Ritani Explained

Ritani is a jewelry company based in New York.

History

In 2012, Chief investor Cantor Fitzgerald invested $15 million in Ritani, following the Julius Klein Group selling their stake in the company.[1] In January 2014, Ritani was selected for the Forbes list of America's Most Promising Companies[2] for its unique "clicks and bricks" model that blends online shopping and brick-and-mortar stores.[3]

In June 2014, Ritani announced that the former Blue Nile CEO Diane Irvine had joined the company's board of directors. Ritani's independent jewelry store partners network has over 180 locations across the United States and Canada. The focus of "clicks and bricks" is to assist the customer in ring design,[4] Ritani also offers a free in-store preview[5] and has an inventory of over 60,000 diamonds ranging in price from $184 to $1.7 million.[6]

External links

Notes and References

  1. http://www.jckonline.com/2012/10/11/julius-klein-sells-stake-in-ritani-brand-launches-e-commerce-site Julius Klein Sells Stake in Ritani as Brand Launches E-Commerce Site
  2. https://web.archive.org/web/20130206193156/http://www.forbes.com/most-promising-companies/list/ America's Most Promising Companies List
  3. https://www.forbes.com/companies/ritani/ Ritani on Forbes America's Most Promising Companies List
  4. http://marketsmedia.com/month-bespoke-ritani/ This Month in Bespoke: Ritani
  5. https://www.bloomberg.com/video/how-is-ritani-disrupting-luxury-reatail-VQIVdS4hRE~DzBWy6Aj6yg.html How is Ritani Disrupting Luxury Retail?
  6. http://www.foxbusiness.com/on-air/opening-bell/index.html#/v/3562743327001 Dealing diamonds online