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H. Stern Com. & Ind., S.A. · Rio de Janeiro Brazil

Company Description

Rua Garcia D'Avila 113 Ipanema
Rio de Janeiro
22421--010
Brazil (Map)
Phone: +55-21-2259-7442
Fax: 212-888-5137
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    H. Stern wants its baubles to get ogled. The company is one of the fastest-growing high-end jewelry (a necklace worn by Angelina Jolie at the 2004 Oscars was valued at $10 million) manufacturers in the world. The company is known for turning its colored gemstones into luxury products. H. Stern runs about 160 stores in a dozen countries worldwide. The firm is rapidly expanding into the Middle East and Eastern Europe, where its rings and accessories are finding a mainstream audience. It also supplies jewelry to other retailers and sells it jewels on cruise ships. Founded in 1945 by German refugee Hans Stern, the company is owned today in equal shares by the Stern sons: Roberto, Ronaldo, Ricardo, and Rafael. To read the full description, subscribe now.
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    Key H. Stern Com. & Ind., S.A. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$167.7
    Employees2,546

    H. Stern Com. & Ind., S.A. Executives

    5 executives listed for H. Stern Com. & Ind., S.A.'s Rio de Janeiro,  location.
    TitleName & BioContact
    CEO and Creative DirectorRoberto SternNetwork
    Hans SternNetwork
    CEO, H. Stern IsraelIsrael KortNetwork

    Competition

    Competitive Landscape for H. Stern Com. & Ind., S.A.
    Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.
    Top H. Stern Com. & Ind., S.A. Competitors
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