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KGK Group Acquires Stake in Unique Settings
Jun 7, 2018 5:00 AM
By Rapaport News
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RAPAPORT... India’s KGK Group has bought a stake in Unique Settings, the
New York-based retailer said last week.
The two companies announced the partnership at the JCK Las
Vegas show, noting that Unique Settings’ just-in-time services — which allow
the company to deliver a finished product within seven days — complemented
KGK’s current offering.
Unique Settings, with approximately 200 employees, specializes
in bridal jewelry and wedding bands. The retailer also offers jewelry
customization, including making changes to existing pieces, and creating
jewelry based on a sketch.
While KGK plans to keep Unique Settings in the US, the
company will relocate some back-office functions to India.
KGK Group, a manufacturer of diamonds, gemstones and jewerlry, also owns Entice, Martin Flyer and Gregg Ruth.
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Tags:
Entice, Gregg Ruth, JCK Las Vegas, just-in-time delivery, KGK Group, Martin Flyer, Rapaport News, Unique Settings
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