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Stuller renews agreement with Charles & Colvard
09
Nov '09
Charles & Colvard Ltd, the sole manufacturer of moissanite jewels, The Most Brilliant Jewel in the World, announced that it has signed a new and expanded distribution agreement with Stuller, Inc., North America's largest manufacturer and supplier of gemstones, finished jewelry and jewelry-related products to independent retail jewelers.

Under the terms of the agreement, Stuller has the right to sell Charles & Colvard Created Moissanite as either a loose jewel or in manufactured jewelry in North America through December 31, 2010. Together, Stuller and Charles & Colvard will collaborate to increase moissanite sales in the near-term as well as build a foundation for a sustainable long-term partnership.

George R. Cattermole, Interim Chief Executive Officer and Chairman of the Board of Charles & Colvard stated, “Stuller is a premier organization with an excellent reputation among its customer base and within the jewelry industry. We are very proud to be part of the Stuller distribution network. We look forward to working closely with the Stuller team to grow the Charles & Colvard brand, and we believe the provisions of our new agreement will help us both to fulfill this objective.”

“We are extremely pleased to renew our agreement with Charles & Colvard,” said Kerry Hand, Stuller's Executive Director of Marketing and Public Relations. “We believe many retail jewelers have come to truly appreciate the business opportunity created by Charles & Colvard Created Moissanite. For this reason, we look forward to re-establishing a strong brand among fashion-minded consumers in the North American jewelry market.”

Charles & Colvard, Ltd., based in the Research Triangle Park area of North Carolina, is the global sole source of lab-created moissanite, a unique, near-colorless jewel that is distinct from other gemstones and jewels based on its exceptional fire, brilliance, luster, durability and rarity. Charles & Colvard Created Moissanite is currently used in fine jewelry sold primarily through domestic and international retailers.

Stuller, Inc. is headquartered in Lafayette, Louisiana and was founded by Matthew Stuller in 1970. The prime jewelry manufacturer has nine operations located on three continents around the world and provides a wide range of goods and services for its customer base of more than 40,000 jewelry professionals. Stuller's core product categories include diamonds, gemstones, finished jewelry, mountings, findings, bridal jewelry, tools and supplies.

Charles & Colvard Ltd


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