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Lussori gets financial backing

April 04, 2007

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Carmel, Calif.—Luxury retailer Lussori has partnered with two institutional investment firms to finance its plans to expand its retail network and increase its offering of watch and jewelry brands.

San Francisco-based JH Partners and Switzerland-based Columbus Venture Capital, which both focus on the consumer products and services industries, have invested in Lussori.

Lussori currently sells luxury timepieces and designer jewelry through its flagship store in Carmel, Calif., and on its Web site, Lussori.com. It aims to provide customers with professional-level concierge and customer service seven days a week.

As part of its growth plans, Lussori hopes to leverage its proprietary technology and data services to help luxury brands.

Among the brands Lussori sells are: Audemars Piguet, Bell and Ross, Blancpain, Bulgari, Carl F. Bucherer, Chopard, Corum, Girard Perregaux, Glashutte Original, Harry Winston, Hearts On Fire, IWC, Michael Beaudry, Montblanc, Omega, Piaget, TAG Heuer and Ulysse Nardin.
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