If you are in San Francisco, CA or New York City, NY, you may be wondering what Gump’s is. After all, they are based primarily out of these two cities. And if you are interested in fine and exotic artwork, you may definitely have heard of Gump’s.
Gump’s is actually part of history as one of the oldest luxury retailers in the country to still be operating today. Gump’s was actually originally formed back in the early 1860s by a pair of brothers with the last name of “Gump”. Neither of them at the time had any idea what their humble store would eventually grow to in the years to come.
After the original store burned down in 1906, it was eventually relocated to Union Square. And when Gump’s began sending buyers to other countries to acquire exotic art, furniture, jewelry, and more, the store gained a very positive reputation. In fact, it was said that you could buy things at Gump’s that you couldn’t get anywhere else in the United States at the time. See Related Link to learn more.
People rumored to have shopped there even include Franklin Roosevelt and the late French stage actress Sarah Bernhardt! They carry top-quality luxury brands including Hermes and Buccellati.
Over the decades, Gump’s ownership changed hands many times. In 2005, an investment banker by the name of John Chachas sought to buy the store. He had visited the store many times as a child, and he had developed a fascination with a Buddha statue that was kept there. Even though trying to buy the store proved difficult at first, Chachas eventually ended up being able to buy both the Buddha statue and Gump’s. Click Here to learn more.
Eventually, Mr. Chachas sold the Buddha statue for millions of dollars in Hong Kong.
Gump’s was originally opened in San Francisco, but they are based out of both San Francisco and New York City. Recently, they have been acquired by new owners who are planning a grand re-opening in October 2019.
Visit source: https://en.wikipedia.org/wiki/GUMPS