It is located in Marin County, California.
In Latest Acquisition, Quality Gold Buys De-ani
The California-based manufacturer is known for its gold and sterling silver pendants.
Fairfield, Ohio—Quality Gold has acquired De-ani, a California-based manufacturer best known for its gold and sterling silver pendants, for an undisclosed amount.
It is the latest in a series of acquisitions for Quality Gold as the company “continues to accelerate our growth potential and product offerings,” CEO Michael Langhammer said in a company statement.
All operations, including the invoicing and shipping of De-ani merchandise, has been moved to Quality Gold’s facility in Fairfield, Ohio.
Quality Gold plans to publish a charm and pendant catalog, which will include the De-ani Collection, in May.
New De-ani styles will gradually become available online at QGold.com and in Quality Gold’s printed catalogs throughout the next year, the company said.
De-ani founders Richard and Robin Elmassian said they plan to assist Quality Gold as part of the transition team.
“Richard and Robin are involved in the transition. Once that is finished, they then will be primarily working with our design staff on product development to grow our charm line,” a Quality Gold spokesperson said in an email to National Jeweler.
The acquisition is part of a long-term strategic plan to strengthen the company’s vertical positioning, said Quality Gold Chief Operating Officer Jason Langhammer.
The company has been amassing quite the empire over the last few years, making acquisitions across the United States and overseas.
Its list of acquisitions includes gold jewelry supplier Leslie’s, California-based supplier Star Ring Inc. and its Romance Ring division, giftware and jewelry company Luxury Giftware by Jere LLC, and Chicago-based supplier North American Jewelers Inc. as well as its wholly-owned subsidiary Steckbeck Jewelry PVT LTD in Mumbai.
As the ink dries on another acquisition, Jewelers Board of Trade President Richard Weisenfeld’s recent statement that the industry will continue to shrink in the coming years seems on target.
JBT tracks the number of jewelry businesses leaving the industry, divvying the “business discontinuances” into three categories: businesses that closed, consolidated via a sale or merger, or filed for bankruptcy.
The number of consolidations in North America rose 4 percent year-over-year in 2018 to 157 among retailers, wholesalers, and manufacturers, compared with 151 consolidations in 2017.
The Latest
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
It’s the second year for the event, slated to take place in October in Toronto.
Supplier Spotlight Sponsored by GIA
Sales will be paused while the relocation takes place over the next few months.
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
The retailer is moving to a newly designed space in the same shopping center.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
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.
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.
The announcement came as the company reported a 23 percent drop in production in Q1.
The three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
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.