The M Jewelers Expands To LA And Tokyo With Help From Red Luxury Group
Anthony Frisina, David-Emmanuel Cohen, The M Jewelers brand founder Mark Shami
By Cassell Ferere originally published on Forbes.com
The M Jewelers landed on the fashion and accessory scene at the cusp of the social media generation. Taking what plenty of streetwear influencers were strong at and using their presence to further his brand reach was paramount in the mystique that is the jewelry brand and maker. As a tiny shop in the Diamond District of New York City, The M Jeweler once teamed with social media influencers to grow their base and now has been acquired by Red Luxury Group, taking the brand to Los Angeles with a brick-and-mortar location at 8445 Melrose Avenue this fall.
In January of 2022, The M Jeweler would open its first flagship in the heart of Soho, NY, where they would deliver the full line of jewelry and customization headquarter. Having a successful 2021 with over $12 million in revenue, Red Luxury Group would come in as a majority partner in helping to double that number. Red Luxury has a vision for the jewelry brand that involves a global presence, already frequented by the celebrities who dawn The M Jewelers style, including Bella Hadid, an international supermodel.
The M Jewelers brand founder Mark Shami and Anthony Frisina celebrated the acquisition by the jewelry specialist in May of this year. Shami and Frisina are entrusting in the vision of the Red Luxury Group and what they have done with their current roster, increasing their presence globally and growth by hundreds of percent.
“We develop a statement and emotional jewelry by partnering with great talents to build global and unique brands,” says Red Luxury Group’s founders Romain Benichou and David-Emmanuel Cohen, installing confidence in the young jewelry makers. The Red Luxury Group had previous jewelry brand acquisitions, one in 2017 with the Ginette NY brand, experiencing 300% growth. They followed that acquisition with the Pamela Love brand in 2019, showing 500% growth under The Red Luxury Group name.
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