May 21, 2019

Frederick Goldman Launches Jewelry Solutions Group; Opens New Facility Dedicated to Manfacturing Lab-Grown Diamond Jewellery

Wedding, bridal and men’s jewellery manufacturer Frederick Goldman Inc.,  recently  announced  the launch of its Jewelry Solutions Group. The jeweller simultaneously announced  the opening of a new facility dedicated to manufacturing lab-grown diamond jewellery.

“The Jewelry Solutions Group offers customers its core products and private-label jewellery, with emphasis on custom and configured engagement rings delivered in one week,” Frederick Goldman stated. “The capabilities of this new group also allow for the use of mined diamonds, as well as lab-grown diamonds.”

Jonathan Goldman, CEO of Frederick Goldman commented: “We found that the market has a need for fast on-demand solutions that are not typically offered by suppliers. Our Jewelry Solutions Group has an array of services from design, manufacturing and the ability to drop-ship directly to the consumer. We offer a turn-key solution which is a tremendous benefit to our customers.”

John Orrico, Frederick Goldman’s COO, who now also oversees the Jewelry Solutions Group, added: “Our current customers are enjoying this capability and we have seen growth in their businesses. They are expanding their product offering, reducing inventories and increasing conversion rates.”

Orrico added: “Our team of craftspeople have been trained by the finest 5th Avenue setters and jewellers in the industry. The product quality, service and delivery of our Mexico based operation has been extraordinary and we have plans to scale the capabilities as the needs grow.”

Frederick Goldman’s Mexico facility is a large, vertically integrated, full-service factory, the Company underlined. The facility was recently reconfigured to accommodate a luxury bridal cell specifically for mined diamonds; as well as a newly built separate facility for the handling of lab grown diamonds. “The factory uses recycled and responsibly sourced raw materials with the added benefit of being tariff-free,” the Company noted. “Frederick Goldman’s facility is also RJC-certified.”

 

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