MySolitaire.com and Abazias.com, two major online jewelry companies, have released their first quarter results. MySolitaire reported that sales grew by a whopping 296% year over year.
MySolitaire offers between 200-300 engagement and wedding rings online as well as over 50000 diamonds for engagement rings or loose diamond purchases. MySolitaire recently announced the launch of its Blue Diamond Studs category, which will enable the customer to design the studs' shape and setting.
MySolitaire VP and Co-founder Amit Jhalani noted: "We are uniquely situated in the online market, due to our ability to merchandise many categories."
Abazias.com also announced a successful first quarter, with sales reaching $1,644,600. This constitutes a 49% increase over the same period last year. Oscar Rodriguez, CEO of Abazias.com, noted: "Abazias recently unveiled new technology on our enhanced website and this innovative infrastructure and aesthetics has obviously impacted our visibility and credibility in the marketplace."
Abazias.com showcases over 80,000 diamonds valued at over $400 million as well as a large selection of settings for the purchased stones.
