Lustig Jewelers
Lustig Jewelers is a family-owned retail jeweler founded in 1949, operating a single Vernon Hills, Illinois showroom plus e-commerce site serving the Chicagoland area with custom design, bridal and fine jewelry, designer brands, and on-site repair services.
- Company typePrivate
- Founded1949
- HeadquartersVernon Hills, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Lustig Jewelers does
Lustig Jewelers is a privately-held, family-owned retail jewelry store founded in 1949 by Ted Lustig and currently led by Dan Lustig. Operating from a single showroom at 281 W. Townline Road in the Aspen Pointe Shopping Center, Vernon Hills, Illinois, the company serves the greater Chicagoland area with a team of fewer than ten staff including on-premise master bench jeweler Roman and long-tenured employees Dan and Jill. The business offers a full-service jewelry proposition spanning custom design, bridal and wedding jewelry, fine and fashion jewelry, colored stones, pearls, sterling silver, lab grown diamonds, designer brands, and supporting services such as on-site repairs, engraving, and financing.
The core product engine is custom jewelry design: customers collaborate with the in-house designer using 3D CAD visualization and on-premise casting and wax model production, with an online 3D Custom Ring Builder tool extending the design process into customers' homes before showroom finalization. Distribution centers on the physical showroom complemented by an e-commerce storefront, gift card program, multi-channel financing (Jewelers Reserve and Synchrony Bank, 6-18 month deferred payment), interest-free layaway up to six months, and exclusive regional purveyor status for nine designer brands including Carizza, Naledi Bridal, MaloBands, Malo Creations, Sophia By Design, Love Story, MaeVona, Meteor Cut Diamonds, and Promezza. The company also markets a specialty Superfit Adjustable Ring Shanks service for arthritic-joint customers starting at $1,500 in 14k gold.
Revenue is not publicly disclosed. The business generates income primarily through one-time retail jewelry sales across a price range from $82.50 (sterling silver) to $3,599+ (fine bridal pieces), supplemented by professional services revenue from custom design, jewelry repair, engraving, and specialty shank installation. Customer segments are diversified across bridal and wedding buyers, fashion jewelry enthusiasts, custom jewelry buyers, male customers seeking alternative-metal bands, and gift purchasers. The company has no external investors, no parent entity, no subsidiaries, and no disclosed funding history, with multi-year Angie's List Super Service Awards (2013-2016) serving as the primary third-party validation of service quality.
Lustig Jewelers firmographics
Firmographics- Name
- Lustig Jewelers
- Legal name
- Lustig Jewelers
- Website
- https://lustigjewelers.com
- Company type
- Private
- Founded year
- 1949
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Lustig Jewelers is a family-owned retail jeweler founded in 1949, operating a single Vernon Hills, Illinois showroom plus e-commerce site serving the Chicagoland area with custom design, bridal and fine jewelry, designer brands, and on-site repair services.
- Ownership category
- akta.pro rank
Lustig Jewelers industry classification
Industry- Product category
- Retail Jewelry
- NAICS
- Jewelry Retailers (458310), Jewelry and Silverware Manufacturing (33991)
- SIC
- Retail-Jewelry Stores (5944), Jewelry, Precious Metal (3911)
- akta.pro primary industry
- Bridal & Engagement Jewelry Retail (CRAKAGAC)
- akta.pro secondary industries
- Custom Bridal & Engagement Design (CRAKAHAB), Bridal & Engagement Jewelry Manufacturing (CRAKAIAC), Diamond Jewelry (CRAKAAAA), Colored Gemstone Jewelry (CRAKAAAB)
Keywords
Where Lustig Jewelers is headquartered
LocationHeadquarters
- HQ city
- Vernon Hills
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Lustig Jewelers business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Jewelry Product Sales: Primary revenue from retail jewelry sales including engagement rings, wedding bands, fashion jewelry, bridal sets, colored stone jewelry, pearl jewelry, men's fashion jewelry, and lab grown diamonds. Products range from affordable sterling silver pieces to high-end fine jewelry with precious metals and gemstones.
- Jewelry Repair Services: On-premise jewelry repair services performed by experienced technicians. Offers repairs on jewelry purchased at Lustig's and items from other retailers.
- Engraving Services: Ring and bracelet engraving services, often completed same-day. Free engraving on all pieces purchased at Lustig's; affordable pricing on customer-brought items.
- Custom Jewelry Design Services: Custom jewelry design consultation with in-house designer Roman. Customers involved in design process from conception to completion, with casting and wax model work performed on premises.
- Superfit Adjustable Shanks: Custom service for adjustable ring shanks for arthritic joints. Professional installation required. Starting price of $1500 in 14 karat gold.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time/ perpetual license | Gift Cards with Bonus Value |
| Unit Pricing | One time/ perpetual license | Standard Retail Pricing |
| Other | Monthly | Financing Program |
| Other | Multi-year contract | Layaway |
| Other | One time/ perpetual license | Shipping |
| Unit Pricing | One time/ perpetual license | Superfit Adjustable Shanks |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Lustig Jewelers product offering
Product offeringCore offering
Lustig Jewelers is a family-owned retail jewelry store selling fine jewelry, bridal jewelry (engagement rings, wedding bands, bridal sets, anniversary rings), custom-designed jewelry, fashion jewelry, pearl jewelry, colored stone jewelry, sterling silver pieces, and lab grown diamonds. The store offers an in-house custom jewelry design service using 3D CAD technology, on-site jewelry repair, engraving services, and specialty products such as Superfit adjustable ring shanks, supported by financing and layaway programs.
Product overview
Lustig Jewelers is a family-owned jewelry retailer founded in 1949, offering a comprehensive portfolio of fine jewelry products and services centered around custom design, bridal jewelry, and designer collections. The core offering includes Custom Jewelry Design services powered by 3D CAD technology and an in-house designer, combined with an extensive Bridal Jewelry Collection featuring engagement rings, wedding bands, anniversary rings, and bridal sets. The company differentiates through exclusive designer brands (Carizza, MaloBands, Naledi Collection, Sophia By Design, Miracle Mark) and Lab Grown Diamonds for ethically-conscious consumers. Additional product lines include Fine Jewelry (diamond fashion, gold fashion, colored stones, pearl jewelry, sterling silver), Fashion Jewelry, and specialty items like the Superfit Adjustable Ring Shanks for arthritic customers. The business also offers supporting services including jewelry repair, engraving, 3D custom ring builder tool, financing programs, layaway, and diamond education resources. The company positions itself as a full-service jeweler with a 'Can Do' philosophy emphasizing customer customization and personalized service.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Free engraving on all jewelry purchased at Lustig's
- +2 more outcomes
Companies that use Lustig Jewelers
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Lustig Jewelers technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Lustig Jewelers partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- CarizzacoreExclusive area purveyor of Carizza jewelry collection, including bridal engagement ring semi-mounts and wedding bands in 14k and 18k gold options. Carizza offers elegant designs at various price points from $599 to $3,599.
- Naledi CollectioncoreExclusive area purveyor of Naledi Bridal collection, featuring contemporary bridal designs.
- MaloBandscoreExclusive area purveyor offering build-your-own wedding bands. Customers can design unique wedding bands choosing metal, color, width, and finishes.
- Sophia By DesigncoreExclusive area purveyor of Sophia By Design fashion jewelry, including colored stone pieces featuring pink sapphire and other gemstones.
- Love StorycoreExclusive area purveyor of Love Story brand jewelry.
- MaeVonacoreExclusive area purveyor of MaeVona brand jewelry.
- Meteor Cut DiamondscoreExclusive area purveyor of Meteor Cut Diamonds brand.
- PromezzacoreExclusive area purveyor of Promezza bridal collection, offering contemporary bridal jewelry designs.
- Malo CreationscoreExclusive area purveyor of Malo Creations men's wedding bands and jewelry.
- Miracle MarkminorMiracle Mark diamond studs feature a proprietary setting where diamonds appear larger than their actual carat weight.
- CitizenminorCitizen watch brand featured at Lustig Jewelers.
- TritonminorAlternative metals brand offering men's wedding bands in cobalt, tungsten, and ceramic options.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Lustig Jewelers competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
Lustig Jewelers social profiles
Digital presenceLustig Jewelers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lustig Jewelers leadership team
Management profileNumber of profiles
Profiles2 records
Lustig Jewelers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lustig Jewelers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lustig Jewelers
What does Lustig Jewelers do?
Lustig Jewelers is a family-owned retail jewelry store selling fine jewelry, bridal jewelry (engagement rings, wedding bands, bridal sets, anniversary rings), custom-designed jewelry, fashion jewelry, pearl jewelry, colored stone jewelry, sterling silver pieces, and lab grown diamonds. The store offers an in-house custom jewelry design service using 3D CAD technology, on-site jewelry repair, engraving services, and specialty products such as Superfit adjustable ring shanks, supported by financing and layaway programs.
Is Lustig Jewelers a public or private company?
Lustig Jewelers is a private company. It is classified as family owned and is currently operating.
When was Lustig Jewelers founded?
Lustig Jewelers was founded in 1949. It employs 1 to 10 people.
Where is Lustig Jewelers based?
Lustig Jewelers is headquartered in Vernon Hills, United States, in the North America region.
How does Lustig Jewelers make money?
Five revenue lines are on record. Jewelry Product Sales are the primary driver. The others are jewelry Repair Services, engraving Services, custom Jewelry Design Services and superfit Adjustable Shanks.
Does Lustig Jewelers have an API?
No public API is recorded for Lustig Jewelers.
What industry is Lustig Jewelers in?
Lustig Jewelers's product category is Retail Jewelry. Its primary akta.pro industry code is CRAKAGAC, Bridal & Engagement Jewelry Retail, with a secondary code of CRAKAHAB, Custom Bridal & Engagement Design. Its NAICS code is 458310 and its SIC code is 5944.