As a token of womanhood, this necklace depicts when Venus was born from the sea.
Shreve & Co. to move from storied SF location
After 109 years in the same building, skyrocketing rents in San Francisco are forcing the retailer to relocate, though it’s moving to a larger space that will allow it to expand and remodel.
San Francisco--As rents in San Francisco continue to skyrocket, luxury jewelry retailer Shreve & Co. will relocate from the space it’s occupied for more than a century.
The store has been at its current location on the corner of Post Street and Grant Avenue in the city’s Union Square neighborhood since March 1906.
It moved in just a month before the San Francisco earthquake and fire devastated the city, and is now the oldest retail business in San Francisco and was the only jeweler to survive that catastrophe, according to the company.
Lane Schiffman, vice president at Shreve & Co. parent company Schiffman’s, told National Jeweler that they tried hard to renegotiate the lease but were unable to since they were outbid “in a very aggressive market.”
While it’s not certain at this time exactly when the retailer will be moving, he said they’re hopeful that the store can remain in the Shreve Building until spring 2016.
Schiffman said that even though they’re sad to be leaving that location, they also see it as an opportunity to find a new space that will accommodate the growth goals they have for the store, especially since they’ve already been talking about expansion.
“We’re extremely excited to have the opportunity to move forward,” he said. “The advantage to this is that we can do a really major makeover with new spaces, better lighting and cases, and the ability to present our brands in the prestigious manner that they (the brands) would really like.”
Though he couldn’t yet release specifics about the new location, he did confirm that it will be very close to the existing space, and indeed will be bigger in size than the current 4,300-square-foot Shreve & Co. store.
“We’re a very healthy, thriving business, and we really have no debt. And this isn’t the first time we’ve had to move. So we feel that we have enough experience with all of those stores to make this future move a real success.”
He also noted that the San Francisco real estate is definitely a “hot market” right now, and that a lot of international influence has been entering the market, with big international companies buying prime spaces in the city.
Other brands that are in the Union Square neighborhood within blocks of Shreve & Co. include Bulgari, Christian Dior, Gucci, Prada, Tiffany & Co., and Cartier.
The SF Gate
In addition to its flagship store in San Francisco, Shreve & Co. also has stores in Palo Alto, Calif., and Portland, Ore. It has been part of Greensboro, N.C.-based Schiffman’s since 1992.
The Latest
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
Show your mother some love with a piece of fine jewelry.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Sponsored by the Las Vegas Antique Jewelry and Watch Show
Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
The Indian jeweler’s new store in Naperville, Illinois marks its 350th location, part of its ongoing global expansion plans.
It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.
Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.
PGI partnered with four new and seven returning designers for its annual platinum capsule collection.
Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.
Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.
The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.