Alex and Ani Launches Seven Swords Media

The growing Cranston-based lifestyle brand announced purchased Sakonnet Vineyards last year.

Alex and Ani CEO Giovanni Feroce announced yesterday the official launch of Seven Swords Media.  In March of 2012, Alex and Ani, LLC. purchased a majority interest in MediaPeel, LLC., which formed the basis of Seven Swords Media. Since that announcement, Alex and Ani has purchased the remaining shares of MediaPeel, thus acquiring the agency as a wholly owned subsidiary.  In the last few weeks of 2012, Seven Swords Media acquired Animal, a design studio and video agency, and Bella Consulting and Events in order to round out the capabilities originally envisioned as a full service media and advertising agency. “We initially entered into this arena because it made financial sense for us to utilize our own media company.  Since those early …

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Little Compton's Sakonnet Vineyards Sells For $8.95 Million

Sakonnet Vineyads sold on Dec. 27 to Alex and Ani jewelers. This is the highest selling property in the town in the past two years.

Alex And Ani Buys Another RI Business

Alex and Ani, the jewelry design business that bought Sakonnet Vineyards in Little Compton earlier this month, is partnering with Wilson's of Wickford.

Alex and Ani, the jewelry designer who purchasd Sakonnet Vineyards in July, is in the works to buy another Rhode Island mainstay business. The Cranston-based jeweler announced it will purchase Wilson’s of Wickford. The 68-year-old clothing retailer became plagued with financial difficulties earlier this year when it was forced to declare bankruptcy to save its store in Wickford Village from foreclosure. This announcement by CEO Giovanni Feroce is the just the latest foray away from the company's jewelry-manufacturing roots. "We have a Main Street strategy," said Alexandra Zaso, public relations coordinator, in an interview on Wednesday. "We want to reinvest in the Rhode Island economy whenever an opportunity presents itself." Alex and Ani…

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Cranston's Alex and Ani Buys Sakonnet Vineyards

Alex and Ani is fulfilling CEO Giovanni Feroce's promises earlier this year that "big things are coming" for the company, which started as a jewelry maker and now bills itself as a "lifestyle, eco-friendly brand."

The company whose charms and bracelets have developed an eager following around the world in just a few short years, Alex and Ani, is branching out. Or maybe it should be said the Cranston-based jewelery and lifestyle brand is spreading vines.  The company announced yesterday that it has purchased Sakonnet Vineyards in Little Compton. "All of us at Alex and Ani are excited about taking Sakonnet Vineyards to the next level of achievement," company CEO Giovanni Feroce said in a press release announcing the purchase. "This will amount to a major re-investment in our local Rhode Island economy and community." Sakonnet Vineyards is a 170-acre property with 50 acres of several varieties of grape. It also includes a 5-lot subdivision and a …

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Migelouche

9:01 am on Sunday, July 22, 2012

Agreed, Mike. There's something of a "kid in a candy store" story to this whole Alex and Ani buying binge. And when this "kid" gorges on too much, which it seems to be doing, I fear for the integrity of the Vineyard and its surroundings.   more ›