KGK Jewellery Manufacturing will take over the wholesale jewelry business for the Judith Ripka brand, in a deal struck by brand owner Xcel Brands.
Under the new agreement, KGK will have the license to manufacture, source, sell, and distribute fine jewelry, diamond jewelry and bridal jewelry under the Ripka name.
Luxury retailers, better department stories and specialty fine jewelers worldwide will carry the new Ripka jewelry.
“I am very excited to partner with KGK,” says Robert D’Loren, chairman and chief executive officer, Xcel Brands. “This is a powerful alliance for Xcel and KGK with strong growth potential for the wholesale jewelry business under the Judith Ripka brands.”