Celebrating its 185th anniversary, C.D. Peacock, Chicago’s oldest business, and the city’s first jeweler, will open one of the largest watch and jewelry stores of its kind in a 20,000-square-foot flagship mansion planned to open at Oakbrook Center in Oak Brook, Illinois, this fall.
The move coincides with a succession plan that transfers leadership from patriarch Seymour Holtzman to son, Steven Holtzman, as the new vice chairman. A global industry veteran, Steven Holtzman’s expertise spans three decades in the Swiss luxury watch market, working with prestigious retailers in Europe, Asia, and the Middle East. He and wife Qi have relocated from Switzerland to Chicago.
“Chicagoans can expect to see C.D. Peacock fanning its vibrant feathers in new places, with unique concepts and strong luxury brand partnerships to serve future generations. We’ve been our great city’s leading jeweler since 1837,” noted Steven Holtzman, vice chairman. “Qi and I are honored to be overseeing one of the most exciting times in our company’s history.”
The flagship will include a lounge, restaurant and VIP rooms to make C.D. Peacock one of the largest jewelry and watch experiences in the U.S.
“The investment in our flagship mansion at Oakbrook Center, where 20 million visitors annually spend over $1 billion — is a natural choice as consumer lifestyles and spending shift to the suburbs,” Holtzman added. “Open space, eclectic restaurant offerings and ample free parking combine to provide the perfect backdrop for our new location, which will redefine the way consumers shop for luxury.”
