Connect with us
mm

Published

on

Direct-to-consumer jewelry brand Mejuri will likely be going public in the “near future,” the company’s CEO told BNN Bloomberg.

Noura Sakkijha said Mejuri, which has been endorsed by Oprah Winfrey, is being built for growth and an initial public offering. A timeline for the IPO is “not finalized yet,” Sakkijha said, “but we do see it in the near future.”

“We’re focusing on all aspects of the business so we can get to that point,” she said.

She told BNN Bloomberg that the recent Oprah endorsement was “a dream come true” and “huge for brand credibility.”

Launched in 2015, Mejuri has found a niche in self-purchasing millennial women.

Mejuri closed on a $23 million funding round in April. The company said at the time it planned to use the money to fund offline expansion and to enter new markets, as well as to focus on branding and customer experience.

Watch the video:

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at [email protected].

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Why This Fourth-Generation Jeweler Chose Wilkerson for a Very Special Sale

Parian & Sons of Franklin Lakes, NJ was founded in the early part of the 20th century. But even stores that have successfully made it through the Great Depression, a World War and the Woodstock Generation must come to an end. With no family wanting to continue the tradition, the time was right for Glenn Parian and his wife, Maria, to retire. And what better way to do so than by hiring Wilkerson to help with the store’s liquidation sale. As Glenn puts it, with his credit card machine humming to the tune of up to 200 transactions a day, he couldn’t have done it without Wilkerson. “This is what they do,” he says. “This is what they do for everybody.”

Promoted Headlines

Most Popular