Alliance Data Signs Agreement With International Diamond Distributors To Deliver Private Label Credit Card Program To Customers Of Independent Jewelers

• Leveraging its experience in the jewelry category, Alliance Data offers marketing-driven credit solutions to multiple independent jewelers through Iddeal Credit Card program
• Flexible financing options to drive cardholder acquisition, incremental sales and increase purchase size

Alliance Data Systems Corporation, a leading global provider of data-driven marketing and loyalty solutions, recently announced its Retail Services business, which manages more than 130 private label and co-brand credit programs, has signed a multi-year agreement to provide private label credit card services for International Diamond Distributors (IDD), a premier provider of top-selling diamond jewelry programs for independent jewelers. Founded in 1984 and based in New York City’s Diamond District, IDD manufactures and supplies diamond jewelry and loose diamonds to jewelers throughout North America at highly competitive prices.

“IDD makes it easy for our jeweler partner network to help consumers select and purchase the right jewelry pieces, and the Iddeal Credit Card from Alliance Data offers a convenient way for jewelers to increase sales and purchase size – it’s a win-win for everyone,” said Alok Mehta, chief executive officer of IDD. “We selected Alliance Data for their extensive experience in the jewelry category and their expertise in providing partner-branded credit solutions which will help us drive sales and enhance our relationship with our jeweler partners.”

Iddeal Credit Card program benefits will include flexible financing options and payment plans. Additionally, Alliance Data provides a portfolio of innovative marketing solutions designed for the jewelry vertical to optimize cardholder acquisition and retention efforts and, most importantly, reduce the sales cycle between customer jewelry purchases for IDD jeweler partners.

Melisa Miller, president of Alliance Data Retail Services, said, “IDD has a unique business model and a vast and impressive portfolio of jewelry products it offers to its jeweler partners. We are excited to partner with this industry leader to provide flexible financing offers and marketing-centric solutions that will contribute to repeat purchases and increased loyalty among shoppers. We’re confident our world-class customer care, our retail heritage and our experience in the jewelry category will help IDD achieve its growth goals.”

About International Diamond Distributors
International Diamond Distributors (IDD) is a diamond jewelry manufacturer and loose diamond supplier with a stellar reputation for dazzling jewelry classics, fashionable diamond jewelry and an extensive loose-stone inventory at highly competitive prices. Since 1977, IDD has specialized in serving the needs of independent jewelers and has steadily grown into a major loose diamond and jewelry supplier for retail stores across North America. For more information, visit www.iddjewelry.com.

About Alliance Data Retail Services
Alliance Data Retail Services is one of the nation’s leading providers of branded credit card programs, with more than 130 marketing-driven private label, co-brand and commercial programs in partnership with many of North America’s best-known brands. The business delivers upon its Know more. Sell more. commitment by leveraging customer insight to drive sales for its client partners. Leveraging deep-rooted marketing expertise, transaction-based customer data, and advanced analytics, Alliance Data Retail Services creates turnkey, multichannel credit programs designed to help its clients develop stronger, more profitable customer relationships. Alliance Data Retail Services is part of the Alliance Data family of companies. For more information, visit www.alliancedataretail.com.

About Alliance Data
Alliance Data and its combined businesses is a leading global provider of data-driven marketing and loyalty solutions serving large, consumer-based industries. The Company creates and deploys customized solutions, enhancing the critical customer marketing experience; the result is measurably changing consumer behavior while driving business growth and profitability for some of today’s most recognizable brands. Alliance Data helps its clients create and increase customer loyalty through solutions that engage millions of customers each day across multiple touch points using traditional, digital, mobile and emerging technologies. An S&P 500 company headquartered in Dallas, Alliance Data and its three businesses employ approximately 12,000 associates at more than 80 locations worldwide. Alliance Data was named to FORTUNE magazine’s 2014 list of World’s Most Admired Companies.

Alliance Data consists of three businesses: Alliance Data Retail Services, a leading provider of marketing-driven credit solutions; Epsilon, a leading provider of multichannel, data-driven technologies and marketing services; and LoyaltyOne, which owns and operates the AIR MILES Reward Program, Canada’s premier coalition loyalty program. For more information, visit www.alliancedata.com.