<p>Reuters reported in November that the company was working with investment bank Jefferies LLC on a sale process.</p>
<p>Kendra Scott sells jewelry that includes necklaces, earrings, rings and charms, which are distinguished by their custom shapes and natural stones. Customers can also customize the large, colorful jewelry at its "Color Bars" in retail stores and online, where they can chose a stone, metal and shape to their liking.</p>
<p>Scott's jewelry, much of which is priced under $100, has been worn by celebrities such as Sofia Vergara and Mindy Kaling, and has been featured on the runway by designer Oscar de la Renta.</p>