Flont
Flont was a jewelry rental service e-commerce company founded in 2016 and available from May 2017 to 2019. Flont employed a 'jewelry as a service' model, where customers could subscribe for a monthly or yearly fee and in exchange receive unlimited jewelry rentals from the site. Its founder Cormac Kinney was a former president of a joint venture with Cartier and Richemont. In 2018, Chow Tai Fook announced a joint venture with Flont to open up to 500 locations in China inside Chow Tai Fook retail stores. The company shut down its business in 2019. History In 2016, Flont was founded by Cormac Kinney Cormac Kinney is a serial fintech entrepreneur, known for Diamond Standard, a regulator-approved fungible diamond commodity, Heatmaps, cited in 5,800 US Patents, and a publisher social network acquired by News Corp. Early life Kinney grew up ... in partnership with over 40 brands. In 2017, Adrian Cheng, executive Chairman of Chow Tai Fook and New World Development, announc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cormac Kinney
Cormac Kinney is a serial fintech entrepreneur, known for Diamond Standard, a regulator-approved fungible diamond commodity, Heatmaps, cited in 5,800 US Patents, and a publisher social network acquired by News Corp. Early life Kinney grew up in University City, Missouri, a suburb of St. Louis, the oldest of six children. He graduated from Carnegie Mellon University's College of Engineering, earning a Bachelor of Science degree, and a Master of Science in 5 years, skipping one year of college, but leaving a Software Engineering degree uncompleted. He has lived in Manhattan, New York City since 1994, and is married to Mimi So, an influential jewelry designer. Career As a student at Carnegie Mellon, Kinney founded two small software companies in succession, acquired by Northwestern Mutual Life Insurance Co., and JD Edwards. Both were related to optimization. Heatmaps, NeoVision In 1993, with Carnegie Mellon Senior Research Scientist, Marc Graham, Kinney founded NeoVision Hypersy ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, educa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carmen Busquets
Carmen Busquets is a Venezuelan entrepreneur, philanthropist and investor who was an early champion of the fashion-tech space. She was the co-founder and founding investor in Net-a-Porter. Since 1992, Busquets has invested £50 million in fashion-tech companies in the United Kingdom and the United States, generating an estimated 10,000 jobs. Busquets opened a boutique named Cabus in Caracas, Venezuela in 1990. With returns from technology stocks that she sold prior to the 2000 "dot-com" crash, she became a co-founder and founding investor in Net-a-Porter after meeting founder Natalie Massenet. Busquets also had a belief Net-a-Porter would be successful having previously sold luxury fashion to clients via photographs through her boutique, Cabus in the pre-internet age. Net-a-Porter's sale to Compagnie Financière Richemont in 2010 netted Busquets over 16 times her initial investment. In 2012, Busquets founded Cabus Venture, a dedicated investment vehicle to finance entre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Adrian Cheng
Adrian Cheng Chi-kong (, born 1979) is a Hong Kong entrepreneur and business executive. He is the CEO and executive vice-chairman of the Hong Kong-listed New World Development, and executive director of jewelry company Chow Tai Fook. He is also the founder of K11 (Hong Kong), K11, which has a portfolio of commercial, cultural and residential projects. He is the son of property developer Henry Cheng and grandson of Cheng Yu-tung. Early life and education Cheng was born to Katherine Ip and Henry Cheng in 1979. He has two younger siblings, Sonia Cheng and Brian Cheng. Cheng is also the grandson of property developer, Cheng Yu-tung. Cheng was educated in his teenage years in the United States, when he attended Taft School in Connecticut. Following his time at Taft, Cheng enrolled at Harvard University. Cheng graduated from Harvard University with a Bachelor of Arts (Cum Laude) honours degree. Cheng later went to Japan to study Japanese culture for a year. He received an honorary D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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E-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other tec ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jewellery
Jewellery ( UK) or jewelry ( U.S.) consists of decorative items worn for personal adornment, such as brooches, rings, necklaces, earrings, pendants, bracelets, and cufflinks. Jewellery may be attached to the body or the clothes. From a western perspective, the term is restricted to durable ornaments, excluding flowers for example. For many centuries metal such as gold often combined with gemstones, has been the normal material for jewellery, but other materials such as glass, shells and other plant materials may be used. Jewellery is one of the oldest types of archaeological artefact – with 100,000-year-old beads made from '' Nassarius'' shells thought to be the oldest known jewellery.Study reveals 'oldest jewellery' , '' [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cartier (jeweler)
Cartier International SNC, or simply Cartier (; ), is a French high-end luxury goods conglomerate that designs, manufactures, distributes, and sells jewellery, leather goods, and watches. Founded by Louis-François Cartier (1819–1904) in Paris in 1847, the company remained under family control until 1964. The company is headquartered in Paris and is a wholly owned subsidiary of the Swiss Richemont Group. Cartier operates more than 200 stores in 125 countries, with three Temples (Historical Maisons) in London, New York, and Paris. Cartier is regarded as one of the most prestigious jewellery manufacturers. ''Forbes'' ranked Cartier on its Most Valuable Brands list as 59th in 2018 and 56th in 2020, with a brand value of $12.2 B and revenue of $6.2 B. Cartier has a long history of sales to royalty. King Edward VII referred to Cartier as "the jeweller of kings and the king of jewellers." For his coronation in 1902, Edward VII ordered 27 tiaras and issued a royal warrant to Cartie ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richemont
Compagnie Financière Richemont S.A., commonly known as Richemont, is a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Through its various subsidiaries, Richemont produces and sells jewellery, watches, leather goods, pens, firearms, clothing, and accessories. Richemont is publicly traded as CFR on the SIX Swiss Exchange and the JSE. The brands it owns include A. Lange & Söhne, Azzedine Alaïa, Baume & Mercier, Buccellati, Cartier, Chloé, Dunhill, IWC Schaffhausen, Giampiero Bodino, Jaeger-LeCoultre, Montblanc, Officine Panerai, Piaget, Peter Millar, Purdey, Roger Dubuis, Vacheron Constantin and Van Cleef & Arpels. , Compagnie Financière Richemont S.A. was the sixth-largest corporation by market capitalization in the Swiss Market Index. As of 2017, Richemont was the third-largest luxury goods company in the world after LVMH and Estée Lauder Companies. History Johann Rupert founded Compagnie Finan ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chow Tai Fook
Chow Tai Fook group is a Hong Kong–based, privately-owned conglomerate with holdings in the jewellery, property development, hotel, department store, transportation, energy, telecommunications, port, casino, and other businesses. Despite the holding companies of the group, namely Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited, Chow Tai Fook Enterprises Limited, etc. being privately owned, the group has been partially listed on the stock market via associate company New World Development (, listed since 1972) and subsidiary Chow Tai Fook Jewellery Group Limited (, listed since 2011). As of 31 December 2018, New World Development was ranked as the 47th-largest company by market capitalization on the Stock Exchange of Hong Kong, which was HK$105.68061 billion. However, the size of the unlisted portion of the Chow Tai Fook business empire is unclear. The ''Financial Times'' quoted one banker of the Cheng Yu-tung family, who said, "You can't look at hengYT w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land, the List of countries and territories by land borders, most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third List of countries and dependencies by area, largest country by total land area. The country consists of 22 provinces of China, provinces, five autonomous regions of China, autonomous regions, four direct-administered municipalities of China, municipalities, and two special administrative regions of China, Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the List of cities in China by population, most populous cit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New World Development
New World Development Company Limited (NWD), is a Hong Kong-based company focused on property developer in Hong Kong, property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The company is publicly listed on the Stock Exchange of Hong Kong Limited (SEHK: 17) since 23 November 1972 and is a constituent stock of Hong Kong Hang Seng Index. Over the last four decades, the group has also actively participated in various businesses in Mainland China and established itself as one of the largest foreign direct investors in the country. The group's existing investments in Mainland China has exceeded US$16.5 billion, spreading across four municipalities and over 19 provinces. History Launch and rapid growth The New World Development (NWD) Company Limited was established on 29 May 1970 to venture into property development. Dr Ho Sin Hang was elected Chairman of the company, while Dr. Cheng Yu-tung was appointed Di ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |