Group steps up to save venerable Boston & Richmond Jewelers
10 Oct '06
3 min read
Our immediate goal for the companies is to sell-off the current inventory so that the new owners can start with a clean slate." Early in 2007, both companies will be completely re- merchandised and will re-open under their new owners.
All of the Schwarzschild stores will remain open. While the fate of Shreve, Crump & Low's Boylston Street store is uncertain, pending the outcome of negotiations with the landlord, the Chestnut Hill store will remain open. Both Schiffman's and David & Co. will offer current employees the opportunity to stay with the new companies.
The Gordon Company of Ft. Lauderdale, Florida has over 100 years of family heritage in the disposition of fine jewelry, and is known as a leader in the asset management field.
Guided by Philip Gordon, who led the jewelry promotion of Gordon Brothers Group for over 50 years; his son Jeff Gordon with over 30 years of experience in the field and Phil Holden, The Gordon Company creates tailored solutions for luxury jewelers designed to raise consumer awareness and sales.
The Gordon Company recently revitalized the Jose Hess jewelry brand. Tiger Capital Group, LLC of Boston was formed in 2001 by Stephen Goldberger and the principals of the Nassi Group of Westlake Village and Alco Capital Group of New York City.
Tiger Capital specializes in the promotion and management of store closing events and inventory reduction sales for retail companies.