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De Grisogono Eyes U.S. Growth With New Deal
Feb 12, 2017 8:39 AM
By Rapaport News
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RAPAPORT... De Grisogono, a high-end jeweler that has bought some of the
world’s largest rough diamonds, has entered into a partnership for its
American operations in an attempt to develop its brand in the U.S.
David and Lisa Klein, who own DLK, will manage De Grisogono
USA, the Geneva-based company said on Friday.
“After developing the brand in the U.S. for more than 15
years, the partnership with David and Lisa Klein will enable us to join forces
with a key player in the jewelry business,” said John Leitao, chief executive
officer of De Grisogono. “This is a great opportunity for De Grisogono to
further enhance its unique positioning and unlock its full potential in the
U.S.”
De Grisogono, founded in 1993, last year bought the rights
to the 813-carat Constellation rough diamond discovered by Lucara Diamond
Corporation at the Karowe mine in Botswana. Earlier last year, the jeweler acquired
the rights to market a 404-carat stone extracted by Lucapa Diamond Company at
its Lulo project in Angola.
De Grisogono will continue to operate its boutique store on
Madison Avenue, New York, and plans to open a new location in the city in the fall of
this year, the company added.
David and Lisa Klein ran jeweler Leviev’s U.S. business
prior to the De Grisogono deal and have ended that relationship, according to
a report by Luxury Daily. DLK did not immediately respond to a request for
comment outside working hours on Sunday.
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Tags:
Constellation, David and Lisa Klein, De Grisogono, De Grisogono USA, DLK, jewelers, Jewelry, John Leitao, Leviev, Lucapa Diamond Company, Lucara Diamond Corporation, Rapaport News, retail, Rough Diamonds, u.s.
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