Swarovski acquires Chamilia
by eyetee | May 21, 2013 3:36 pm
[1]It would seem Swarovski can’t get enough of Chamilia.
Once an investor in the Minneapolis-based company, Swarovski has acquired the bead company. According to various news reports, company co-founder and head designer Killian Reider and her husband, Jeff Julkowski, appear to have no formal role.
In 2011, the two companies announced they had formed a partnership, creating and selling a collection of beads sold exclusively at Swarovski stores around the world. No details were released at the time as to how great a stake the crystal company had bought.
According to JCK Online, Chamilia will operate as an independent business.
- [Image]: http://www.jewellerybusiness.com/wp-content/uploads/2013/05/SB_Chamilia_Soho_Drop_Neckl.jpg
Source URL: https://www.jewellerybusiness.com/news/swarovski-acquires-chamilia/