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Alliance Data Signs Agreement to Manage Credit Card Program for Diamonds International, the Caribbean's Largest Duty-Free JewelerPLANO, Texas, June 20, 2017 /PRNewswire/ -- Alliance Data Systems Corporation (NYSE: ADS), a leading global provider of data-driven marketing and loyalty solutions, today announced its Columbus, Ohio-based card services business, a premier provider of branded private label, co-brand and commercial credit programs, has signed a new multi-year agreement to provide private label credit card services for Diamonds International® (www.diamondsinternational.com). One of the world's largest duty-free jewelers, Diamonds International and sister stores Tanzanite International®, Diamonds International Watch & Design™ and Luxury of Time by Diamonds International™ have over 125 locations throughout the U.S., Caribbean and Central America, as well as an online store offering luxury jewelry, elegant timepieces and fine gemstone products. "This enhanced credit card program, in partnership with Alliance Data, will allow us to significantly expand the Diamonds International customer base and increase brand affinity by offering compelling financing offers, a simplified application process and convenient account management tools," said Albert Gad, co-founder of Diamonds International. "As a 'tier one' jeweler for U.S. cruise lines, we continue to define luxury in ports of call throughout the Caribbean and Alaska as well as through our website. Our credit program will provide a level of convenience and flexibility that makes our quality merchandise accessible to even more travelers and online shoppers." Alliance Data is implementing a customized, multi-channel credit program for Diamonds International, designed to help deliver rapid approvals, incremental sales and increased transaction size. The Diamonds International credit program offers benefits exclusive to cardmembers as well as convenient, flexible payment and financing options. In addition, Diamonds International has access to Alliance Data's "in the moment" acquisition tools, in addition to advanced analytics and consumer insight capabilities. "Diamonds International is a true category leader with a history of providing a memorable shopping experience for the finest in luxury goods and we are privileged to embark on this new relationship," said Melisa Miller, president of Alliance Data's card services business. "As a true partner for the entire customer journey, we'll use our extensive promotional financing and cross-channel marketing expertise to enhance existing strategies to keep the Diamonds International family of brands top-of-mind with customers." About Diamonds International About Alliance Data's card services business We uphold our Know more. Sell more.® promise by leveraging unmatched customer insights, advanced analytics, and broad-reaching innovative capabilities. It's how we deliver increased sales to our partners, build enduring loyalty to their brands, and provide more value to our cardmembers. Alliance Data's card services business is a proud part of the Alliance Data enterprise. To learn more, visit www.knowmoresellmore.com or follow us on Twitter @Know_SellMore. About Alliance Data Alliance Data's card services business is a leading provider of marketing-driven branded credit card programs. Epsilon® is a leading provider of multichannel, data-driven technologies and marketing services, and also includes Conversant®, a leader in personalized digital marketing. LoyaltyOne® owns and operates the AIR MILES® Reward Program, Canada's premier coalition loyalty program, and Netherlands-based BrandLoyalty, a global provider of tailor-made loyalty programs for grocers. Investor information about Alliance Data's businesses may be found here. Follow Alliance Data on Twitter, Facebook, LinkedIn and YouTube. Forward Looking Statements We believe that our expectations are based on reasonable assumptions. Forward-looking statements, however, are subject to a number of risks and uncertainties that could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release, and no assurances can be given that our expectations will prove to have been correct. These risks and uncertainties include, but are not limited to, factors set forth in the Risk Factors section in our Annual Report on Form 10-K for the most recently ended fiscal year, which may be updated in Item 1A of, or elsewhere in, our Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K. Our forward-looking statements speak only as of the date made, and we undertake no obligation, other than as required by applicable law, to update or revise any forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alliance-data-signs-agreement-to-manage-credit-card-program-for-diamonds-international-the-caribbeans-largest-duty-free-jeweler-300476412.html SOURCE Alliance Data Systems Corporation |