Brilliant Earth

Brilliant Earth to Report Fourth Quarter and Full Year 2023 Financial Results on March 14th

Retrieved on: 
Monday, March 4, 2024

SAN FRANCISCO, Calif., March 04, 2024 (GLOBE NEWSWIRE) --  Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that it will report fourth quarter and full year 2023 earnings results after the market closes on Thursday, March 14, 2024.

Key Points: 
  • SAN FRANCISCO, Calif., March 04, 2024 (GLOBE NEWSWIRE) --  Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that it will report fourth quarter and full year 2023 earnings results after the market closes on Thursday, March 14, 2024.
  • The Company will host an investor conference call and webcast to review these financial results and business outlook at 5:00pm ET/2:00pm PT on the same day.
  • The conference call can be accessed by using the following link: Brilliant Earth’s 4Q23 Earnings Call .
  • A replay of the event will be available on the Brilliant Earth investor website after the live webcast concludes.

Brilliant Earth Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

SAN FRANCISCO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • SAN FRANCISCO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced financial results for the three and nine months ended September 30, 2023.
  • Delivered net sales of $114.2 million, a 2.5% increase year-over-year, and growth of 22% on a four-year CAGR basis
    "Our third quarter results highlight the power of Brilliant Earth's brand to drive share gains and sustainable profitable growth," said Beth Gerstein, Co-Founder and Chief Executive Officer.
  • "Most recently, the response to our largest national brand campaign in Company history, featuring our new Sol Collection, exceeded expectations and continues to further elevate and grow awareness of Brilliant Earth.
  • Third Quarter 2023 Operational Highlights:
    Strong growth in fine jewelry bookings compared to Q3 2022, with increasing fine jewelry average sales price year-over-year
    Exceeded goal of at least 35 showrooms in 2023 with 37 total showrooms as of September 30, 2023
    *Measured by Brilliant Earth’s September 2023 consumer survey.

HANNA ANDERSSON APPOINTS LISA PERLMUTTER AS CHIEF CUSTOMER OFFICER

Retrieved on: 
Wednesday, December 13, 2023

PORTLAND, Ore., Dec. 13, 2023 /PRNewswire/ -- Hanna Andersson announced today that it is appointing Lisa Perlmutter as Chief Customer Officer, a new role for the growing children's sleep and apparel company, effective December 13, 2023. In this role, Perlmutter will champion the customer across all touchpoints, driving strategic expansion and digital growth. Perlmutter brings broad experience across DTC and omnichannel retail industries, holding roles across marketing, ecommerce, and digital product management. She most recently served as the SVP Marketing and Ecommerce at Brilliant Earth, where she helped grow company revenue nearly 3x in four years. 

Key Points: 
  • Perlmutter brings broad experience across DTC and omnichannel retail industries, holding roles across marketing, ecommerce, and digital product management.
  • "A true brand champion, Lisa has shown her ability to drive results by putting the customer first," said Aimée Lapic, CEO of Hanna Andersson.
  • Before joining Brilliant Earth, Perlmutter was the Chief Marketing Officer at Wine Society, where she oversaw all marketing and ecommerce efforts.
  • Perlmutter will sit on Hanna Andersson's senior leadership team and will report directly to the company's Chief Executive Officer, Aimée Lapic.

Brilliant Earth Unveils "The Sol Collection" Featuring Camila Morrone As First-Ever Face of Brand

Retrieved on: 
Thursday, October 19, 2023

"Today marks an incredible milestone for Brilliant Earth as we launch The Sol Collection," said Brilliant Earth CEO Beth Gerstein.

Key Points: 
  • "Today marks an incredible milestone for Brilliant Earth as we launch The Sol Collection," said Brilliant Earth CEO Beth Gerstein.
  • “It's a testament to the strength of our Brand, our growth as a Company, and our steadfast commitment to elevated design, impeccable craftsmanship, and sustainable practices.
  • "It was an honor to partner with Brilliant Earth on this special campaign, a true celebration of individual style and personality," said Camila Morrone.
  • Brilliant Earth also collaborated with artist Clym Evernden, fusing the worlds of fine jewelry and artistry to bring the visual narrative of The Sol Collection to life.

Brilliant Earth to Report Third Quarter 2023 Results on November 9th

Retrieved on: 
Monday, October 16, 2023

SAN FRANCISCO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that it will report third quarter 2023 earnings results after the market closes on Thursday, November 9, 2023.

Key Points: 
  • SAN FRANCISCO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that it will report third quarter 2023 earnings results after the market closes on Thursday, November 9, 2023.
  • The Company will host an investor conference call and webcast to review these financial results and business outlook at 5:00pm ET/2:00pm PT on the same day.
  • The conference call can be accessed by using the following link: Brilliant Earth’s 3Q23 Earnings Call .
  • A replay of the event will be available on the Brilliant Earth investor website after the live webcast concludes.

Brilliant Earth Expands Retail Fleet to Luxury Mall Locations

Retrieved on: 
Thursday, August 31, 2023

“We are thrilled to open three new showrooms in premier mall locations nationwide,” said Kathryn Money, SVP of Merchandising and Retail Expansion.

Key Points: 
  • “We are thrilled to open three new showrooms in premier mall locations nationwide,” said Kathryn Money, SVP of Merchandising and Retail Expansion.
  • During appointments, Brilliant Earth’s expert jewelry specialists curate styles, determined by the customer’s pre-selected preferences, providing clients with a highly personalized shopping experience.
  • Brilliant Earth continues to optimize the customer experience, however they prefer to shop, whether in-person or online.
  • The investment Brilliant Earth is making in physical retail brings the Company’s showroom total to 37 locations.

TACORI Announces Roeya Vaughan as Chief Executive Officer

Retrieved on: 
Thursday, August 17, 2023

TACORI , a timeless and iconic fine jewelry brand, today announced the appointment of Roeya Vaughan as its new Chief Executive Officer.

Key Points: 
  • TACORI , a timeless and iconic fine jewelry brand, today announced the appointment of Roeya Vaughan as its new Chief Executive Officer.
  • View the full release here: https://www.businesswire.com/news/home/20230817069197/en/
    Since joining TACORI as Chief Commercial Officer in 2020, Vaughan has successfully spearheaded the development and implementation of a strategic plan to propel the brand into its next chapter of growth.
  • TACORI has been family-owned for over 40 years, and the Tacorian family will continue to actively oversee the brand.
  • “We are taking a bold step forward, underscoring our commitment to growth and evolution, with the appointment of TACORI’s first external Chief Executive Officer,” said Paul Tacorian.

Brilliant Earth Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023

SAN FRANCISCO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced financial results for the three and six months ended June 30, 2023.

Key Points: 
  • SAN FRANCISCO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced financial results for the three and six months ended June 30, 2023.
  • Second Quarter 2023 Highlights (quarterly period ended June 30, 2023):
    Delivered net sales of $110.2 million, a 1.3% increase from the prior year, achieving a record number of orders for the second quarter and reflecting growing demand for and resonance of the Brilliant Earth brand.
  • Expanded gross margin by 450 basis points to 57.6% for the second quarter, compared to the second quarter of 2022, driven by continued strong brand resonance, differentiated product offerings, performance of the Company's pricing engine, procurement efficiencies and benefits from the Company's enhanced extended warranty program.
  • Adjusted EBITDA was $7.7 million for the second quarter; and
    Continued omnichannel leadership: In the second quarter of 2023, Brilliant Earth opened four new showrooms, bringing its U.S. showroom count to 32 as of June 30, 2023.

Brilliant Earth Unveils Nature-Inspired Fine Jewelry Collaboration with Designer Logan Hollowell

Retrieved on: 
Tuesday, August 8, 2023

SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced a capsule collection in collaboration with fine jewelry designer Logan Hollowell.

Key Points: 
  • SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced a capsule collection in collaboration with fine jewelry designer Logan Hollowell.
  • “We’re thrilled to partner with Logan to launch this special collection that celebrates our collective commitment to ethical sourcing, timeless design, and craftsmanship,” says Kathryn Money, SVP of Merchandising and Retail for Brilliant Earth.
  • “I was instantly drawn to Brilliant Earth’s dedication to their mission and to the planet,” said Logan Hollowell, CEO and Founder of Logan Hollowell Fine Jewelry.
  • This collection expresses nature’s unrefined beauty, and I am delighted to have been able to partner with Brilliant Earth.”
    Styles from the Brilliant Earth x Logan Hollowell collection range from $795 to $10,000 and will be available to purchase exclusively at the Brilliant Earth Showrooms in Santa Monica and Brooklyn, and online at www.BrilliantEarth.com .

Brilliant Earth Releases The Capture Collection, World’s Largest Assortment of Planet First Lab Diamonds

Retrieved on: 
Tuesday, August 1, 2023

The assortment includes lab diamonds produced with carbon, captured before entering the atmosphere, and manufactured with clean energy.

Key Points: 
  • The assortment includes lab diamonds produced with carbon, captured before entering the atmosphere, and manufactured with clean energy.
  • It also includes lab diamonds that are grown, cut and polished with 100% renewable energy.
  • While Brilliant Earth has offered lab diamonds grown using renewable energy in cutting and polishing since 2022, this is the first time it has offered lab diamonds that also use renewable energy during the growing process.
  • In the natural diamond assortment, Brilliant Earth recently announced a new partnership with Tracr that will make available thousands of blockchain-enabled diamonds directly to customers.