Lorenzo Jewelers (Est. 1987) was founded in Hong Kong by Lorenzo Yih, who was born in China, raised in Brazil, and became a gemstone trader in that country. Yih founded a manufacturing company in the 1980s before returning to China and establishing Lorenzo Jewelry Ltd. in Hong Kong in 1987. The company became a major global supplier and was listed on the NASDAQ exchange in 1998. In 2004, Yih began opening 250 retail stores in China under the brand name Enzo.
Yih established GIA Hong Kong in 1994 and was the founding sponsor from 1994 to 2002. In 2000, Yih was inducted into GIA’s League of Honors.
Yih also was an active member of the International Colored Gemstone Association (ICA), which he joined in the early 1990s.
Lorenzo Jewelers, as it is known to the rest of the world, is a leading jeweler most notable for the wide spectrum of its colored gemstone jewelry. It also engages in producing diamond jewelry to complement the colored stones. The brand designs, markets, and distributes a full range of exquisite semi-precious gemstone jewelry through various wholesale channels.
The company’s product lines incorporate all major items of jewelry, including earrings, necklaces, pendants, rings, and bracelets. It is fully committed to the “mine-to-market” strategy and has full integration from sourcing of gemstones directly from mines around the world to cutting, designing, and manufacturing.
According to the firm’s official website, “We have on hand a large selection of certified loose diamonds and natural gemstones. We are partnered with many national brands and have available full custom design in-house. Our store provides several different services such as jewelry repair, cleaning, and appraisals. Our watch services include battery replacement, watchband sizing, cleaning, crystal face replacement and other watch-related issues.
“Not only can you find the latest in designer brands of jewelry, Lorenzo Jewelers offers services that include: appraising by GIA Gemologists, buying jewelry pieces you no longer wear, repairing jewelry/watches, and customizing the ring you have been dreaming of. We [also] buy gold, silver, and platinum!”
Lorenzo Jewelers sells a large selection of Japanese and Swiss timepieces and provides a service to keep treasured timepieces ticking. The firm will also replace old batteries as well as provide watch repairs and services.
Lorenzo Yih passed away in 2016, and, after learning the family had little interest in taking over the business, senior executives Ringo Ng (who joined in 1997) and Alex Lye, president (who joined in 2003), refused to let the brand come to an end. Ng and Lye bought the wholesale part of the company and now refer to themselves as second-generation owners.
“We have no blood relationship at all,” says Lye, referring to Ng. “He’s not my brother, he’s not my cousin. Not my religion, nothing.” And yet the family analogy is apropos.
The same is true of the employees, most of whom have been there for a decade or more. Watching the skill level of these men and women who, in the company’s factory, turn the rough pieces of rock into smoother stones, then preform and, finally, cut and polish gemstones is an astounding process. Fingers expertly shave ragged edges from the stones can come dangerously close to whirling metal saws. Crafts people peer through magnifiers to hand-set tiny gems into prongs that can hardly be seen by the human eye. Women use tweezers to painstakingly inspect microscopic diamonds sifting them into piles for stones that pass and another pile for those that don’t.
The brand’s collections include Bridal and Fashion comprised of rings, earrings, necklaces, bracelets, and pendants. Other collections are identified as Wedding Essentials (that has engagement rings, wedding sets), plus Men’s Wedding, Guards and Enhancers, Ladies Wedding. and Anniversary pieces.
Non- wedding related collections include Onyx, Yellow Fire, Best of Bling, Champagne, Apex, Baguettes, Sapphires, Three Stone Rings, Raise The Bar, Aqua Beauty, The Spirit of Blue Topaz, Brick By Brick, Sapphire Bridal, Garden Wedding, Amethyst Rose, Wave, The Spirit of Amethyst, Color Splash, Come Sail Away, Geometric Beauty, Infinity, Anniversary Earrings, Natural, Tanzanite, London Blues, Morganite, Blushing Bridal, Simply Sparkle, and The Kiss
Watch Brands offered by the firm include Rolex, Cartier, Movado, Tissot, Bulova, Citizen, Seiko, Wittnauer, and Hadley-Roma
Lorenzo Jewelers also works with and promotes well known and up and coming designers.
According to a March 2019 article that appeared in the trade publication, JCK, “Lorenzo is really really dynamic. I honestly believe we bring color to the U.S.,” said Ringo Ng, chief executive officer, noting that the company ships amethysts, citrine, blue topaz, tourmaline, emeralds, rubies, and sapphires” to interested buyers around the country.
Lorenzo Jewelers provides appraisal services from GIA Gemologists and has its main store in Littleton, Colorado.