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Gitanjali Gems acquires U.S. retailer Rogers - JB News Feed
Gitanjali Gems, one of the largest integrated diamond and jewelry manufacturers and retailers in India, has acquired U.S. retail jewelry chain Rogers for $18.5 million to boost the company's retail presence abroad, reports the Business Standard.
Gitanjali Gems has acquired a 100 percent stake in the specialty retailer, which has revenues of $80 million, according to The Hindu.
Headquartered in Middletown, Ohio, Rogers operates 46 retail stores under the brand names Rogers Jewelers and Andrews Jewelers.
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Gitanjali Gems has acquired a 100 percent stake in the specialty retailer, which has revenues of $80 million, according to The Hindu.
Headquartered in Middletown, Ohio, Rogers operates 46 retail stores under the brand names Rogers Jewelers and Andrews Jewelers.
Read Full Story
Posted by Posted by Jewelry News at Tuesday, November 20, 2007 8:33 AM 
Categories: Jewelry Retail News, Rogers Jewelers, Gitanjali Gems
Categories: Jewelry Retail News, Rogers Jewelers, Gitanjali Gems
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