Ciro Inc., the New York-based international leader in imitation- links of london jewelry retailing, has plans to encourage its suppliers to invest in
Ciro Inc., the New York-based international leader in imitation-jewelry retailing, has plans to encourage its suppliers to invest in
Like many overseas Jewish businessmen, Ciro chairman Abe Gold has the dream of contributing to
In an interview yesterday, Gold outlined large-scale plans to set up a chain of jewelery shops in this country as well as to offer incentives for Ciro suppliers to establish manufacturing plants here.
Ciro, a public company listed on the Nasdaq over-the-counter market, is based in
Much of its imitation jewelry is patterned on the original designs of Bulgari, Tiffany, Van Cleef & Arpels and other world-class jewelers.
The company recently developed a five-year expansion plan aimed at increasing its retail outlets to 200. Among the markets it has targeted for exmpansion are the Caribbean,
Gold forecasts sales to increase by $15 million-$70m. within a year, reaching between $65m.-$70m.
In the framework of its five-year plan for increased growth and profitability, Ciro last year established Ciro (
The franchise opened its first store in Ra'anana seven months ago and, according to managing director Hedva Fensterheim, is doing very well.
