FinancialsFeb 10, 2022
Watches of Switzerland’s Q3 Jewelry Sales Up 88%MajorsApr 12, 2022
Watches of Switzerland Shifts Executive Team
David Hurley was promoted to deputy CEO and will also serve as president of the North America division.
Watches of Switzerland’s David Hurley was named deputy CEO and will also serve as president of the North America division.
London—Watches of Switzerland is shaking up its executive team following a strong third quarter that saw jewelry sales nearly double.
David Hurley was promoted to deputy CEO and will also serve as president of the North America division.
Hurley joined the company in 2015, then known as Aurum Holdings, and most recently served as executive vice president of Watches of Switzerland USA.
He has a fashion background, previously working for Ralph Lauren, where he met Watches of Switzerland CEO Brian Duffy.
Hurley has overseen a number of acquisitions for the company, including Mayors in 2015 and several independent jewelers, including family-owned Betteridge, in 2021.
His appointment is reflective of the importance of the U.S. market to the group as it continues its North American expansion, said the company.
Its North American expansion began five years ago with the opening of its first U.S. flagship in New York’s SoHo in 2018. It now operates seven multi-brand boutiques, 13 mono-brand showrooms, 12 Mayors locations, and three Betteridge locations.
Related stories will be right here …
David Hurley was promoted to deputy CEO and will also serve as president of the North America division.
Hurley joined the company in 2015, then known as Aurum Holdings, and most recently served as executive vice president of Watches of Switzerland USA.
He has a fashion background, previously working for Ralph Lauren, where he met Watches of Switzerland CEO Brian Duffy.
Hurley has overseen a number of acquisitions for the company, including Mayors in 2015 and several independent jewelers, including family-owned Betteridge, in 2021.
His appointment is reflective of the importance of the U.S. market to the group as it continues its North American expansion, said the company.
Its North American expansion began five years ago with the opening of its first U.S. flagship in New York’s SoHo in 2018. It now operates seven multi-brand boutiques, 13 mono-brand showrooms, 12 Mayors locations, and three Betteridge locations.
Concurrent with Hurley’s promotion is the news that Craig Bolton, who previously served as executive director in the U.K., has been named president.
“I would like to congratulate David and Craig on their respective appointments. Our management structure continues to develop in response to and in anticipation of our business development,” said Duffy.
Luxury goods veteran Chabi Nouri has been named to the board as an independent non-executive director and will serve on its Environmental, Social, and Governance Committee, effective May 1.
“Chabi has outstanding luxury retail experience, particularly in the watch and jewelry sector, and we are delighted to welcome someone of her pedigree and expertise to the board,” said Duffy.
Nouri is a private equity partner of Swiss private banking group Mirabaud and the co-fund manager of the Mirabaud Lifestyle franchise.
Previously, she served as the president and CEO of Piaget for seven years, then took on a strategic advisory role with Richemont.
Nouri has held various senior roles in the luxury industry in her 20-plus-year career, including management, retail operations, and marketing.
Editors' Picks
Sponsored by
More on Majors
The Latest
CrimeMar 04, 2025
4 Suspects Arrested in Fatal Armed Robbery of California Jewelry Store Uc Thí Vo, who co-owned Kim Tin Jewelry in Sacramento with her husband of 40 years, was killed during the November 2024 robbery.
CrimeMar 04, 2025
NYC Diamond Dealer Pleads Guilty to Lab-Grown Diamond SwapsManashe Sezanayev pleaded guilty to grand larceny and is expected to receive five years’ probation when he’s sentenced in May.
TrendsMar 04, 2025
Amanda’s Style File: Peaceful and Powerful AquamarineThe March birthstone pairs perfectly with hues of Mocha Mousse, Pantone’s Color of the Year for 2025.
Brought to you by
Have a Plan for EmergenciesEmergencies can happen anytime, anywhere , and Jewelers of America has what you need to be prepared for it all.
ColumnistsMar 04, 2025
The Smart Lab: Using Online Events to Supercharge Sales Emmanuel Raheb shares strategies to prepare for, publicize, and engage the audience during events on platforms like TikTok and Zoom.
Weekly QuizFeb 27, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
EditorsMar 03, 2025
Drop Necklaces, Archival Pieces Take Over at the 2025 OscarsFrom Doja Cat to Mikey Madison and Selena Gomez, many of this year’s Academy Awards attendees donned drop necklaces.
Policies & IssuesMar 03, 2025
Customs Indefinitely Postpones Requirement to Disclose Country of MiningOriginally slated to take effect in April, official U.S. Customs and Border Protection documents now show the implementation date as “TBD.”
Brought to you by
A Diamond ETF is the Way to Reinvigorate Natural Diamond SalesThe jewelry industry faces challenges from lab-grown diamonds. A diamond ETF can restore natural diamonds' value and drive investor demand.
SurveysMar 03, 2025
Consumer Confidence Fell in February Amid Concerns About the FutureThe recent jump in the prices of household staples, like eggs, and the potential impact of tariffs worried consumers.
Events & AwardsMar 03, 2025
AGA Now Accepting Applications for Its Gemological Education Scholarship The application period for the program is now open for aspiring gemologists around the world.
CollectionsFeb 28, 2025
Piece of the Week: Ironhorse Quillwork EarringsThe work of Indigenous designer Joe Big Mountain, these earrings are similar to the pair Lily Gladstone just wore to the SAG Awards.
AuctionsFeb 28, 2025
300-Year-Old Ring With Ties to Witch Trial Judge Up for Auction A metal detectorist uncovered the ring created in memory of Sir Richard Rainsford, who presided over some of England’s last witch trials.
Recorded WebinarsFeb 28, 2025
Watch: 2025 Jewelry Trends ForecastFine jewelry consultant and publicist Francesca Simons joins Amanda Gizzi and Natalie Francisco to discuss the trends set to rise this year.
TrendsFeb 27, 2025
Model Winnie Harlow Says ‘Yes’ to 3-Stone Engagement RingHarlow’s partner, NBA player Kyle Kuzma, worked with Vobara to design the ring, which features oval and pear-shaped diamonds.
SourcingFeb 27, 2025
Gemfields Holds Mini Auction for Higher-Quality EmeraldsThe 13 lots on offer were comprised of material that previously went unsold at the miner’s November auction.
Events & AwardsFeb 27, 2025
JA to Host Workshop During Alabama Jewelers Association ConventionThe learning workshop and the convention are both scheduled to take place April 26 and 27 in Montgomery, Alabama.
Policies & IssuesFeb 26, 2025
EU Once Again Pushes Back Deadline on Diamond Traceability The EU, like the U.S., also now will require diamond importers to provide information about where exactly the diamonds were mined.
SourcingFeb 26, 2025
De Beers, Botswana Make New Diamond Sales Deal OfficialThe formal signing of the agreement comes nearly two years after De Beers and Botswana initially announced they had reached a new deal.
Events & AwardsFeb 26, 2025
JFC Names 2025 ‘Facets’ HonoreesThe charity will celebrate Pandora CEO Alexander Lacik and Brilliant Earth CEO Beth Gerstein at its annual event in Las Vegas.
ColumnistsFeb 25, 2025
Peter Smith: Here’s What I Think Retailers need to have the right merchandise, marketing, and people in place to stay on top in a sea of uncertainty, Peter Smith writes.
EditorsFeb 25, 2025
Out & About: Visiting Tacori’s New Shop-in-Shop Senior Editor Lenore Fedow traveled to Smyth Jewelers in Maryland to see the first of 15 revamped in-store boutiques Tacori is rolling out.
CollectionsFeb 25, 2025
Michael B. Jordan Stars in David Yurman’s Spring CampaignThe company’s newest brand ambassador Eiza González will also be featured in the ads for the women’s campaign.
SourcingFeb 24, 2025
Colored Stone Market Update: Tracking Industry Trends in TucsonDeclining supply and growing demand persist in the colored gemstone market, presenters from Gemworld said at AGTA GemFair Tucson.
TrendsFeb 24, 2025
Renna’s Lobster Clasp Looks Like a Claw, Now It's Patented by LawThe designer’s new patent transforms the everyday clasp into her jumbo “Lobster Clasp,” modeled after the look of a crustacean’s claw.
Events & AwardsFeb 24, 2025
Bogolo Joy Kenewendo to Speak at Annual JVC LuncheonKenewendo, Botswana’s minister of minerals and energy, will discuss the future of diamonds.
SourcingFeb 24, 2025
Diavik’s Production Down 17% in 2024 Sales at the Rio Tinto-owned mine also slid by a double-digit percentage, falling 37 percent in a difficult market for diamonds.
CollectionsFeb 21, 2025
Piece of the Week: Jade Ruzzo’s ‘Tennessee’ Oval Drop EarringsHeidi Gardner, an SNL cast member, wore the smoky quartz earrings on the “SNL50: The Anniversary Special” red carpet on Sunday.
