Charles & Colvard, Ltd. (CTHR)

Manufacturer and distributor of moissanite gemstones and jewelry.

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Charles & Colvard, Ltd. is a prominent player in the fine jewelry industry, serving customers both domestically in the United States and internationally. Established in 1995 and based in Morrisville, North Carolina, the company operates through two main segments: Online Channels and Traditional.

Under the Online Channels segment, Charles & Colvard manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry branded as Charles & Colvard Created Moissanite. Additionally, the company offers premium moissanite gemstones under the Forever One brand name, catering to consumers seeking luxurious yet ethical alternatives to traditional gemstones.

The Traditional segment focuses on the marketing and distribution of lab grown diamonds and finished jewelry featuring these diamonds under the Caydia brand. This segment targets a market increasingly interested in sustainable and responsibly sourced alternatives to natural diamonds.

Charles & Colvard sells its products at wholesale prices to distributors, manufacturers, retailers, and designers. It also reaches end-consumers through its dedicated e-commerce platforms, including charlesandcolvard.com and moissaniteoutlet.com, as well as through third-party online marketplaces and drop-ship arrangements. This multi-channel approach ensures broad accessibility and visibility for its jewelry offerings across various consumer demographics and preferences.

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