Who We Are – Clover II (2024)

Who We Are

Since 1988, we have been a leader in the design, production & distribution of high value, non-gemstone, karat gold jewelry.

We are proud of our legacy of integrity and reliability built over four decades anchored in precision performance and rapid implementation, from category planning through delivery.

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Our End-to-End Global Capabilities

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Design

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Gold Sourcing

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Inline Manufacturing

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In-House QA

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Inventory Management

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Consumer Fulfillment

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Consumer Research

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DIgital Marketing Support

What We Do

We partner with fast-paced retail clients to grow their karat gold business with proven 360° integrated karat gold jewelry solutions customized for omnichannel retailers.

By applying sophisticated data-driven merchandising, marketing and distribution expertise, our GoldSource turnkey karat gold jewelry program is customized to the unique business needs of our retail clients and their diverse consumer segments.

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The secret to our clients’ success: “Never Out” sales programs

Leveraging our financial strength, vertical structure and global capabilities, we proactively co-manage our share of a client’s karat gold offering ensuring “never out” sales programs.

  • Consumer-centric market research drives insights and strategic product guidance.
  • On-going sales analysis helps project inventory needs and promotional activity.
  • In-house stock position supports sales and turn.
  • Expert execution: Currently managing 100K+ direct-to-consumer shipments / $250M+ in client sales.

Sustainability & supply chain compliance

Executive management, led by our Chief Compliance Officer, are engaged in continual process improvement with our vendors to meet and exceed best-in-class requirements. Link to Sustainability Culture Page

As a member of the Responsible Jewellery Council®, we and our supply chain partners adhere to all regulatory and legal requirements based on industry, ethical, and legal standards.

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Executive Team

Lester Friedlander

FOUNDER & CEO

With over four decades of experience in the fine jewelry industry, Lester has managed and operated wholesale jewelry design and wholesale jewelry firms throughout his career serving major omnichannel chain retailers and independent jewelers.

Lester founded Clover in 1988 with a unique vertically integrated fine jewelry merchandising and marketing business model primarily focused on developing product programs suited to non-traditional jewelry environments.

Today, Clover is one of the industry’s leading marketers, manufacturers, and distributors of fine karat gold jewelry servicing major blue chip retailers having earned a reputation for ingenuity, integrity and hard work.
Headquartered in New York with offices in Thailand and Italy, and manufacturing facilities throughout the world, Lester and the Clover team are strategically positioned to offer its clients a unique combination of exceptional pricing, quality, product development, and category management expertise.

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Zoltan Hidas

CHIEF FINANCIAL OFFICER

Zoltan brings over 30 years of invaluable international financial management and operations experience to Clover II Corporation as well as a unique global perspective with insights that are vital to overseeing’s our ever evolving global business activities.

Born and raised in Hungary with a strong foundation in finance and public accounting, Zoltan’s extensive background spans diverse industries – IT systems integration, software development, manufacturing, international media, and agriculture – that is further enriched by his roles in project management and management consulting.

Zoltan’s diverse expertise positions him perfectly to help drive Clover’s financial strategy and global success into the future.

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AnnBeth Nifco

SVP Merchandising & Product Development

AnnBeth’s passion for fine jewelry is matched only by the trust she has earned building lasting relationships with Clover’s retail clients and expert manufacturers over the past three decades.

Her deep expertise in sourcing – combined with an understanding of ever evolving fine jewelry and karat gold design trends – gives AnnBeth the unique ability to design and curate on-trend, priced right assortments specifically tailored for each client’s retail environment, sales cycles, and consumer franchise.

With her strict adherence to quality management, AnnBeth’s programs have been repeatedly proven to not only maximize retail presence and turn, but also enhance retailer profitability.

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Hersh Stanski

SVP MERCHANDISING & SUPPLY CHAIN MANAGEMENT

A 40+ year veteran in the fine jewelry industry, Hersh has an exceptional understanding of both the creative and business sides of our industry.

Over his career, he has spearheaded the merchandising, production, and wholesaling of innovative karat gold, gemstone and diamond jewelry lines across all channels of distribution including department stores, major discounters, specialty independent jewelers, as well as national omnichannel retail chains.

At Clover, his leadership skills combined with a passion for aligning assortment and inventory strategies with emerging consumer trends, preferences, and retail sales data has led to tremendous growth and optimized sell-through rates for the retail clients we serve.

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Pamela Fierst-Walsh

ACTING CHIEF COMPLIANCE OFFICER

Pamela functions as the Chief Compliance Officer leading the development of policies, procedures, and operations related to sustainability and regulatory compliance.

Founder of PFW Advisory, Pamela is formerly the U.S. Department of State Senior Advisory for Conflict & Critical Minerals and U.S. Representative to the Kimberley Process. She specializes in supporting companies on their supply chain journeys, operating at the intersection of global risk, domestic and international regulation, and sustainability.

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John Marchese

ACTING CHIEF MARKETING OFFICER

Leveraging his 35+ years of marketing leadership and brand development experience serving Fortune 100 companies (e.g., Nike, PepsiCo, Procter & Gamble, Unilever, GE, IBM, and McDonald’s), John has developed a special area of expertise in the fine jewelry and diamond jewelry category since 2001.

Founder of Marchese Associates, his strategically relevant and creatively driven approach to marketing and brand creation have led to highly successful B2C and B2B brands with sustainable growth in rapidly changing business environments with new, dynamic market opportunities.

This experience – combined with John’s data-driven consumer insights and understanding of how well-managed integrated fine jewelry supply chains can create brand value, consumer demand, and loyalty – has resulted in successful fine jewelry brands currently distributed in US and multinational omnichannel chains, department stores, independent retailers, and e-commerce channel.

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Industry Memberships & Affiliations

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References

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