Posts Tagged ‘Honora’

Sajen Silver, Honora And Michael Anthony Fall Under Warren Buffett’s Wing

July 31, 2013

It appears that a number of home shopping network vendors — Sajen Silver, Honora and Michael Anthony — are now either owned or designing for Richline Group Inc., which is a unit of Berkshire Hathaway Co.

Berkshire’s chairman, by the way, is master investor Warren Buffett. Richline Group makes and markets fine jewelry.

We were checking the website for Sajen Silver, which has been owned by Marianna and Richard Jacobs, and its homepage said that the Jacobs are now designing jewelry for the Richline Group. The Jacobs are former ShopNBC vendors who are now on HSN.

http://www.sajenjewelry.com/

Marianna and Richard Jacobs, of Sajen Silver, are now designing for Richline Group

Marianna and Richard Jacobs, of Sajen Silver, are now designing for Richline Group

We went to the Richline Group site, and found that its companies include Michael Anthony, the HSN vendor whose specialty is rope gold chains.

http://www.richlinegroup.com/index.php

There was also a press release, dated May 30, that said the Richline Group was acquiring freshwater pearl purveyor Honora, a QVC vendor. Honora President and CEO Joel Schechter is a frequent guest on QVC. That deal is supposed to close this month, July. The purchase price wasn’t disclosed.

We’re assuming that formerly family-owned companies like Michael Anthony and Honora need the financial backing that the Richline Group can supply in order to grow and expand.

Here’s part of the Honora press release:

Click to access Honora-Richline%2020130528.pdf

For over 60 years of being family owned and operated, HONORA has stood for value and quality in the jewelry industry, and is now known as the premier freshwater cultured pearl brand in the USA.

Dennis Ulrich, CEO of Richline Group, said that “CEO, Joel Schechter and President, Ralph Rossini have created and managed a unique, branded entity that has a great product line, talented people and long-term relationships with its clients.”

Honora's Joel Schechter

Honora’s Joel Schechter

Joel Schechter commented, “We are tremendously excited about our future as a member of the Richline Group, and look forward to leveraging their tremendous strengths as we continue growing the HONORA
brand to consumers.

HONORA’s president, Ralph Rossini, said “The entire HONORA team takes great pride in the brand we have
built over the years. We look forward to utilizing Richline’s expertise and vast resources to expand our brand and strategic opportunities.”

In the new corporate structure, Mr. Schechter and Mr. Rossini will remain to run the company as a standalone brand within the Richline Brands division of the Berkshire Hathaway Company.

Dave Meleski, Richline Group’s President, stated “a key goal of this acquisition is the utilization of our financial support and collaboration to fully champion HONORA, as a brand, for domestic and International growth. HONORA expands our product assortment positioning as a dominate player in the pearl jewelry category.”

‘GMA’s’ Lara Spencer Joins QVC’s Hampton’s Charity Event For Ovarian Cancer Research

July 21, 2012

We’ve cringed every time we’ve seen Lara Spencer, of “Good Morning America,” dressed up as Wonder Woman for a QVC promo on “Super Saturday Live.” How annoying.

But it is for a great cause. She’s helping QVC raise money for ovarian cancer.

Lara Spencer

The home shopping network is teaming up with the Ovarian Cancer Research Fund (OCRF) for “QVC Presents Super Saturday Live,” which is scheduled to air live from the Hamptons on Saturday, July 28, at 2 p.m.

During this two-hour “designer charity sale,” fashion, beauty, jewelry, accessories and home items will be available at half the manufacturer’s suggested retail price with net proceeds benefiting OCRF.

Laura Geller, Peter Thomas Roth, Amrita Singh, Honora, B. Makowsky and more will be featured during the live broadcast from OCRF’s Super Saturday.

Fashion designer Isaac Mizrahi is also scheduled to give viewers a sneak peek of his new Isaac Mizrahi New York line by offering a special item during the event.

In addition to raising awareness through fabulous finds, “QVC Presents Super Saturday Live” will take viewers on the red carpet with exclusive interviews with celebrities attending the charitable event.

“QVC’s efforts surrounding Super Saturday have been integral to OCRF’s overall mission of advancing the field of ovarian cancer research,” OCRF CEO Audra Moran said in a statement. “As a result of our relationship, our message extends beyond the Hamptons and into millions of U.S. homes.”

Joining QVC and OCRF in the fight against the deadliest of all gynecologic cancer is Lara Spencer, of “Good Morning America,” who is featured in both print and television public service announcements for “QVC Presents Super Saturday Live.”

“QVC is passionate about spreading OCRF’s message, and our hope is to heighten awareness with each broadcast,” said QVC CEO U.S. Claire Watts. “We are thrilled to have Lara Spencer’s support this year, plus we are excited about our new Pinterest initiative.”

QVC has turned to the social media network to launch a dedicated Pinterest campaign designed to bring even greater support to OCRF’s cause. The multimedia retailer created a Super Saturday board, which includes pins with Spencer and facts surrounding ovarian cancer. Followers are encouraged to repin with a purpose. For every repin, QVC will donate 50 cents, up to $5,000, to OCRF.