Charles & Colvard, Ltd. Announces the Resignation of Jaqui Lividini as Member of the Board of Directors
September 30, 2019 at 04:10 pm EDT
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On September 25, 2019, Jaqui Lividini resigned as a member of the Board of Directors of Charles & Colvard, Ltd., effective as of the close of business on September 25, 2019, due to the demands of her growing business. Her resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Charles & Colvard, Ltd. is a fine jewelry company that specializes in moissanite and lab grown diamonds. The Company operates through two segments: Online Channels and Traditional. The Online Channels segment consists of e-commerce outlets, including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets. The Traditional segment consists of wholesale and retail customers, including its own Charles & Colvard Signature Showroom and charlesandcolvarddirect.com. The Company manufactures, markets, and distributes Charles & Colvard Created Moissanite and finished jewelry featuring moissanite, including Forever One, the Companyâs premium moissanite gemstone brand, for sale in the worldwide fine jewelry market. The Company also markets and distributes Caydia lab grown diamonds and finished jewelry featuring lab grown diamonds for sale in the worldwide fine jewelry market.