Reign Sapphire Corporation (OTCQB: RGNP) Signs Exclusive International Distribution Agreement for Qatar
Second Middle East Agreement for Coordinates Collection
Reign Sapphire Corporation (OTCQB: RGNP) Announces Closing of Acquisition of Coordinates Collection Inc.
BEVERLY HILLS, CA December 12, 2016 - Reign Sapphire Corporation (OTCQB: RGNP), a jewelry company that sells branded and custom jewelry direct to consumers, today announced the signing of an exclusive international distribution agreement for Qatar for Reign Brands, Coordinates Collection and Le Bloc.
On December 5th, Reign Sapphire Corporation announced the completion of its acquisition of 100% of the assets of custom jewelry company, Coordinates Collection Inc.
Founded in 2012, Coordinates Collection offers customized jewelry that uses materials such as semi-precious to precious metals and stones, as well as ceramic coatings. The company sells bracelets, rings, and necklaces that display the latitude and longitude of any place that represents a special memory to the customer.
Coordinates Collection is distributed predominately online, with retail distribution in Dubai through its flagship brick and mortar store in the Mall of Dubai. Products are designed and manufactured in Los Angeles, CA.
Joseph Segelman, Reign Sapphire Corporation, CEO, said, "We are pleased to announce our second international agreement in the Middle East and look forward to continued growth in the region."
Owen De Vries, Reign Brands Head of International Business Developments and Strategic Partnerships, added, "We are excited with the caliber of our international partners and are delighted to announce our latest international agreement."
About Coordinates Collection.
Coordinates Collections brands, including Le Bloc and Coordinates, combine quality craftsmanship and timeless designs to provide a personalized shopping experience to commemorate life's most memorable moments: http://www.coordinatescollection.com.
About Reign Sapphire Corporation
Based in Beverly Hills, California, Reign Sapphire Corporation is a fully-reporting, DTC-eligible company, established as a "mine-gate to retail" model for fine sapphires - rough sapphires to finished jewelry, a color gemstone brand, and a jewelry brand featuring Australian sapphires, https://www.reignsapphires.com/, http://www.reignsc.com/.
Reign Sapphire Corporation Announces Closing of Acquisition of Coordinates Collection Inc.
December 5, 2016 / Reign Sapphire Corporation, (OTCQB: RGNP) ("Reign" or the "Company"
, a jewelry company that sells branded Australian Sapphire Jewelry direct to consumers, today announced the completion of its previously announced acquisition of 100% of the assets of custom jewelry company, Coordinates Collection Inc.
Founded in 2012, Coordinates Collection offers customized jewelry that uses materials such as semi-precious to precious metals and stones, as well as ceramic coatings. The company sells bracelets, rings, and necklaces that display the latitude and longitude of any place that represents a special memory to the customer.
Coordinates Collection is distributed predominately online, with retail distribution in Dubai through its flagship brick and mortar store in the Mall of Dubai. Products are designed and manufactured in Los Angeles, CA.
Joseph Segelman, Reign Sapphire Corporation, CEO said, "We are very pleased to complete the acquisition within our anticipated closing dates, allowing the company to move into 2017 as a business with established revenue. This transaction represents an opportunity to expand in the jewelry industry both online and in retail. Coordinates Collection adds an established infrastructure, human resources, intellectual property, supply chain, product, up and downstream distribution, geographic expansion, and revenue synergies that will support our collective Brands throughout the US, Europe, Asia, and the Middle East."
He went on to say, "We are excited to retain founder Owen De Vries, who will continue as Head of International Business Development and Strategic Partnerships across the Reign group of companies, while also retaining Coordinates Collection Inc.'s team and infrastructure in downtown Los Angeles, providing expansion opportunities for Reign related to sales and marketing, distribution, and research and development. Coordinates Collection has established Widgets, a 3D Web Simulator and a retail display and guided sales technology kiosk which create a scalable, personalized experience, further complementing Reign's Concierge, VIP Service and online shopping approach."
About Coordinates Collection.
Coordinates Collections brands, including Le Bloc and Coordinates, combine quality craftsmanship and timeless designs to provide a personalized shopping experience to commemorate life's most memorable moments: http://www.coordinatescollection.com.
About Reign Sapphire Corporation
Based in Beverly Hills, California, Reign Sapphire Corporation is a fully reporting, DTC eligible company, established as a "miners-gate to retail" model for fine sapphires - rough sapphires to finished jewelry, a color gemstone brand, and a jewelry brand featuring Australian sapphires; https://www.reignsapphires.com/, http://www.reignsc.com/.
Second Middle East Agreement for Coordinates Collection
Reign Sapphire Corporation (OTCQB: RGNP) Announces Closing of Acquisition of Coordinates Collection Inc.
BEVERLY HILLS, CA December 12, 2016 - Reign Sapphire Corporation (OTCQB: RGNP), a jewelry company that sells branded and custom jewelry direct to consumers, today announced the signing of an exclusive international distribution agreement for Qatar for Reign Brands, Coordinates Collection and Le Bloc.
On December 5th, Reign Sapphire Corporation announced the completion of its acquisition of 100% of the assets of custom jewelry company, Coordinates Collection Inc.
Founded in 2012, Coordinates Collection offers customized jewelry that uses materials such as semi-precious to precious metals and stones, as well as ceramic coatings. The company sells bracelets, rings, and necklaces that display the latitude and longitude of any place that represents a special memory to the customer.
Coordinates Collection is distributed predominately online, with retail distribution in Dubai through its flagship brick and mortar store in the Mall of Dubai. Products are designed and manufactured in Los Angeles, CA.
Joseph Segelman, Reign Sapphire Corporation, CEO, said, "We are pleased to announce our second international agreement in the Middle East and look forward to continued growth in the region."
Owen De Vries, Reign Brands Head of International Business Developments and Strategic Partnerships, added, "We are excited with the caliber of our international partners and are delighted to announce our latest international agreement."
About Coordinates Collection.
Coordinates Collections brands, including Le Bloc and Coordinates, combine quality craftsmanship and timeless designs to provide a personalized shopping experience to commemorate life's most memorable moments: http://www.coordinatescollection.com.
About Reign Sapphire Corporation
Based in Beverly Hills, California, Reign Sapphire Corporation is a fully-reporting, DTC-eligible company, established as a "mine-gate to retail" model for fine sapphires - rough sapphires to finished jewelry, a color gemstone brand, and a jewelry brand featuring Australian sapphires, https://www.reignsapphires.com/, http://www.reignsc.com/.
Reign Sapphire Corporation Announces Closing of Acquisition of Coordinates Collection Inc.
December 5, 2016 / Reign Sapphire Corporation, (OTCQB: RGNP) ("Reign" or the "Company"
, a jewelry company that sells branded Australian Sapphire Jewelry direct to consumers, today announced the completion of its previously announced acquisition of 100% of the assets of custom jewelry company, Coordinates Collection Inc. Founded in 2012, Coordinates Collection offers customized jewelry that uses materials such as semi-precious to precious metals and stones, as well as ceramic coatings. The company sells bracelets, rings, and necklaces that display the latitude and longitude of any place that represents a special memory to the customer.
Coordinates Collection is distributed predominately online, with retail distribution in Dubai through its flagship brick and mortar store in the Mall of Dubai. Products are designed and manufactured in Los Angeles, CA.
Joseph Segelman, Reign Sapphire Corporation, CEO said, "We are very pleased to complete the acquisition within our anticipated closing dates, allowing the company to move into 2017 as a business with established revenue. This transaction represents an opportunity to expand in the jewelry industry both online and in retail. Coordinates Collection adds an established infrastructure, human resources, intellectual property, supply chain, product, up and downstream distribution, geographic expansion, and revenue synergies that will support our collective Brands throughout the US, Europe, Asia, and the Middle East."
He went on to say, "We are excited to retain founder Owen De Vries, who will continue as Head of International Business Development and Strategic Partnerships across the Reign group of companies, while also retaining Coordinates Collection Inc.'s team and infrastructure in downtown Los Angeles, providing expansion opportunities for Reign related to sales and marketing, distribution, and research and development. Coordinates Collection has established Widgets, a 3D Web Simulator and a retail display and guided sales technology kiosk which create a scalable, personalized experience, further complementing Reign's Concierge, VIP Service and online shopping approach."
About Coordinates Collection.
Coordinates Collections brands, including Le Bloc and Coordinates, combine quality craftsmanship and timeless designs to provide a personalized shopping experience to commemorate life's most memorable moments: http://www.coordinatescollection.com.
About Reign Sapphire Corporation
Based in Beverly Hills, California, Reign Sapphire Corporation is a fully reporting, DTC eligible company, established as a "miners-gate to retail" model for fine sapphires - rough sapphires to finished jewelry, a color gemstone brand, and a jewelry brand featuring Australian sapphires; https://www.reignsapphires.com/, http://www.reignsc.com/.
