KGK Jewelery Manufacturing Limited has entered into a licensing agreement with the Xcel Brand Ltd, based in New York, regarding the jewelry brand Judith Ripka.
Under the terms of the signed agreement, KGK will produce, deliver and retail jewelry products, including jewelry made of precious metals, diamond jewelry and wedding jewelry under the brand Judith Ripka.
Channels for the distribution of jewelry products include luxury retail stores, elite department stores and specialized jewelry stores around the world. 
Chairman and CEO of Xcel Brands, Inc. Robert D'Loren (Robert D'Loren) said: "I am very pleased with the cooperation with KGK Jewelery. This powerful alliance of Xcel and KGK under the Judith Ripka brand has a huge growth potential in the wholesale jewelry market. "