Press Releases

Jewelry Maker Marathon Acquires LeStage

Published

9 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.

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”