PrivateCollection&Co Secures U.S. Licensing Agreement with Richline Group for Marie Claire Branded Jewelry Line

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Richline Group wins exclusive right to manufacture, market and distribute Marie Claire jewelry in the U.S. and Canada.

PrivateCollection&Co (http://www.PrivateCollectionandCo.com), a brand architecture company focused on brand management, licensing, distribution and development of vertical retail operations, has secured a licensing agreement granting Richline Group the exclusive right to manufacture, market and distribute jewelry in the U.S. under the Marie Claire brand. PrivateCollection&Co is the brand architecture partner and exclusive licensing representative for the Marie Claire brand.

In Asia and Australia, Marie Claire is a leading brand in fashion, beauty and home décor generating over USD $350 million at retail each year and PrivateCollection&Co is working to expand this success to the American market by establishing key licensing and distribution agreements with companies like Richline Group. The Marie Claire license will complement Richline Group’s impressive portfolio of jewerly lines.

“We’re happy to welcome Richline Group, a Berkshire Hathaway company, as a Marie Claire licensee. Richline is known for creating beautiful and high quality jewelry collections and its history of success as a leader in the jewelry industry made the company a perfect partner for the brand,” said Elena Baronoff, Chairman of PrivateCollection&Co, “We look forward to working with them and continuing Marie Claire’s success in the U.S. market.”

“The creation of a fun, fashion collection, inspired by French romance, is an opportunity that our design and marketing teams have dreamt of,” said Ramona Genao-Archibald, Richline Brands’ EVP of Merchandising.

For more information, please visit http://www.PrivateCollectionandCo.com.

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About PrivateCollection&Co
Incorporated in 2010 and officially launched to the public in 2013 with offices in Florida and Paris, PrivateCollection&Co is a brand architecture company focusing on brand management, licensing, distribution and development of vertical retail operations for brands with untapped potential for global expansion. The company launched as the brand architecture partner and exclusive licensing representative for Marie Claire in the U.S. and Mexico. For more information, please visit http://www.PrivateCollectionandCo.com.

About Richline Group, Inc.
Richline Brands, a strategic business unit of Richline Group, Inc., a wholly-owned subsidiary of Berkshire Hathaway Inc., is the USA’s foremost Fine Jewelry Marketer and Distributor. The Richline Group was formed in 2007. The Common Stock of the Company is listed on the New York Stock Exchange under the symbols BRK.A and BRK.B. Berkshire Hathaway, and its subsidiaries, engage in diverse business activities including property and casualty insurance, utilities and energy, finance, manufacturing, retailing and services.

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Esther Koo
Southard Communications
212-777-2220
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