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The Jewelry District

Episode 95: Guest Lawrence Hess

The Jewelry District

JCK

Fashion & Beauty, Business News, Business, Arts, News

9.9 • 25 Ratings

🗓️ 10 May 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

JCK editor-in-chief Victoria Gomelsky (https://www.jckonline.com/writer/victoria-gomelsky/) and news director Rob Bates (https://www.jckonline.com/writer/rob-bates/) catch up with Lawrence Hess, executive director of The Plumb Club (https://plumbclub.com/), as the organization finalizes plans for JCK Las Vegas. Lawrence shares his memories of growing up the son of the late great designer Jose Hess and offers a succinct history of The Plumb Club. He also gives listeners a preview of the most intriguing—and encouraging—takeaways from the club’s latest research paper and consumer survey, to be shared at the upcoming JCK show.Sponsored by De Beers: institute.debeers.com (http://institute.debeers.com/)Show Notes00:52: Tiffany & Co.’s Landmark Event03:44: Carrying on the Hess Family Legacy05:07: Remembering Jose Hess08:20: Striking Out on His Own11:08: What’s in a Name?14:42: A Brief History of The Plumb Club18:09: The Future Looks Bright20:31: Three Trends to Watch24:22: Lab Grown Diamonds in Simple Terms25:52: Aligning with RJCEpisode CreditsHosts: Rob Bates and Victoria GomelskyProducer and engineer: Natalie ChometPlugs: @jckmagazine (https://www.instagram.com/jckmagazine/); institute.debeers.com (http://institute.debeers.com/)Show RecapTiffany & Co.’s Landmark EventVictoria shares highlights (https://www.jckonline.com/editorial-article/cocktails-at-tiffanys/) from the Tiffany & Co. extravaganza that marked the Fifth Avenue flagship store’s reopening as the Landmark in April. It wasn’t just the beautiful space and the star-studded guest list that impressed her, but also the obvious wealth of the clientele. One guest sported a Tiffany Blue Dial Limited Edition Patek Phillipe Nautilus watch, which sells for $3 million on the secondary market.Carrying on a Family LegacyVictoria and Rob welcome guest Lawrence Hess, executive director of The Plumb Club (https://plumbclub.com/). Victoria notes that the New York City–based group is one of the industry’s most esteemed organizations, boasting a membership of distinguished manufacturers. Calling in from his office in Englewood, NJ, Lawrence says he is gearing up for JCK Las Vegas, where 50 Plumb Club members will exhibit in the group’s 75,000-square-foot pavilion.Lawrence is the son of iconic jewelry designer Jose Hess (https://www.jckonline.com/editorial-article/jose-hess-pioneer-has-died/). Victoria asks Lawrence to share his memories of being raised in the business, thanks not just to Jose but also to stepmom Magdalena “Maggie” Hess, a designer in her own right.Jose instilled a deep love of the industry and its people in his children. “The two most important things to him were family and jewelry,” says Lawrence, who tagged along to work with his dad when he didn’t have school. He recalls his dad’s years as president of The Plumb Club, when early plans for the pavilion covered their dining room table while Jose fine-tuned them.Rob notes that Jose was renowned for his catchphrases, most famously strong like a bull. “That was his answer to everything, whether things were good or bad,” Lawrence remembers. Many of the designer’s observations are memorialized in The Beauty in All, a book Jose and Maggie co-wrote.Striking Out on His OwnAnother Jose Hess motto was that nothing should be handed to you.

Transcript

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0:00.0

Welcome to the Jewelry District, a podcast by J.C.K. brought to you by the De Beers Institute of Diamonds.

0:16.8

Today, Rob Bates and Victoria Gamalski talk with Lawrence Hess, executive director of the Plum Club.

0:29.5

Hey, everyone. Welcome to the jewelry district. This is Victoria Gimelsky, editor-in-chief of JCPayC-K Online.com, calling in from Los Angeles, and I'm with.

0:40.3

Rob Bates, news director of J-C-K and J-C-K-online.com, calling in from New York City, where you just were here, correct?

0:49.8

I was. I was in and out, in a flash. I came in for the Tiffany extravaganza. And let me tell you,

0:56.5

it was quite an extravaganza. It was Thursday, April 27th on the eve of the store opening,

1:02.6

the big flagship, what they're calling the landmark at 57th and 5th. This party was quite something.

1:08.3

There were maybe 80 plus celebrities there, the mayor, director

1:12.6

Baz Luhrman, artist Jeff Coons. And then Katie Perry, of course, performed DJ Mark Ronson,

1:18.7

the Rockettes. And what was interesting is the after party took place in the temporary space

1:25.0

that Tiffany had occupied while their big landmark was being renovated

1:28.9

over the last three and a half years. And so when we ended up moving over for that party where

1:33.2

Katie Perry performed in the Rockettes and closed out with DJ Mark Ronson, you know, it was like we

1:37.8

were partying on the, you know, the sort of the bones of the temporary Tiffany. There was something

1:42.6

very symbolic about that, just really

1:44.3

kind of partying it down. And there were, I think what was most impressive to me is just how

1:50.2

many wealthy clients there were in attendance. That's what caught my eye is just the incredible

1:55.9

amount of wealth there. I saw one woman sporting a Tiffany Blue Nautilus. You know, that piece goes for about

2:01.9

three million on the secondary market. This is the Patech Philippe Piffney Blue Dile Nautilus that was

2:07.6

released at the end of 2021. And that was, you know, just right away, just happened to glance at

2:12.8

somebody. And there were just so many, lots of international clients, too. It wasn't just Americans.

2:18.4

There was a whole contingent from Asia.

...

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