Hearts On Fire Suspends New Account Acquisition for Remainder of 2006
August 31, 06
Diamond jewelry make and retailer Hearts On Fire announced that “on the heels of opening over 100 new retail territories worldwide in the last seven months alone, Hearts On Fire has elected not to open any more new retail accounts for the remainder of 2006”.
The company said in a release it has experienced exponential growth in the past few years, with business up approximately 50 percent each year. Hearts On Fire’s CEO, Glenn Rothman made the decision to focus solely on growing their current core business at this time.
“We want to ensure that all of our retail partners’ needs are met as a matter of priority,” said Rothman.
Hearts On Fire has over 550 retailers in the U.S. and another 150 retailers in 22 countries- including 5 flagship stores in Taiwan.