By Hallie Engel
Maker Mends co-chairman and founder of Maker Mends, a watch and jewellery repair service business for industry professionals, has sold his 50% shareholding in the company to partner and co-founder to David Lewis.
The LA-based Stern explained that though Maker Mends remains “close to his heart,” the company’s current progression and growth requires more time than he is able to devote.
Discussing the challenges he faced, Stern explained that: “The different time zones and travel requirements make it difficult at best to have a seamless, true partnership and I think it is best for all parties that I step aside and leave David to continue on with the journey, surrounded by the excellent team that has been assembled over the years.”
Next, Stern will assist in the launch a series of custom jewellery designer lounges, named Product Confidential, for the retail market. Though the business will be primarily located in the US, there are plans to expand it into European cities.