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The jewelry brand was founded by Lev Leviev, an Israeli diamond magnate with ties to Ivanka's husband, Jared Kushner. His daughter, Chagit Leviev, now owns the company.
Jared Kushner has been married to Trump’s eldest daughter Ivanka since 2009. ... Ivanka Trump wore over $1.1M worth of diamond jewelry at Donald Trump's inauguration. Lighter Side. Prevention.
Signet was also subject to at least two class actions through Sterling Jewelers and one of its subsidiaries, Jared—the Galleria of Jewelry. It was sued by 44,000 female employees and former employees for discrimination. The action was launched in 2008 and went to go to trial in 2018. [21] [22]
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As a marketing strategy, the Zale brothers instituted a credit plan whereby customers could pay "a penny down and a dollar a week", making jewelry and other merchandise affordable for the average working American. The success of this credit policy led to the company expanding to a total of 12 stores in Oklahoma and Texas by 1941.
A Jared-branded store in Hillsboro, Oregon in September 2012. According to the company's February 2, 2008, Annual Report & Accounts, Sterling has the number-two position in the U.S. with a 4.2% market share of all jewelry purchases. Sterling has a leading 8.8% market share in the specialty jeweler market share (highest in the sector).
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