Hearts On Fire suspends new account acquisitions until next year

On the heels of opening well over 100 new retail territories worldwide in the last seven months, Hearts On Fire has elected not to open any more new retail accounts for the remainder of 2006. The company has experienced exponential growth in the past few years, with business up approximately 50 percent each year.

The Boston-based company’s CEO, Glenn Rothman, said he made the decision to focus solely on growing their current core business at this time. 

“This is an exciting time for the company and a positive decision. Hearts On Fire is known for having the highest quality diamonds, extensive marketing and sales support for our retailers, and the best training in the industry.” Rothman said. “We want to ensure that all of our retail partners’ needs are met as a matter of priority.”

Hearts On Fire diamonds are now available at more than 700 retail outlets globally, 550 in the U.S., and another 150 retailers in 22 countries—including 5 flagship stores in Taiwan.