Puneet Varma (Editor)

YVEL

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Type
  
Private

Area served
  
Worldwide

Founder
  
Isaac Levy; Orna Levy

Industry
  
Jewelry Luxury goods

Key people
  
Eliaz Gabay(CEO)

YVEL httpswwwyvelcomwpcontentuploads201608Yv

Founded
  
Jerusalem, Israel (1986 (1986))

Products
  
Necklaces Rings Earrings Bracelets

Headquarters
  
Motza, Jerusalem, Israel, Israel

YVEL (pronounced E-vel) is a privately held luxury jewelry company in Jerusalem. Founded and owned by Orna and Isaac Levy, the company is best known for its pearl jewelry.

Contents

More than 90% of their employees are Jewish immigrants. The Megemeria School of Jewelry and Art, established by the Levys in 2010, employs Ethiopian Jews, gives them a stipend and trains them in jewelry design and goldsmithing, but also in Hebrew and everyday-life skills to help them integrate into the Israeli society.

Yvel collections are sold across five continents in more than 650 retail stores. Their designs have been worn by celebrities such as Scarlett Johansson, Katy Perry, Selena Gomez, Barbara Walters, Maria Sharapova, Bette Midler, Isla Fisher, and Rihanna.

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History

Orna Levy (née Eliav) is a great-granddaughter of Shlomo Moussaieff, a rabbi and pearl merchant from Bukhara (now in Uzbekistan) who immigrated to Jerusalem in the late nineteenth century and founded its Bukharim neighborhood. His sons became international traders in pearls and precious stones. Orna’s mother Hannah, the oldest of 12 children, owned and operated a jewelry store in the King David Hotel in Jerusalem for 40 years.

Isaac Levy's father, a passionate Zionist, moved to Israel from Argentina in 1963, when Isaac was a child. The family was poor, did not speak Hebrew and was new to the local culture. The memories of the family's hardships would later motivate Isaac to create Megemeria. His father co-founded a sausage factory, but his partners stole the company's funds and fled, leaving him broke. Five-year-old Isaac made a vow to get back the factory land. Today, it is the land where the Yvel Design Center stands.

Orna and Isaac Levy met in 1986, in their twenties and unemployed. Orna convinced Isaac to give her the $2,000 he had saved up so that she could buy materials to make their first pearl necklace, even though he knew nothing about pearls. In the same year, they founded the company, which was then called Isaac Levy Jewelery.

Since South Sea pearls were beyond their budget, the Levys started stringing freshwater pearls with gold beads and semiprecious stones such as lapis lazuli, coral, onyx and turquoise. They worked on the porch of their apartment in Jerusalem and started off selling their designs to the Padani jewelry company in Tel Aviv. In 1991 the company's name was changed to YVEL, which is “Levy” spelled backwards.

In the 1990s and 2000s, the company spread its business across the world and attracted attention when celebrities started wearing its jewelry. In 2010, the Levys moved the company from the southern Jerusalem neighborhood of Talpiot to their newly constructed headquarters: the Yvel Design Center.

Facilities and the Megemeria school

The Yvel jewelry design center and production factory stand on the slopes of the Judean Hills just outside Motza, along the Jerusalem-Tel Aviv highway. The 4,645-square-meter complex houses a visitors' center with a 3D movie theater, where short films showing the company's history and mission are aired for jewelry shoppers, guests and visiting tour groups.

There is also a wine cellar on site, which was built within a restored 19th-century stone building that once served as an inn for pilgrims on their way to Jerusalem and previously housed the Efrat winery.

Of their 100 employees, more than 90% are Jewish immigrants from 22 countries including Russia, Syria, Iraq and the United States.

The Megemeria School of Jewelry and Art, established in 2010, has focused on one underprivileged segment of the Israeli immigrant population. The school trains and employs only Jews who emigrated from Ethiopia. The word “Megemeria” means "genesis" in Amharic. The first class of 21 students, in the age range from 20 to 55, graduated in 2012.

The 12-month free course includes a seven-month introduction to the elements of jewelry making, including gem setting and the design process. The course is designed to enable the participants to undertake the 5-month jewelry accreditation course of the Ministry of Industry, Trade and Labor. At the same time, they attend Hebrew, family budget management, math and Israeli culture courses to help them become socially involved citizens. Mentors are chosen among the Yvel workers and Megemeria graduates. The participants receive a stipend equal to the Israeli minimum wage.

Since most of the students have never received formal education and are living under the poverty line, the courses are critical for their integration and employment. Graduates can choose whether they want to join Yvel, stay at Megemeria and help it become a self-sustained business, or seek work as goldsmiths, pearl sorters, or diamond setters elsewhere.

The Megemeria jewelry collection represents the students' heritage and culture, as the designs incorporate inscriptions in their native Amharic. All profits generated by sales are put into a separate company, run by the graduates themselves, to help fund the salaries and running costs of the school.

The school was initially co-operated by the non-profit organization YEDID (Association for Community Empowerment) and financed by the Levys, who consider it part of their tikkun olam, but also by their friends, Jewish organizations such as The Len-Ari Foundation, The Joint, the San Francisco Jewish Federation, World ORT, and the Baron de Hirsch Foundation, as well as the Israeli government.

Yityish Titi Aynaw, the first Ethiopian Israeli to win Miss Israel, publicly wore a Megemeria pendant to promote the program.

Style and collections

Yvel specializes in baroque pearls, which instead of being perfectly round and white, appear as they come from nature. Isaac Levy described their method: "Most jewelry designers will design a piece of jewelry, then look for the pearl or stone. We first look for the pearl and create the jewelry around it. We let nature be the center of our design, to be enhanced with gold and diamonds." Orna Levy said: "We are not known for round pearl necklaces. Isaac and I go to pearl farms and auctions to buy pearls. We look for the striking color and shapes."

Yvel has more than a dozen gemstone collections including the Biwa, Golden Brown, Rainbow, and One of a Kind. Their gold is not shiny but satin finish, evoking the desert that makes up most of Israel. The prices of Yvel's jewelry range from a thousand to millions of dollars.

Boutiques

Yvel's products are sold in more than 650 stores internationally. Some of the company's distributors include Rustan's, Saks 5th Avenue, and Neiman Marcus.

The Levys introduced their U.S. flagship store in Miami's Design District during Art Basel Miami Beach 2014.

Awards

In 2005, a brooch made of keshi pearl blossoms and white diamonds coming out of an elongated stem won for them the Town & Country Couture Design Award for "Best in Pearl Design." They have been awarded a total of six “Best in Pearl Design” awards, which are considered the Oscars of the jewelry industry.

Their other accolades include the Centurion Design Award for the Pearl category. This competition is considered the Golden Globes of jewelry design, and Yvel won it two times in a row.

References

YVEL Wikipedia