Headlines

Bergio Acquires Online Jewelry Retailer Aphrodite’s

It bought the company from Digital Age Business.

Published

3 years ago

February 24, 2021

INSTORE Staff

FAIRFIELD, NJ — Bergio International Inc. has acquired online jewelry retailer Aphrodite’s.

Bergio (OTC PINK:BRGO), a designer, manufacturer and retail outlet for the Bergio Brand of designer jewelry, bought the company from Digital Age Business Inc. Aphrodite’s, which launched in 2016, had revenue of more than $10 million in 2020.

Photo Gallery

Reko Introduces the Gem Art Collection

Photo Gallery

Statement Necklaces: The Big, the Bold and the Beautiful

Photo Gallery

2024 Academy Awards Sparkled With a Dazzling Array of Jewelry

Jonathan Foltz, CEO of Digital Age Business, said: “The vision of Aphrodite’s was to leave a considerable footprint in the women’s lifestyle industry with something new and exciting around the globe. We have grown incredibly fast without a single outside equity investor, and I believe it is time for us now to get to the next level. We most definitely cannot do this alone.

“With the support from Berge Abajian, an incredible business mind and 3rd generation jeweler, we are adding important components to the business of jewelry & accessories, including Bergio’s connections to factories and manufacturing and operational skill sets that are needed. I am seeing incredible synergies between the two companies that will highly benefit from each other’s collaboration.”

Berge Abajian, CEO of Bergio, said, “We have always intended to expand the Company’s retail brick-and-mortar presence across the globe, but with the technological platform and personnel’s expertise we have acquired in this transaction, we can now also immediately become a direct to consumer ‘player’ in the global internet jewelry market.”

Further details of the transaction were released in a filing with the U.S. Securities and Exchange Commission.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”