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Article: De Beers LV planning to open 150 stores.(FACETS)
- Article from:
- Israel Diamonds
- Article date:
- June 1, 2005
CopyrightCOPYRIGHT 2005 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As De Beers LV completed preparations for the opening in June of its Manhattan showroom, The Times of London reported that the joint venture between De Beers and LVMH is planning to open 150 outlets of the luxury jewelry retailer. The partners are investing about $500 million in the project.
The Manhattan showroom, which is located on Fifth Avenue, will be the first of numerous De Beers LV stores in the United States. The second showroom will open in Beverly Hills in October. Speaking to The Times, Guy Leymarie, chief ...
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