Marie Claire Brand Jewelry Announced by Richline Group

  Marie Claire Brand Jewelry Announced by Richline Group

Business Wire

NEW YORK -- March 22, 2013

Richline Group, Inc.has secured a licensing agreement granting Richline
Brands the exclusive rights, from PrivateCollection & Co., to manufacture,
market and distribute jewelry in the United States and Canada under the Marie
Claire brand.

Marie Claire Jewelry Executive and Design team (Photo: Business Wire)

Marie Claire Jewelry Executive and Design team (Photo: Business Wire)

This press release has an accompanying Smart Marketing Page providing further
details about the organization, products and services introduced below. You
can access the Smart Marketing Page via the following link:
http://smp.businesswire.com/pages/richline-group-marie-claire-jewelry

In Asia and Australia, Marie Claire is a leading brand in fashion, beauty and
home décor generating over USD $350 million at retail each year.

The Marie Claire Jewelry line infuses Chic European styling into the culture
of young, sophisticated, professional women. The collection features Bold,
Distinctive designs featuring the Marie Claire iconic clover, in classic
everyday pieces or trend inspired interpretations, available for viewing on
the recently launched website, MarieClaireJewelry.com.

Michael Schwartz, Richline Brands’ EVP of Sales, noted that “the strength and
recognition of the Marie Claire brand, with the key demographic being fashion
conscious professional women, is ideal for our national brand strategy.”

“The creation of a fun, fashion collection, inspired by French romance, is an
opportunity that our design and marketing teams have dreamt of” said Ramona
Genao-Archibald, Richline Brands’ EVP of Merchandising.

“We’re happy to welcome Richline Group, a Berkshire Hathaway company, as a
Marie Claire licensee. Richline is known for creating beautiful and high
quality jewelry collections and its history of success as a leader in the
jewelry industry made the company a perfect partner for the brand,” said Elena
Baronoff, Chairman of PrivateCollection & Co. “We look forward to working with
them and continuing Marie Claire’s success in the U.S. market.”

Richline Brands, a strategic business unit of Richline Group, Inc., a
wholly-owned subsidiary of Berkshire Hathaway Inc., is the USA’s foremost Fine
Jewelry Marketer and Distributor. The Richline Group was formed in 2007. The
Common Stock of the Company is listed on the New York Stock Exchange under the
symbols BRK.A and BRK.B. Berkshire Hathaway, and its subsidiaries, engage in
diverse business activities including property and casualty insurance,
utilities and energy, finance, manufacturing, retailing and services.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130322005473/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50590365&lang=en

Contact:

Richline Group, Inc.
Mark Hanna, 212-886-6212
Brands@RichlineGroup.com
 
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