RESEARCH TRIANGLE PARK, N.C., Oct. 25, 2018 (GLOBE NEWSWIRE) -- Charles & Colvard, Ltd. (Nasdaq: CTHR), the original and leading worldwide source of created moissanite, today announced a new strategic retail partnership with Macy’s to provide customers with a curated collection of Charles & Colvard lab-created moissanite jewelry.
“This new relationship with a premier, iconic retailer provides broad access to an attractive and large customer base driving nearly $25 billion in annual sales,” said Charles & Colvard President and CEO, Suzanne Miglucci. “Our initial focus is providing a custom collection of fine and fashion moissanite jewelry in Macy’s online store at Macys.com. As we validate the alignment of customer and product, our partnership provides the opportunity to expand through other Macy’s customer channels.”
“Our partnership also confirms the rapidly-growing interest in lab-created gemstone jewelry. Savvy retailers are responding to the strong interest in ethically sourced products by consumers, especially millennials1,” Ms. Miglucci concluded.
The customer assortment of Charles & Colvard engagement and fashion rings, necklaces and earrings in 14k white, yellow and rose gold is now available at https://www.macys.com/shop/featured/charles-colvard.
Key Attributes of Charles & Colvard Moissanite
Charles & Colvard premium, lab-created moissanite is both an environmentally and socially responsible choice that is setting new standards in the fine jewelry industry. Its eco-friendly roots offer an alternative to mined gemstones and its physical and optical properties outshine all natural and lab-created gemstones, while also delivering excellent ratings on the toughness and hardness scales. Moissanite boasts incredible value as it retails at a fraction of the price of a mined diamond. These attributes and countless customer recommendations and reviews make moissanite a distinctive choice among colorless stones.
About Charles & Colvard, Ltd.
Charles & Colvard (Nasdaq: CTHR) believes luxury can be beautiful and conscientious. As an e-commerce-driven business, the Company uses innovative technology and sustainable practices to lead a revolution in the jewelry industry. As the original pioneer of lab-created moissanite, a rare gemstone formed from silicon carbide, Charles & Colvard delivers a brilliant product at a revolutionary value that meets the needs of today’s discerning customer. Jewelry consumers seek Charles & Colvard products because of their exceptional quality as well as their environmental and social responsibility. Charles & Colvard was founded in 1995 and is based in the Research Triangle Park, North Carolina. For more information, please visit www.charlesandcolvard.com.
