by Doug Diemoz closed on the deal on Friday, purchasing the company from GJ Styles Holdings
HIGH POINT — A former executive with Crate & Barrel, RH and Williams Sonoma has acquired antique reproduction specialist GJ Styles from GJ Styles Holdings Inc.
Doug Diemoz closed on the purchase of the company on Friday. Officials did not reveal a purchase price or other terms of the agreement, but noted that the deal represents an acquisition of non-real estate assets that include inventory and intellectual property.
Diemoz also has taken over the leases of the company’s showroom and distribution center in High Point.
Formerly known as G&J Styles, the company produces a line of reproduction dining and occasional furniture, as well as accent furniture, desks and storage pieces.
It was founded in 1985 by Glyn and Jill Styles in Leominster, a town in the county of Herefordshire, England, in 1985. It moved to High Point in 1997 to help fill the demand for antique reproductions in the United States.
In 2008, it entered a joint venture partnership with its primary vendor, Halo Asia, which created Halo Styles, according to the company website. In January 2014, Glyn Styles purchased the company from its partners at Halo but the company continues to distribute Halo products in the U.S. at GJ Styles.
The company website went on to note that the company has a permanent showroom in High Point, which houses its corporate offices. These locations are open year round to retailers and designers.
Diemoz is the chief executive officer, co-founder and executive chairman of the former Fairfield, California-based upholstery manufacturer Made and Modern, which Diemoz told Home News Now closed this past fall.
Before this, he was president of Pier 1 for a short period and prior to this was chief executive officer of Crate & Barrel and chief development officer of RH.
He also previously was senior vice president of financial operations and vice president of finance and director of finance at Williams-Sonoma.
“I have been blessed to grow up with great brands, leaders and colleagues, and I am excited to meet all our customers and bring everything I’ve learned over my decades in the industry to help them grow and achieve their goals,” Diemoz said. “It has been a privilege to get to know Glyn and the team through this process and I am honored to be leading the next chapter of GJ Styles to build upon the incredible foundation laid before me.”
The company said that GJ Styles will continue in its current distribution center, showroom and corporate office. It also noted that all current staff are being retained in their existing roles.
