Lussori Partners with Two Venture Capital Firms

Lussori, Inc., a luxury retailer of timepieces and jewelry, has partnered with two institutional investment funds, JH Partners and Columbus Venture Capital. Both firms focus on investments in the consumer products and services industries.

Lussori serves customers through its a flagship store in Carmel, Calif., and its Web site, www.lussori.com. Lussori plans to expand its retail network and increase its offering with other premier watch and jewelry brands. As part of the company’s expansion plans Lussori will leverage their proprietary technology and data services to help luxury brands.

“JH Partners has an impressive track record in the consumer and retail category that will be invaluable as we expand,” says Lawrence Kosick, Lussori chief executive officer. “Columbus further provides us with a unique European perspective and additional consumer luxury expertise.”

JH Partners is a San Francisco-based private equity firm focused on investments in growth-oriented consumer products and services companies.

Columbus Venture Capital is based in Switzerland and focuses on opportunities presented by the convergence between global branded consumer goods markets, information technology, and digital media.