CRANSTON, R.I. (CBS) Jewelry company Alex And Ani has filed for bankruptcy. The Rhode-Island based business was founded in 2004 and its charm bangle bracelets became extremely popular.
Why is Alex and Ani so popular?
It’s clear that Alex and Ani jewelry is steeped in positivity and deep meaning. People who wear Alex and Ani jewelry wear it as more than a decorative embellishment. … People love Alex and Ani jewelry because it represents something unique about themselves and their journey.
Is Alex and Ani gold?
At ALEX AND ANI, precious metals are featured in our fine jewelry collection. Each piece has a base that is made of authentic, . 925 sterling silver. From there, many designs also come with 14kt gold plating, so what you choose depends on your preferred finish.
Where is Alex and Ani from?
Cranston, Rhode Island Alex and Ani is an American retailer and producer of jewelry located in Cranston, Rhode Island.
What is Rafaelian gold?
Rafaelian Gold Finish and Rafaelian Silver Finish are nickel-free. … They are a rich, eco-friendly matte Silver and Gold finish plated on a brass base. They have an antique look from the oxidation process and are coated with anti-tarnish to protect the piece and hold its finish.
Who is the owner of Alex and Ani?
Carolyn Rafaelian The little jewelry maker, originally from Cranston, made it so big they had their own Super Bowl ad. Carolyn Rafaelian founded Alex and Ani, named after her two oldest daughters, in 2004. By 2017, the company had 100 locations and Rafaelian was on the cover of Forbes with a $1 billion net worth.
Is ALEX AND ANI in financial trouble?
The Rhode Island-based jewelry company became wildly popular for its charm bangle bracelets. … PROVIDENCE Alex and Ani, the Rhode Island-based jewelry company that grew into a billion-dollar business, filed for Chapter 11 bankruptcy protection in Delaware on Wednesday.
Can I wear ALEX AND ANI in water?
Always remove your jewelry before swimming, bathing, doing household chores or using abrasive cleaners. … Our signature polishing cloth effectively cleans all your ALEX AND ANI jewelry.
Can I wear ALEX AND ANI bracelets in the shower?
Answer: It’s not recommended that you wear Alex and Ani bracelets in the shower, while swimming, or while doing other physical activities. Moisture will increase the speed at which your bracelet oxidizes. If it does get wet, pat it dry with a cloth and make sure all moisture is gone before storing it.
Is rafaelian silver real?
The shiny silver is very shiny and looks like the real silver and does not tarnish. The Rafaelian silver is darker and looks antiquish without the shine, but does not tarnish or get darker with wear. Then there is the real silver plated and that is silver plated over brass I think.
What does Coppure mean?
After much research and deliberation about materials, the answer was clear copper. Copper is an ancient metal rich with history. … We call this facet of our jewelry COPPURE a harmonious blend of the amplifying metal with meaning and symbolism.
Is Alex and Ani ethical?
Clean Metals Our metals are carefully crafted with safe materials and eco-friendly fabrication, a.k.a., they’re all nickel-free and pass the highest level of testing in the U.S., the country where all ALEX AND ANI jewelry is made. Wear what you believe in. Believe in what you wear.
Is rafaelian gold real gold?
Top critical review They’re so delicate and pretty on just about everyone. The only negative is that, because they aren’t real silver or gold, they tarnish sooooo quickly. Within a month or so of everyday use, the silver was already chipped off the tops (I own a few of them).
How do you clean rafaelian silver?
If your Rafaelian or Shiny Finish jewelry requires further cleaning, dip the piece in mild soap and water and gently wipe with a soft cloth. After wiping, rinse in fresh water and pat dry.
What material are Alex and Ani bracelets made of?
– Alex And Ani Bracelets are made of recycled material, so it goes through an aging process, which is just the beauty of the bracelet. Also, Alex and Ani bracelets are made from recycled brass and they have a Russian silver or Russian gold finish.
Why is Alex and Ani closing?
In 2020, COVID-19 forced the company to pause its key strategic growth initiatives, temporarily close stores and scale back its operations in light of reduced in-store customer demand, Robert Trabucco, Alex and Ani’s chief restructuring officer, said in a statement.
What happened Carolyn rafaelian?
Rafaelian stepped down as CEO in the fall of 2019 and was named chief creative officer. However, by early May 2020, she had been fired from that role. As part of her deal to give up shares in her company, Rafaelian claims Lion agreed to fund two new ventures by her up to $1 million.
What is Alex and Ani worth?
Alex and Ani is a jewellery company founded by Rafaelian in the year 2004. The company is named after her two eldest daughters, Alex and Ani. The annual revenue of Alex and Ani grew from $5 million in 2010 to over $500 million in 2016. The jewellery company is credited with having increased Rafaelian’s net worth.
Who is the CFO of Alex and Ani?
Andrea Ruda Andrea Ruda serves as the Chief Financial Officer of Alex and Ani.
How do you remove oxidation from ALEX AND ANI bracelets?
How do you store ALEX AND ANI jewelry?
Always store each piece separately, especially our expandable necklaces. The best way to store your necklaces is to hang them. Apply beauty products such as perfume, hairspray or deodorant before wearing your jewelry as certain chemicals in these products may damage the finish.
How do ALEX AND ANI bracelets work?
Place the bracelet on your wrist, lean it against your body, and pull your ALEX AND ANI tag towards you. … Grab your bead and wrap it around your wrist to avoid the dangling chain (some prefer the look of the chain dangling, others prefer it tight).
Is halos and glories made by ALEX AND ANI?
HALOS & GLORIES Trademark of Alex and Ani, LLC – Registration Number 5341348 – Serial Number 86873863 :: Justia Trademarks.
Are ALEX AND ANI bracelets on Amazon authentic?
Yes this Alex and Ani bracelet is 100% Authentic comes with original box and card.
How do you clean ALEX AND ANI with baking soda?
Alex and Ani bracelets on right have been cleaned with baking soda! Line dish with aluminum foil, cover generously with baking soda, and pour boiling water on top to cover. Let sit for a few minutes. Look almost like new!
