DCK Snapshot
DCK Concessions has become a real gem in the eyes of pop jewelry retailers worldwide. The company designs and manufactures low- to mid-range jewelry. Products are sold under the brand names Diva and Freedom, through DCK's some 3,000 retail concessions in more than 20 countries. Diva is the trendier mark of the two; sales are focused on 'tweens and younger women. Freedom, started in 1994, is more directed toward fashion-conscious women. In 2005 Barclays Private Equity, having backed DCK in a management buyout two years prior, sold its ownership stake to the HBOS unit Bank of Scotland (now Lloyds Banking Group). British jewelry magnate and co-founder, chairman Alan Witzenfeld, owns about 50% of the company.