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.
More on Majors
The Latest
ColumnistsJan 31, 2023
Squirrel Spotting: How About a Word for the New Year?It begins with a “t” and ends with a “c” and is imbued with warmth and positivity, Peter Smith writes.
Policies & IssuesJan 31, 2023
Rio Tinto Issues Apology After Radioactive Capsule Goes Missing The tiny capsule, which is believed to have fallen out of a truck, was lost somewhere along an 870-mile stretch of desert road.
Events & AwardsJan 31, 2023
Gucci Is Getting a Gem AwardThe Italian luxury brand will receive the first Gem Award for High Jewelry Excellence.
Brought to you by
Bringing Over 130 Years of Diamond Expertise to Modern GradingDe Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
MajorsJan 30, 2023
Researchers Uncover Bejeweled ‘Golden Boy’ MummyThe ancient Egyptian teenager was buried 2,300 years ago with 49 amulets to guide him through the afterlife.
Weekly QuizJan 26, 2023
This Week’s QuizTest your jewelry news knowledge with this short test.
SurveysJan 30, 2023
Consumers Embracing Non-Traditional Ways to Mark Valentine’s Day The NRF’s annual survey shows that consumer attitudes about how, or even whether, to celebrate Feb. 14 continue to evolve.
Events & AwardsJan 30, 2023
JA Is Searching for the Next Retail ’20 Under 40’ Nominations are open now through March 24.
Brought to you by
De Beers Institute of Diamonds Expands to Offer Education De Beers is sharing over 130 years of experience and expertise through the De Beers Institute of Diamonds with a selection of courses.
MajorsJan 30, 2023
10 Jewelry News Stories You Might Have MissedA column detailing how independent jewelers did last year and the top watch brands of 2022 were among the most-read stories last week.
FinancialsJan 27, 2023
Tiffany & Co. Shines for LVMH in 2022Acquired in 2021, the brand’s high jewelry sales have doubled and its new “Lock” collection was an instant hit.
MajorsJan 27, 2023
Diamond Council of America Appoints Treasurer, Board MemberExecutives from Fred Meyer Jewelers and Riddles Jewelers have filled the roles.
CollectionsJan 27, 2023
Piece of the Week: Heavenly Vices’ Lock NecklaceThe Victorian-inspired design is a functional lock and key.
Supplier BulletinJan 26, 2023
JA New York Spring Brings the Industry TogetherFor over 100 years, JA New York has played an integral role in facilitating the evolution of our industry, while also honoring past traditions.
TrendsJan 26, 2023
At Vicenzaoro, Paola De Luca Gazes Into Jewelry’s FutureThe trend forecaster and her guests explored unconventional jewelry designs, NFTs, AI art, and more during her Trendvision presentation.
CollectionsJan 26, 2023
NDC and Lorraine Schwartz Announce New ‘EDDI’ ClassThe Emerging Designers Diamond Initiative provides diamond credit and mentorship to young brands helmed by BIPOC designers.
IndependentsJan 26, 2023
Lee Michaels Fine Jewelry Set to Open 10th StoreIt will be located in San Antonio’s Alamo Quarry Market and will be Lee Michaels’ third location in the city.
Policies & IssuesJan 26, 2023
Diamonds Do Good Names 10 to Board of DirectorsStephanie Gottlieb, Jewelers Mutual’s Mike Alexander, and Craig Rottenberg of Long’s Jewelers are among the new board members.
WatchesJan 25, 2023
These Were 2022’s Top-Selling Watch Brands, Chrono24 SaysRolex remained No. 1 while a brand known for its pilot watches slipped into the No. 5 spot.
MajorsJan 25, 2023
John Hardy Names New CEOLuxury retail executive Frédéric Levy has taken on the role.
Events & AwardsJan 25, 2023
Couture DAC Accepting Applications for Mentorship ProgramJewelry designers have until early February to apply to take part in Couture's Diversity Action Council program.
CollectionsJan 25, 2023
Stephanie Gottlieb Announces First President, CCO HireMorgan P. Richardson joins from La Perla.
Policies & IssuesJan 25, 2023
PGI’s New Portal Wants to Teach You About PlatinumThe new portal will share information on responsible platinum sourcing and how it’s used beyond jewelry.
SourcingJan 24, 2023
Tiffany Buys 35 of the Last Diamonds Recovered From Argyle Purchased directly from Rio Tinto, the collection consists of pinks, purples and one red, none larger than 1.52 carats.
ColumnistsJan 24, 2023
On Data: Here’s How Independent Jewelers Did in 2022 Sherry Smith breaks down retailers’ performance last year, including how natural diamonds fared vs. lab-grown.
GradingJan 24, 2023
GIA Launches AGS Diamond Light Performance Supplement ReportThe AGS Ideal Report by GIA is a digital-only addition to GIA diamond reports.
MajorsJan 24, 2023
WJA Announces New International Board MembersThe seven newcomers include executives from David Yurman, De Beers, and GIA.
EditorsJan 23, 2023
Designers to Watch in 2023: Aurelia DemarkThe designer finds the modernity in classic motifs and family heirloom jewels.
