News

Advanced Search

KGK Group Acquires Stake in Unique Settings

Jun 7, 2018 5:00 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


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.
Tags: Entice, Gregg Ruth, JCK Las Vegas, just-in-time delivery, KGK Group, Martin Flyer, Rapaport News, Unique Settings
Similar Articles
NRF 150US Retail Sales Up in July, Says NRF
Aug 19, 2018
US retail sales increased in July, as consumers continued to spend despite fears over the escalating trade war.
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.