QVC Vendor Scott Kay Jewelry Sold to Frederick Goldman Inc.

We learned from a story written by our colleague at our day job that Scott Jay Inc., the sterling silver jewelry company, has been sold in the wake of its founder/designer dying suddenly last year.

Scott Kay, whose gorgeous weighty silver necklaces we have coveted and purchased, had a lower-priced line in the works for QVC when he passed away last year of a heart attack. The collection debuted on the home shopping network this year, with one of his daughters appearing on the shows.

http://www.qvc.com/jewelry/scott-kay/_/N-mfluZ1z137z3/c.html?identifier=1001&cm_re=BRAND-_-Scott+Kay-_-BYALPHABET&cm_sp=BRANDLINKS-_-BRANDS-AZ-_-Scott+Kay

Kay’s company, based in our beloved New Jersey in Teaneck, has since been acquired by Manhattan-based Frederick Goldman Inc., which does bridal and fashion jewelry.

http://www.northjersey.com/news/business/n-j-awards-16-million-break-to-move-n-y-jewelry-company-to-secaucus-1.1352024

Frederick Goldman has received $16 million in tax incentives from New Jersey to move its HQ and manufacturing facility to Secaucus, N.J., bringing 214 jobs with it.

It appears, although it’s a little unclear, that the Scott Kay folks will be moved there, too.

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