Borsheim's Fine Jewelry

Borsheim's Fine Jewelry
Subsidiary
Industry Retail
Founded 1870 (1870) in Omaha, Nebraska, United States
Founder Louis Borsheim
Headquarters Omaha, Nebraska, United States
Area served
 United States
Key people
 Karen Goracke
(President and CEO)
Heather Ingraham
(Diamond Buyer)
Products Jewelry
Parent Berkshire Hathaway
Website www.borsheims.com

Borsheim's Fine Jewelry (/ˈbɔːrʃaɪmz/ BOR-shymz; frequently abbreviated without an apostrophe as Borsheims) is a jewelry store in Omaha, Nebraska. The store was founded in 1870, and has been a subsidiary of Berkshire Hathaway since 1989.

Louis Borsheim started Borsheims in downtown Omaha in 1870. The business was sold to David Fogel in 1947 who later sold it to Louis Friedman and his son Ike in 1955. Both owners retained the Borsheims name.

In 1986, Borsheims moved to the Regency Court Mall. In 1989, investor Warren Buffett purchased a majority of Borsheims stock, making it part of his holding company, Berkshire Hathaway.

Borsheims is led by Karen Goracke, who became Borsheims president and CEO in 2013.[1] The store maintains an inventory that includes more than 100,000 pieces of jewelry and watches.[2]

It has been the location of Berkshire shareholder-only events held in association with its annual general meeting.[3]

References

  1. ↑ Podsada, Janice (2013-10-08). "Warren Buffett's pick for Borsheims CEO took six-year break on rise to the top". Omaha.com. The Omaha World Herald. Archived from the original on 2014-02-26. Retrieved 2014-02-26.
  2. ↑ http://www.omahamagazine.com/tag/borsheims/
  3. ↑ Buffett, Warren. "Berkshire Hathaway Inc. Annual Report 2016" (PDF). Berkshire Hathaway. p. 27. Retrieved 26 February 2017.


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