The investment forms part of Freshstream’s core strategy of partnering with entrepreneurs and families to fast-track growth. Following the transaction, Sharon and Vilmar will continue to lead the company. The board will be bolstered with Glen Senk as Chairman and Jenny de Vries as non-executive director. Glen was previously the CEO of global lifestyle brand URBN Outfitters and a non-executive at jewellery companies David Yurman and Kendra Scott. Jenny will become a non-executive Board member, next to her current role as CFO of Dutch home and body products company Rituals, which has >13,000 employees and over 1,300 stores in >100 countries.
In collaboration with Freshstream, My Jewellery is set to expedite its expansion into Germany, France, and emerging target markets across Europe, while reinforcing its established presence in the Benelux region.