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Alex and Ani’s bankruptcy proceedings that began in June followed the traditional grooves of the process when it stated its plans to shutter some 37 stores. But the stress of the COVID-19 ...
The company first manufactured its jewelry in a factory that was founded by Rafaelian's father in 1966 [3] and all materials were made in America. [4] The first retail Alex and Ani store opened in Newport in 2009, [3] and in addition to the stand-alone stores, the jewelry was sold through national departments stores. [5]
In 2004 Rafaelian founded Alex and Ani, a jewelry line named after her two eldest daughters. [4] The brand started with five cocktail rings and expanded into a full line of jewelry anchored by its patented expandable wire bangle. [7] Rafaelian has been interviewed by newspapers regarding current events, including the New York Daily News. [9]
Science & Tech. Shopping. Sports
In 2011, The Paper Store invested over $10 million to build "shop within a shop" areas featuring the jewelry brand Alex and Ani in many of their stores - a significant move for the company. [7] As of 2022, The Paper Store had expanded to include 100 brick and mortar locations throughout the Northeast and Florida. Bob's son Tom Anderson is CEO.
Bankruptcy helps facilitate rejecting store leases, but the terms of those rejections are coming under the microscope in the pandemic era. Alex and Ani’s Ch. 11 Journey and Store Leases Skip to ...
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