Press Releases

Jewelry Maker Marathon Acquires LeStage

Published

8 years ago

January 8, 2016

INSTORE Staff

(Press Release) ATTLEBORO FALLS, MA – Jewelry manufacturer Marathon Company, based in Attleboro, MA, has announced announce the acquisition of the LeStage Manufacturing Company, based in Attleboro Falls, MA.

Marathon is a family-owned business which has been manufacturing jewelry in the U.S. since 1897. LeStage, most recently known for its Cape Cod Jewelry and the LeStage Convertible Collection of bracelets and interchangeable clasps, is a family-owned domestic manufacturing business that began in 1863. Marathon will continue manufacturing LeStage products in the U.S.

"My brother Richard and I are delighted to entrust our legacy to Marathon,” says Garner LeStage, president of LeStage. “We feel as if we are handing the reins to our own progeny rather than selling the company.”

"We’re looking forward to carrying on the fine tradition of supplying quality products made in the U.S.A. that has been associated with the Cape Cod Jewelry and LeStage Convertible Collections,” says Roger Forman, president of the Marathon Company. “As a family-owned and -operated business ourselves, we understand the responsibility that comes with building on the LeStage name, and we are proud to have the opportunity to do so.”

Marathon will be exhibiting at all major trade shows including RJO, IJO, CBG, JANY, JIS, SJTA and JCK Las Vegas.

Marathon can be contacted by telephone at 800-451-1515 or by email at mail@marathon-co.com.

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”