News Summary
Haverhill, a fine jewelry brand from Rhode Island, has been recognized on the Inc. 5000 list for the third consecutive year. Founded by Haverhill Leach, the company specializes in handcrafted, made-to-order 14k gold birthstone jewelry. In 2024, Haverhill reported an impressive revenue of $16 million and projects to exceed $25 million in 2025, maintaining a 40% compound annual growth rate. Their sustainable operational strategy emphasizes minimizing waste, enhancing customer experiences, and leading the way in the fine jewelry market.
Rhode Island – Haverhill, a fine jewelry brand based in Rhode Island, has secured its place on the Inc. 5000 list for the third consecutive year, achieving a significant milestone amid a decline in the number of companies from the state on the prestigious ranking. Founded by fifth-generation jeweler Haverhill Leach, the company specializes in handcrafted, made-to-order 14k gold birthstone jewelry, with all creations being produced in the USA.
In 2024, Haverhill reported an impressive revenue of $16 million and projects to exceed $25 million in 2025. Over the past three years, the brand has maintained a remarkable compound annual growth rate of over 40%, further demonstrating its exceptional growth in the fine jewelry market. The company’s direct-to-consumer model allows it to blend timeless design with digital personalization, resonating well with modern consumers.
Customer loyalty is a critical element of Haverhill’s success, with approximately 30% of shoppers returning for additional purchases within 12 months. This high retention rate speaks volumes about the quality and appeal of their product offerings. Earlier in 2025, Haverhill’s status as a leader in the industry was solidified when it was named to The Lead’s prestigious Foremost 50 list, which highlights fast-growing brands that are redefining various sectors.
Operational Strategy
Haverhill’s operational model emphasizes sustainability, actively minimizing overproduction and waste. This approach resonates with environmentally conscious consumers and positions the brand as a forward-thinking leader within the jewelry industry. The company aims to enhance its technological capabilities, improve customer experiences, and increase manufacturing efficiency to broaden its market reach in the coming years.
Context of the Inc. 5000 List
The recent announcement of Haverhill’s inclusion on the Inc. 5000 list comes at a time when Rhode Island is seeing a decline in representation on this influential ranking, which evaluates companies based on percentage revenue growth over a three-year period. In 2024, only ten Rhode Island organizations made the list, which includes other notable brands such as Feast & Fettle, Maxfield Group, and Tech Pro Marketing.
Vitalize Health, based in Hoboken, NJ, topped the 2024 list with an extraordinary growth rate of 90,779%, setting a high benchmark for businesses across the country. The Inc. 5000 list serves as a data-driven overview of America’s most successful independent businesses, and it continues to be a significant indicator of business success and economic trends.
Conclusion
As Haverhill marks its third year on the Inc. 5000 list, it exemplifies resilience and innovation in the face of a changing business landscape. With strong growth projections and a commitment to sustainability, Haverhill is positioned not just as a jewelry brand, but as a model for modern businesses seeking to thrive in a competitive market.
Deeper Dive: News & Info About This Topic
- PR Newswire: Haverhill Leach Inc. Awarded Third Consecutive Inc. 5000 Honor
- Inc.: This is the Best Place to Work in Rhode Island
- What’s Up Newport: New Inc. 5000 List Includes 10 Rhode Island Businesses
- Google Search: Business Growth in Rhode Island
- Wikipedia: Haverhill Leach Inc.
Author: STAFF HERE PROVIDENCE WRITER
PROVIDENCE STAFF WRITER The PROVIDENCE STAFF WRITER represents the experienced team at HEREProvidence.com, your go-to source for actionable local news and information in Providence, Providence County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as WaterFire, Rhode Island International Film Festival, and Rhode Island Comic Con. Our coverage extends to key organizations like the Greater Providence Chamber of Commerce and Providence Warwick Convention & Visitors Bureau, plus leading businesses in finance and manufacturing that power the local economy such as Citizens Financial Group and Textron. As part of the broader HERE network, we provide comprehensive, credible insights into Rhode Island's dynamic landscape.
