Hyde Park Jewelers’ flagship store inside the Cherry Creek Shopping Center is seen on Wednesday, July 24, 2024. (Justin Wingerter/BusinessDen)
Hyde Park Jewelers has closed its showroom in the Cherry Creek Shopping Center following an overnight burglary this week that is the focus of a federal investigation.
Denver police say they were called to the mall Monday, where the high-end jeweler has had its flagship store since 1990, in response to reports of a burglary at that store.
“The case is under investigation. No arrests have been made. There are no updates or records available at this time,” an unidentified police spokesperson told BusinessDen on Wednesday. “Anyone with information is asked to call Metro Denver Crime Stoppers.”
An FBI spokeswoman in Denver said that her office is investigating alongside DPD.
In its own statement, Hyde Park’s parent company, The 1916 Company, confirmed “there was a security incident and robbery at our showroom in Denver earlier this week, and we are cooperating with local and national law enforcement on their investigation.
“While there was property loss and damage, no one was injured,” the company said of the crime. “The safety of our team and community is always our highest priority.”
Spokeswoman Caroline Kallman Joffe said the store “will be closed for a brief period.”
“Over the next couple of days, we will be back to normal business and everything is still accessible over the phone and by contacting our team,” she said.
Joffe declined to reveal the value of the purloined jewelry, saying, “We are aware of what was stolen but we are not sharing that information.”
The Hyde Park showroom was quiet Wednesday afternoon. There was no jewelry on the necks of storefront mannequins or in the glass cases nearest the room’s locked doors. A few people were inside, including a man dressed in what was either a police or security outfit.
Hyde Park’s store in Cherry Creek was closed Wednesday. (Justin Wingerter/BusinessDen)
“Hyde Park Jewelers will be closed today, July 24th,” a plain white sign advised. “We apologize for the inconvenience.” The same sign was on the company’s Tudor store nearby.
The Taubman Company in Michigan owns the Cherry Creek mall. JT Fulton, the mall’s general manager, declined to answer questions about the Hyde Park burglary.
“Right now, we’re just going to defer everything to the Denver Police Department’s public information officer,” he said Wednesday. “That’s all I’m really allowed to say.”
Michael Pollak and Steven Rosdal founded Hyde Park in Denver in 1976. They closed their location in the Brown Palace Hotel in 1990 and moved that store to the mall in Cherry Creek. There are now three locations in Denver, Scottsdale and Newport Beach, along with multiple affiliated watch shops.
Rosdal sold his stake in the company to Pollak in 2007, then ran Steven Rosdal Jewelers in Cherry Creek for about a decade, and died in April of this year at 77. Pollak sold Hyde Park to The 1916 Company last year. It had annual revenue of $100 million at that time.
