WebJun 10, 2024 · Jewelry maker Alex and Ani LLC, which operates dozens of stores, filed for Chapter 11 bankruptcy protection Wednesday and put itself up for sale. The company said it entered into a restructuring ... The firm was founded in 2004 by Carolyn Rafaelian. The name comes from a combination of the first names of Rafaelian's two daughters. The company originally stated that they wanted to produce "bangle bracelets, necklaces, earrings and rings that adorn the body, enlighten the mind, and empower the spirit". The company first manufactured its jewelry in a factory that was founded by Rafaelian's father in 1966 and all materials were made in America.
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