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Company: Jacob & Co, New York, NY
Company Description: For more than a quarter of a century, Jacob & Co has created revolutionary timepieces and exquisite jewelry. Founded by Jacob Arabo in 1986, Jacob & Co is a multi-award-winning brand with over 60 employees and has its headquarters in New York.
Nomination Category: Entrepreneur Categories
Nomination Sub Category: Entrepreneur of the Year - Retail
 Nomination Title: Jacob Arabo, Chairman & Founder
- Which will you submit for this nomination, an essay of up to 650 words about the achievements of the nominated entrepreneur since January 1 2020, OR a video of up to five (5) minutes about the same? CHOOSE ONE:
An essay of up to 650 words
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:
- If you are providing an essay of up to 650 words, place it in this space:
Total 628 words used.
Jacob Arabo’s journey to success is an ode to the American Dream. Behind the success of Jacob & Co and its current standing as an industry leader going toe-to-toe with mammoth brands like Richard Mille and Patek Philippe is a story of hard work, unstoppable passion, sacrifice, and dreams coming true.
When Jacob was 14 years old, he and his family left the USSR for the United States in hopes of creating a more comfortable future for themselves.
Instead of going the traditional education route, Jacob decided to pursue the quickest way to money-making. He ended up enrolling in a training program for jewelry making that later on landed him a job at a local jewelry manufacturer earning only $125 a week.
Soon, however, Jacob realized that mass-produced jewelry and manufacturing somebody else’s designs were not his idea of success.
In 1986, Jacob introduced Jacob & Co. to the public of New York. His commitment to uniquely unforgettable and bold pieces will soon put him on the radar of several industry-famous rappers. From there, the Jacob & Co brand began catching the attention of major celebrities, artists, athletes, performers, and even luxury brands.
In 2020, more than 3 decades after the opening of the first ever Jacob & Co. boutique, COVID-19 swept across all parts of the world and drove global industries into 2 directions: innovation & massive growth or stagnation & crisis.
Where other companies decided to slow down after looking at the economic implications of the pandemic, Jacob saw opportunities and didn’t let up on the steam.
That year, Jacob’s relentless pursuit of excellence paid off in spades. In 2020, the company:
- Entered into 5 new partnerships with huge personalities and brands Virgil, Universal, Supreme, Johan Ernst, and Khabib
- Launched 37 new watches, among the most notable is the Bugatti Chiron Tourbillon launch
- Received 16 nominations for several award categories, where their watches won multiple product awards
- Opened 2 new boutiques and a pop-up store in Switzerland, Beijing, and Nanjing
- Jacob & Co pieces were seen worn by numerous major Hollywood figures in the Golden Globes, Vanity Fair Oscars Party, and red carpet premieres.
- Got featured in 47 print materials and 638 digital press pieces. The brand was also featured in the magazine covers of Vogue, Bazaar, GQ, Elle, and numerous others
- Jacob and Jacob & Co. were both featured in two of Drake’s music videos: When to Say When and Chicago Freestyle. The videos garnered a whopping 61 million view count on Youtube.
- Elias, an up-and-coming German rapper, titled one of his released songs in 2020 JACOB & CO. He was also seen wearing a Jacob & Co watch several times throughout the music video.
2021 was yet another huge year for the company. Jacob made industry leaps that continued to cement his standing as a trailblazer, opening up the horology and high jewelry space to never-before-seen opportunities and accomplishments.
In 2021, Jacob & Co. achieved the following wins:
- 1st brand to sell an NFT watch
- 1st luxury watch & jewelry brand to accept cryptocurrency
- 1st luxury watch & jewelry brand to be verified by Tik Tok
- Jacob designed the 18k white gold crown with blue sapphires and diamonds for the 2021 Miss Ukraine pageant
- Launched 57 new watches and opened a boutique in the Bal Harbour Shops in Miami
- Entered into partnerships with: The Fast & Furious franchise, Warner Brothers for Batman, Bugatti, Alec Monopoly, and Saks
- Jacob & Co pieces were seen worn by numerous Hollywood big names in the 2021 Met Gala and various Red Carpet events.
- Mentioned and featured in 6 magazine covers, 63 print materials, and 627 digital press pieces, including Forbes, L’Officiel, Vogue, GQ, Bazaar
- Featured in TV shows including Russian Bachelor, Billions, And Just Like That, and Equalizer.
- In bullet-list form, briefly summarize up to ten (10) of the chief accomplishments of this nominated entrepreneur since the beginning of 2020.
Total 146 words used.
- Jacob designed the 18k white gold crown with blue sapphires and diamonds for the 2021 Miss Ukraine pagean
- Launched 94 new watches and opened 3 new boutiques and a pop-up in Miami, Nanjing, Beijing, and Switzerland
- 1st brand to sell an NFT watch
- 1st luxury watch & jewelry brand to accept cryptocurrency
- 1st luxury watch & jewelry brand to be verified by TikTok
- Featured in over 10 magazine covers, 110 print materials, and 1,265 digital press pieces
- Created partnership timepieces and jewelry with Bugatti, Virgil Abloh, Universal, Warner Bros, Supreme, Khabib Nurmagomedov, Johan Ernst, Fast & Furious, Alec Monopoly, and Saks.
- Received 20+ nominations and won multiple times in the GPHG and Dubai Watches & Jewelry competitions for several award categories
- Featured in multiple TV shows and music videos
- Worn by numerous Hollywood figures and big-league athletes in red carpet events, movie premieres, award shows
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