Bucherer USA Acquires California Retailer Leeds & Son
Founded in 1947, the store is Palm Desert, California’s only official retailer for Rolex, Patek Philippe, and Tudor.
Terms of the deal were not disclosed.
Edward and Eleanore Weiner founded Leeds & Son in 1947. Their son Terry took over the company in 1981 and has run it alongside his sister Riki Stein ever since.
The retailer is the Coachella Valley’s only official jeweler for Rolex, Patek Philippe, and Tudor, and offers jewelry from Rahaminov Diamonds, Picchiotti, Robert Procop, JB Star, Messika, Como Italia, and many others.
“We’re excited to welcome the Leeds & Son team to the Bucherer family and expand our customer relationships in California,” said Ira Melnitsky, CEO of Tourneau and president of Bucherer USA.
“The Leeds & Son team has worked tremendously hard to foster a loyal community, and we are looking forward to building on that success. In 2018, we acquired Baron & Leeds in Costa Mesa and Hawaii and could not be happier with the ongoing success of those stores.”
Swiss watch and jewelry retailer Bucherer purchased Tourneau in 2018 to make its foray into the U.S. market.
Tourneau has more than 34 retail locations in America, including the Bucherer 1888 TimeMachine flagship on Madison Avenue in New York City. (All its stores were renamed after the acquisition.)
Bucherer has 36 boutiques across Europe.
The Latest
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The announcement came as the company reported a 23 percent drop in production in Q1.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.