& Colvard, Ltd. (NASDAQ: CTHR), the original and leading
worldwide source of moissanite, today announced their partnership with Gemvara,
a leading online retailer of customizable fine jewelry. Gemvara, a
Richline Group company, will showcase Charles & Colvard Forever One™ on
its unique, world-class e-commerce platform. Forever One moissanite is a
colorless gem in the coveted D-E-F range that is known for its
unsurpassed fire and brilliance.
“Launching conflict-free moissanite from Charles & Colvard continues our
mission of providing customers with the selection and choice they need
to customize their perfect piece of jewelry. We offer customers 30
gemstones and 9 metals to select from for almost all of our thousands of
designs, and we’re excited to have moissanite as our newest option. The
stone offers more brilliance than a diamond at a lower price point and
with clear conflict-free status,” said Matt Nichols, Gemvara’s CEO.
“We’re thrilled to be distributing our Forever One moissanite through
Gemvara. This is part of our omni-channel strategy; being everywhere the
modern consumer is shopping. Gemvara is an ideal partner for Charles &
Colvard given their appeal to the bridal and millennial-oriented
customer,” said Suzanne Miglucci, president and CEO of Charles &
Colvard. “We’re pleased to be an integral part of Gemvara’s innovative,
next generation, personalized jewelry shopping experience.”
The consumer landscape is continuously changing. Charles & Colvard
believes that Millennials and Gen Xers have the buying power and are
driving revolution in the jewelry sector. Gemvara continues to be a
leader in this industry shift with the addition of Charles & Colvard
Forever One moissanite, which eliminates the artificial distinctions
between value and beauty and offers socially responsible fine jewelry to
the consumer who is thinking beyond traditional choices such as diamonds.
Each Charles & Colvard Created Moissanite® gemstone comes
with a Certificate of Authenticity and a Limited Lifetime Warranty from
Charles & Colvard. Laser inscriptions are engraved on Forever One
gemstones, attesting that each gemstone meets the highest standards of
Charles & Colvard’s quality specifications.
For more information on Charles & Colvard Created Moissanite, please
About Charles & Colvard, Ltd.
Charles & Colvard, Ltd., based in the Research Triangle Park area of
North Carolina, is the world’s only source of Forever Classic™, Forever
Brilliant®, and Forever One™ moissanite gemstones, which
surpass the fire and brilliance of diamonds. Moissanite is unique,
available in three color grades (colorless, near-colorless, and faint
color), and created from silicon carbide (SiC) crystals for fine
jewelry. Charles & Colvard Created Moissanite® is sold
with a Certificate of Authenticity and Limited Lifetime Warranty to
wholesale distributors, manufacturers, retailers, TV shopping networks,
and designers as loose stones or set in a wide variety of quality metal
setting options. Charles & Colvard, Ltd. also sells direct to consumers
through its wholly owned operating subsidiary, Moissanite.com,
LLC. Charles & Colvard, Ltd.’s common stock is listed on the NASDAQ
Global Select Market under the symbol “CTHR.” For more information,
please visit www.charlesandcolvard.com.
Gemvara is the revolutionary leader of fine jewelry shopping online.
Every piece of heirloom-quality jewelry is skillfully handcrafted to
order. Gemvara combines the values of traditional jewelry creation with
modern technology to truly provide shoppers with fine jewelry exactly
the way they want it, plus a shopping experience that is creative and
fun. Gemvara is headquartered in Boston, MA and was acquired by the
Richline Group in April of 2016.
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