recently served as the CEO of Scott Kay Inc., and was the first CEO in the company’s history when he was hired in August 2013. He remained with company until Kay died suddenly at the end of 2014 and the Scott Kay brand was acquired by manufacturer Frederick Goldman.
Before Scott Kay, Minster spent nearly 12 years as the chief operating officer at David Yurman.
Also new to the Judith Ripka team is Evert DeGraeve, who is spearheading design and merchandising for the brand. He has more than 20 years’ experience in executive and product development, working for companies including David Yurman, Mikimoto and Harry Winston.
DeGraeve also is a trained goldsmith who worked at the bench in England, Germany and, now, the United States.
Handling marketing and branding for Judith Ripka Ltd. is Fran Pennella of Benali Consulting LLC. Pennella has 17 years of experience in jewelry industry brand development, working with firms including David Yurman, Mastoloni and JCK Events.
The newly installed team said one of their goals is to bring a “fresh perspective to the DNA of the highly recognizable Judith Ripka brand,” which was founded by Judith Ripka in 1977.
At Baselworld, the brand had a sketch on display of one-of-a-kind bracelet and necklace suite designed to feature more than 64 carats of Colombian emeralds that it plans to finish and have on display in time for the upcoming Couture show in Las Vegas.
Jewelry supplier and manufacturer the KGK Group, which now holds the wholesale license for Judith Ripka Ltd., sourced and cut the stones. KGK also owns the Martin Flyer and Gregg Ruth brands.
The company acquired the wholesale license for the Judith Ripka brand in July 2014 from Xcel Brands Inc., which bought it from Ripka for $22.5 million earlier that same year.
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