By Michelle Graff
New York--Richline Group Inc. is in the process of making another acquisition, this time inking a deal to scoop up Chrysalis, a line of stackable bangle bracelets adorned with talismans, good luck charms and spiritual symbols. 

Andy and David Maine established Chrysalis in 2007 following a chance meeting in London’s Portobello Market. The line of bracelets, which is now sold worldwide, grew out of their mutual love of jewelry and travel. 

Chrysalis offers both 14-karat gold-plated and rhodium-plated sterling silver bangles as well as expandable bracelets with gemstone beads, both of which can be adorned with charms. Its collections have names like Life, Good Fortune and Chakra, and the brand also has an Initials collection. Retail prices start around $30.  

Chrysalis’ bracelets resemble those of another popular line of bangles with charms, Alex and Ani, the Cranston, R.I.-based company founded in 2004 by Carolyn Rafaelian. 

“Chrysalis is a leader in the growing trend of unique and personal stackable bracelets,” said Ramona Genao-Archibald, Richline’s executive vice president of merchandising. “We could not be more excited to be a part of one of the first, and hottest, new trends in jewelry since the introduction of charm bead jewelry.” 

The Berkshire Hathaway-owned Richline Group has made a number of acquisitions in recent years, including the Honora pearl brand in 2013 and Rio Grande that same year. 

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