Georg Jensen Names David Chu as CEO

David Chu

Danish luxury silver brand and global retailer, Georg Jensen, said Friday it has appointed fashion designer and entrepreneur, David Chu, as its chief executive officer. Chu is well-known in the world of fashion for founding Nautica, the global lifestyle and clothing brand, in 1983 and turning it into a company with $1 billion in sales by the time he sold it in 2003 to Vanity Fair Corp.

Chu has been with Georg Jensen since November 2012, when the company was acquired by Investcorp. Chu was brought on as co-chair of Georg Jensen’s board of directors and chief creative officer. He will continue to serve as a board member as well as CCO to oversee the design direction and strategy for all products.

“My goal is to bring Georg Jensen to the design conscious community all over the world,” Chu said in a statement.

Among his many positions since selling Nautica, Chu served as chief creative officer of Tumi, the global luggage, travel and accessory brand.

Founded in 1904, Georg Jensen is known for its collaborations with leading artists and designers of the 20th century, including Henning Koppel, Johan Rohde and Arne Jacobsen, who are among the masters of 20th century modernism and Scandinavian design.

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David Chu

Danish luxury silver brand and global retailer, Georg Jensen, said Friday it has appointed fashion designer and entrepreneur, David Chu, as its chief executive officer. Chu is well-known in the world of fashion for founding Nautica, the global lifestyle and clothing brand, in 1983 and turning it into a company with $1 billion in sales by the time he sold it in 2003 to Vanity Fair Corp.

Chu has been with Georg Jensen since November 2012, when the company was acquired by Investcorp. Chu was brought on as co-chair of Georg Jensen’s board of directors and chief creative officer. He will continue to serve as a board member as well as CCO to oversee the design direction and strategy for all products.

“My goal is to bring Georg Jensen to the design conscious community all over the world,” Chu said in a statement.

Among his many positions since selling Nautica, Chu served as chief creative officer of Tumi, the global luggage, travel and accessory brand.

Founded in 1904, Georg Jensen is known for its collaborations with leading artists and designers of the 20th century, including Henning Koppel, Johan Rohde and Arne Jacobsen, who are among the masters of 20th century modernism and Scandinavian design.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

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Harry Winston Is Not For Sale

The Harry Winston salon in Paris.

Harry Winston Diamond Corp. issued a statement Thursday saying it is not in talks to sell its luxury jewelry and watch business.

“While it is the company’s general policy not to comment on market rumors, it confirms that it has received various indications of interest regarding a potential purchase of its luxury brand segment. It is not in active negotiations regarding any such transaction,” it said in the statement. “The company does not intend to make any further public announcements regarding this matter unless it concludes that they are warranted by the circumstances or are required by law.”

The statement came as a result of stories from Reuters and other outlets stating that Harry Winston “has been approaching potential buyers such as luxury groups LVMH and PPR.”

Harry Winston Diamond Corp. is a business with assets in the mining and retail segments of the diamond industry. Harry Winston supplies rough diamonds to the global market from its 40 percent ownership interest in the Diavik Diamond Mine. The company’s luxury brand segment is a diamond jeweler and luxury timepiece retailer with salons in key locations throughout the world.

Harry Winston shares ownership of the diamond mine in the Northwest Territories of Canada with mining giant Rio Tinto, which owns a 60 percent stake. The miner has announced its intention to sell all of its diamond mines to concentrate in larger mining segments. Harry Winston was reportedly in talks to buy the mine outright.

Please join me on the Jewelry News Network Facebook Page and on Twitter  @JewelryNewsNet.

The Harry Winston salon in Paris.

Harry Winston Diamond Corp. issued a statement Thursday saying it is not in talks to sell its luxury jewelry and watch business.

“While it is the company’s general policy not to comment on market rumors, it confirms that it has received various indications of interest regarding a potential purchase of its luxury brand segment. It is not in active negotiations regarding any such transaction,” it said in the statement. “The company does not intend to make any further public announcements regarding this matter unless it concludes that they are warranted by the circumstances or are required by law.”

The statement came as a result of stories from Reuters and other outlets stating that Harry Winston “has been approaching potential buyers such as luxury groups LVMH and PPR.”

Harry Winston Diamond Corp. is a business with assets in the mining and retail segments of the diamond industry. Harry Winston supplies rough diamonds to the global market from its 40 percent ownership interest in the Diavik Diamond Mine. The company’s luxury brand segment is a diamond jeweler and luxury timepiece retailer with salons in key locations throughout the world.

Harry Winston shares ownership of the diamond mine in the Northwest Territories of Canada with mining giant Rio Tinto, which owns a 60 percent stake. The miner has announced its intention to sell all of its diamond mines to concentrate in larger mining segments. Harry Winston was reportedly in talks to buy the mine outright.

Please join me on the Jewelry News Network Facebook Page and on Twitter  @JewelryNewsNet.

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Harry Winston Opens Salon in Harrods

International luxury brand, Harry Winston, on Friday opened a salon in Harrods, marking its second retail location in London and 27th worldwide.

Located in the luxury department store’s fine jewelry room, the salon was designed by Studio Sofield, Inc. of New York. The 631-square-foot space uses a soft taupe and grey color palette complements the custom designed black lacquer and antique bronze furniture and display vitrines, with vintage floor lamps, bespoke chandeliers and hand beaded silk walls completing the look.

The salon contains dedicated high jewelry, bridal jewelry, and timepieces, including one-of-kind pieces from the brand’s Ultimate Adornments. Harry Winston’s largest high jewelry collection to date, was on display for the grand opening.

Frédéric de Narp, president & CEO, Harry Winston Inc., said the new salon is part of the company’s expansion plan.

“Harry Winston salons are located in the finest shopping destinations across the globe,” he said. “As one of the great international cities, London is a key and critical part of our retail growth.”

Please join me on the Jewelry News Network Facebook Page and on Twiiter @JewelryNewsNet. 

International luxury brand, Harry Winston, on Friday opened a salon in Harrods, marking its second retail location in London and 27th worldwide.

Located in the luxury department store’s fine jewelry room, the salon was designed by Studio Sofield, Inc. of New York. The 631-square-foot space uses a soft taupe and grey color palette complements the custom designed black lacquer and antique bronze furniture and display vitrines, with vintage floor lamps, bespoke chandeliers and hand beaded silk walls completing the look.

The salon contains dedicated high jewelry, bridal jewelry, and timepieces, including one-of-kind pieces from the brand’s Ultimate Adornments. Harry Winston’s largest high jewelry collection to date, was on display for the grand opening.

Frédéric de Narp, president & CEO, Harry Winston Inc., said the new salon is part of the company’s expansion plan.

“Harry Winston salons are located in the finest shopping destinations across the globe,” he said. “As one of the great international cities, London is a key and critical part of our retail growth.”

Please join me on the Jewelry News Network Facebook Page and on Twiiter @JewelryNewsNet. 

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