Leading Jewelry Buyer CIRCA Acquires Portero

                 Leading Jewelry Buyer CIRCA Acquires Portero

CIRCA expands its services with the acquisition of premier online shopping
destination for pre-owned luxury accessories

PR Newswire

NEW YORK, March 13, 2014

NEW YORK, March 13, 2014 /PRNewswire/ --CIRCA, the leading international
buyer of pre-owned jewelry, diamonds and watches today announced the
acquisition of Portero, the premier online shopping destination for pre-owned,
authenticated luxury accessories. This acquisition adds a strategic selling
platform to complement CIRCA's existing buying services and addresses an
overwhelming demand from CIRCA's loyal clients to purchase pre-owned jewelry,
watches and handbags in a trusted environment.

"There is a critical need for expertise and authenticity on the buy and sell
side of pre-owned luxury," said CIRCA's Chief Operating Officer and Chief
Financial Officer, Jayne Conway. "This partnership pairs the knowledge of
CIRCA and Portero's experts, offering luxury consumers a superior buying and
selling experience that guarantees authenticity and integrity with every
transaction," continued Conway.

Portero is a natural addition for CIRCA. Both brands are committed to premium
client service and offer unparalleled access and expertise in the pre-owned
luxury goods market. Founded in 2001 and headquartered in New York City, CIRCA
has 14 locations worldwide, including nine offices in North America. Founded
in 2004, Portero will relocate its offices to CIRCA's headquarters. Portero's
large and growing customer base combined with CIRCA's loyal clientele will
contribute to the brands' growth plans and position as industry leaders.

Both brands will re-launch their websites in the Spring of 2014 offering
increased content and cross promotional shopping experiences, including
curated specialty boutiques on Portero.com. These exclusive online events will
launch in April 2014, with a Mother's Day Boutique featuring vintage Hermes
handbags and estate jewelry, followed by a Bridal Boutique featuring vintage
engagement rings that will debut in May 2014.

Together, CIRCA and Portero will also introduce special offers and benefits
exclusive to their shared clientele. Activations will include sneak previews
of new merchandise, access to exclusive Portero sales, and a dedicated "Find
It For Me" concierge that will assist clients in finding coveted luxury items.

CIRCA expands its services with the acquisition of Portero, the premier online
shopping destination for pre-owned luxury accessories
Leading jewelry buyer CIRCA acquires Portero

About CIRCA:
Established in 2001, CIRCA is the leading international buyer of pre-owned
jewelry, diamonds and watches, with more than 100 associates and 14 offices
worldwide including New York, Chicago, Beverly Hills, Barcelona, Las Vegas and
Hong Kong. CIRCA has redefined the experience of selling jewelry by combining
renowned expertise and discreet service with immediate payment at the best
value. CIRCA's Authorized Purchasing Agent Program extends the company's
buying services to an invite-only network of established regional jewelry
retailers through buying events and a mail-in program. CIRCA Commerce provides
manufacturers, distributors and retailers specializing in luxury jewelry and
watches with inventory solutions. For more information, please visit
www.circajewels.com or call 877-876-5493.

About Portero:
Since launching in 2004, Portero has become the leading online shopping
destination for pre-owned, authenticated luxury goods. Portero's meticulously
selected marketplace offers men and women unparalleled access to unique and
timeless jewelry, watches and bags from luxury brands including Chanel,
Hermes, Rolex, Louis Vuitton, Tiffany and Cartier. For more information,
please visit www.portero.com or call 877-962-2398.

Media Contacts
David Zapata / Jenn Lake
Zapwater Communications
312.943.0333
david@zapwater.com / jenn@zapwater.com

Photo - http://photos.prnewswire.com/prnh/20140313/CG82414-a
Photo - http://photos.prnewswire.com/prnh/20140313/CG82414-b

SOURCE CIRCA

Website: http://www.circajewels.com
 
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