Independents

Retailer Hall of Fame 2019: Steve and Judy Padis

IndependentsJul 30, 2019

Retailer Hall of Fame 2019: Steve and Judy Padis

The Padises have created a thriving, multi-generational family business completely on their own terms.

20190729_Padis1.jpg
Judy and Steve Padis pictured with daughter Alexis, Padis Jewelry president. The Padises have been inducted into the National Jeweler Retailer Hall of Fame in the Multi-Store Independent category.
It all started with some beaded necklaces in 1970s Berkeley, California.

Click <a href="https://magazines-nationaljeweler-com.s3.us-east-2.amazonaws.com/retailerhalloffame/2019/index.html?page=1" target="_blank">here</a> to read the full story in the Retailer Hall of Fame issue.
Click here to read the full story in the Retailer Hall of Fame issue.

Steve Padis was a student at the University of California, Berkeley, which was known for, in addition to its prestigious academia, being a magnet for the era’s hippie culture.

But Steve wasn’t the average bead-shilling flower child.

“I went from stringing beads and making necklaces and selling them on Telegraph Avenue as a street artist to wholesaling to other street artists,” he explains.

This knack for entrepreneurship turned into a full-fledged career for Steve upon graduation, when he opened a wholesale showroom in Berkeley.

Though it would be nearly a decade before they married and began working together, it was at that first Berkeley location that Steve met his wife-to-be, Judy, a buyer for the store Beadazzled.

“We actually met the day I moved from Berkeley to San Francisco,” says Steve. “She came to buy jewelry from us [at the old location], and we were literally packing it at the time! So, we had to unpack it and were looking at it …”

“…we were sitting on the floor,” Judy Padis interjects.

“…because all the furniture had already been moved,” Steve continues.

Just as a successful, sustainable business takes times to establish, Steve and Judy weren’t immediately a couple following that first encounter sitting on the showroom floor. First, they were business associates.

Judy, too, was something of a wunderkind. Her boss at Beadazzled, owner Carl Stark, appointed her vice president when she was only 22, putting her in charge of 250 employees. Located in shopping centers, Beadazzled had four stores when Judy joined. When she left 14 years later, it boasted 50 locations. 

Beadazzled was the biggest buyer of Padis Jewelry’s beaded necklaces. And as Steve and Judy’s relationship blossomed, so did Padis Jewelry.

The move from Berkeley to the much-larger San Francisco market propelled the business to the next level.

“[In San Francisco], our volume increased dramatically,” says Steve. “We went from a 500-square-foot showroom, which was essentially four counters in an alley just off Dwight Way in Berkeley, to a 3,000-square-foot store in San Francisco in one of the design centers, so instantly our volume quadrupled.”

Padis Jewelry’s St. Helena, California location
Padis Jewelry’s St. Helena, California location

Steve began working in silver jewelry, then gold chains, then started incorporating gemstones into his work, growth he describes as “little by little, over a 40-year period,” eventually resulting in today’s booming diamond bridal business, selling directly to consumers.

There were a couple of steps along the way that proved particularly prescient.

After occupying the original San Francisco showroom from about 1976 to 1984, Steve decided it was time to move Padis Jewelry to the San Francisco Jewelry Center. The only problem? It didn’t exist.

In 1983, he bought a 70,000-square-foot warehouse and converted it into a jewelry center, replete with 60 showrooms. It officially opened in 1984.

Steve asserts it’s the best investment he’s ever made.

“It was quite a dilapidated warehouse. At the time I purchased it, it didn’t have walls. It had a floor and a roof and literally fencing and corrugated fiberglass for sides,” he recalls. “I converted it into what was for more than 30 years: the San Francisco Jewelry Center.”

This year, with San Francisco’s real estate market at a fever pitch thanks to its techie headquarters status (neighbors include Airbnb), the Padises sold the building.

“It was an offer too good to refuse,” Judy explains.

Yin and Yang
Steve and Judy know better than anyone that their ability to see the larger picture beyond the limits of the traditional jewelry retail model—to make decisions like establishing an entire jewelry center—is a result of their professional synergy.

The pair married in 1983, as Steve was establishing the jewelry center.

They had the blessing of Stark, Judy’s boss at Beadazzled; he was so close with the couple, he was even in their wedding.
“He was the greatest champion of our marriage,” Steve says.

“If it wasn’t for him we wouldn’t be sitting here right now,” Judy adds.

“You have to have the ability to switch, to move, to change direction because if you try to stay and do the same thing, you will not be successful in today’s market. Every day is a new day.” — Steve Padis

Judy remained at Beadazzled during the first few years of their marriage, continuing the professional supplier-retailer relationship with her husband.

“I was Steve’s biggest customer,” Judy notes, “so it was kind of a good gig.”

The power couple also began working together unofficially, establishing a jewelry trade show, the San Francisco International Jewelry Show, with the intention of promoting the jewelry center.

“That time period was when we were having our four children,” Judy says, “so I was [constantly] pregnant and trying to sell booth space.”

After two years of doing the show, in which about 70 companies exhibited per edition, a San Francisco trade show company bought them out.

Judy and Steve Padis with their four children
Judy and Steve Padis with their four children

It was 1986 by then and, without the show to work on, Judy left Beadazzled and joined Padis Jewelry.

“When we merged, it was much better for the company,” says Steve. “Judy is really great at merchandising and marketing, and her degree is in accounting and she still basically runs the accounting side of the operation.”

Judy says that Steve’s talents are “his ability to see into the future what the next hot thing is going to be, and also his diamond buying—there’s nobody like him.

“I used to think I could come in and do what he does and I can’t. He just knows how to make a deal work for everybody. He lets everybody make a profit without overpaying.”

Combining their varied talents allows the Padises to tackle their operations in a way few individuals could.

“Judy has a very strong retail background,” Steve says, “and I have a very strong manufacturing and wholesale background. When you merge this, all of a sudden you can have a very large retail operation with the ability to do your own manufacturing, and the purchasing power to be able to buy from the largest sources in the industry and largest sightholders in the diamond business.”

Judy says their respective skill sets work so well because, despite working in physical proximity for decades (their desks are mere feet apart), they allow each other figurative room to flourish.

“We respect each other’s talents instead of trying to compete with each other,” she says. “He’s so good at what he does with diamonds—I don’t even think about competing with him on that. And he respects me for what I do with all the designer buying. He doesn’t question it; he’s very supportive.”

The Only Way Is Up
Padis Jewelry opened a second store a mere three blocks from the San Francisco Jewelry Center in the San Francisco Gift Center Diamond Mart in 1990, then a third store in the same building.

With their proximity to Silicon Valley, Judy, a self-proclaimed “computer geek,” stayed tuned in to technology trends as computers became a regular part of the American household.

“My first website was in 1996 before anybody was doing jewelry websites,” she says. “Having young kids also really helps [in keeping up with technology]. You have to be so with it now, and I think the kids have exposed me to a lot.”

“You have to be dynamic,” Steve adds. “If we tried to stay doing what we were doing, I know we would be out of business. You have to be relevant today; you have to have a seamless connection online and in-store.”

Fast forward to 2015, Padis Jewelry pivoted in a new direction—north.

While their previous locations had been in San Francisco for decades, they decided to move further afield, opening a store in St. Helena, California.

It’s located in Napa Valley where, in true Padis fashion, Steve and Judy have more than a jewelry store.

They embraced their love of wine by opening their very own vineyard in the valley’s Oak Knoll region in 2008. (For more on Padis Vineyards as well as other jewelers who have expanded into wine and spirits, see the feature “Jewelers Uncork New Opportunities.”)

Of the company’s openness to change, he says: “You’ve got to be willing to change on a dime. You have to have the ability to switch, to move, to change direction because if you try to stay and do the same thing, you will not be successful in today’s market. Every day is a new day.”

Opening the St. Helena store wasn’t the biggest development in the Padis’ recent history, however.

Daughter Alexis Padis joined the company a little over a decade ago, with an MBA in entrepreneurial management and some corporate-world experience under her belt.

“It was right in the middle of that kind of social media pickup from zero to 60,” says Alexis, “and timing couldn’t have been better in terms of the needs of the business and the impact I could make by joining it.”

“She’s young, she’s a millennial and she has different ideas, which helps guide us into the future,” says Steve of his 32-year-old daughter. “With our traditional thoughts and her new innovations it’s been a very important part of our growth.”

Padis Jewelry’s Tacori shop-in-shop
Padis Jewelry’s Tacori shop-in-shop

Working with her parents on a daily basis has demonstrated to Alexis that career passion is sustainable through decades.

“Every day is an adventure with them,” she says. “They have an infectious level of energy and there never seems to be a day off for that energy.

“They’re so passionate about what they do and they’re so enthusiastic. My dad walks into the store every morning whistling.”

The next step in the company’s growth is a unique venture that would be easy to get excited about.

“Every day is an adventure with them. They have an infectious level of energy and there never seems to be a day off for that energy. My dad walks into the store every morning whistling.” — Alexis Padis, on her parents

The Padises are set to own and operate the first Forevermark boutique in the United States, which will be located in Walnut Creek, California.

“I see that as a turning point,” Steve says. “We recognized early that De Beers had the ability to spend marketing dollars and that’s very important to establish a brand. When you sell generic diamonds the margins are very minimal and really unsustainable, so we moved into Forevermark diamonds because we believe in them, and it allows us an avenue to sell what we feel is the best diamond at a fair price.”

Judy adds: “The Forevermark store will create the next chapter. If this one works well, hopefully we’ll open others.”

A Legacy for the Future
Steve and Judy have continuously demonstrated their ability to embrace new avenues of growth for Padis Jewelry. One direction they’re certain of, moving forward, is within their own family.

In March 2019, they elected Alexis president of the company, with Steve stepping into the role of chairman.

“I don’t think me taking over as president is a sign of them slowing down, by any means,” says Alexis, “but it’s a nice nod that they’re looking to share some of the responsibilities and are looking to grow the company in a way where they need to take on somebody else in command.”

In addition to their innovative thinking, Alexis wants to perpetuate her parents’ values, values like treating everyone with respect and kindness.

“They’re some of the most generous and loving people I know. I think that’s been the biggest joy for me in getting to work with them in the jewelry business every day—getting to know them as people and as friends. I would choose them as friends [even if we weren’t related].”

Steve and Judy say if they could go back and do something differently in their careers, they wouldn’t. What they value the most is the relationships they’ve made.

“We have such amazing clients,” Judy says. “The people we meet become our friends. We vacation with some of them. We’ve been to their weddings and baptisms. You become a part of people’s lives. We both just love what we do.”

The Padises so enjoy their work that at times it’s difficult for them to take a break.

“When we go on vacation, we go to jewelry stores,” says Judy.

Steve concurs: “If we vacation for more than two or three days, I can’t wait to get back to work.”

Though growing up Alexis didn’t know if she would join the family business, her first engagement ring sale instilled in her the magic of selling jewelry that marks milestones.

She intends to carry forward the passion evident in her parents, the passion that eventually drew her into the company.

“Being a jeweler is the dream job because, as I found out with that first sale, you’re selling somebody a piece of jewelry that becomes such an important part of her or his life and there’s nothing better than being involved in that moment.

“It’s truly something special and something that all three of us live and breathe. I want to keep that passion going.”

And, lest Alexis forget Padis Jewelry’s humble beginnings 40 years ago, she had one of her father’s original beaded necklaces framed and hung in the office, a constant reminder of the company’s journey.

The Latest

Greenwich St. Jewelers Scattered Sapphire Cigar Band
CollectionsSep 11, 2026
A Sapphire ‘Stardust’ Ring From Greenwich St. Jewelers

The Latine-owned New York jeweler is marking two milestones this year: its 50th anniversary and the 25th anniversary of the 9/11 attacks.

The Retail Smiths Principal Sherry Smith
ColumnistsSep 11, 2026
Sherry Smith: Stop Waiting for December to Save Your Christmas

The stores that have a great December are the ones that made good decisions in August, September, and October, Sherry Smith writes.

Make A Wish East Tennessee
MajorsSep 11, 2026
The Wishing Place by JTV Opens

The jewelry retail broadcast network has sponsored a new space for Make-A-Wish East Tennessee on its campus in Knoxville.

Cover.jpg
Brought to you by
Your Piece Could Be the One Editors Talk About

Submit your pieces for a chance to win in this year's competition.

The Edge logo
Events & AwardsSep 11, 2026
The Edge Awards Scholarships to 2 Young Jewelry Professionals

The recipients were recognized at the 24 Karat Club of the Southeastern United States’ annual banquet.

Weekly QuizSep 10, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Steven Lagos and Keith Rolfe
MajorsSep 10, 2026
Lagos Founder Steven Lagos Steps Down as CEO

Keith Rolfe, CFO and COO of Lagos, is now at the jewelry brand’s helm while Steven takes on the role of executive chairman.

Alberto Perez-Elias mugshot
CrimeSep 10, 2026
FBI Offers $50K Reward for ‘Most Wanted’ Fugitive in $1M Jewelry Heist

Alberto Perez-Elias is one of four men charged in the armed robbery of a Cape Coral, Florida, jewelry store and remains at large.

1872-x-1052-July-ad (1).png
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying Events

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

Kat Florence Paraibas
AuctionsSep 10, 2026
Massive Matched Pair of Paraíba Tourmalines Head to Sotheby’s

The “Kat Florence Luminas” will be offered together as one lot and could fetch up to $637,000.

AGTA logo
SourcingSep 10, 2026
AGTA Announces 4 Newly Elected Directors

Four directors were elected to the AGTA board and will serve three-year terms beginning in February.

New Julien’s Auctions CEO Ken Citron
AuctionsSep 10, 2026
Former Sotheby’s, Christie’s Exec Appointed CEO of Julien’s Auctions

Ken Citron joins the celebrity memorabilia-focused auction house ahead of its first week-long series of events in Abu Dhabi.

Blue Nile Ellipse earrings
FinancialsSep 09, 2026
Signet Jewelers to ‘Double Down’ on Blue Nile Amid Strong Sales

The jewelry retailer said it sees opportunity at higher price points, particularly in natural diamonds for bridal and fashion.

Fura rubies
SourcingSep 09, 2026
Fura Gems Notes ‘Remarkable’ Interest in Larger Rubies at Latest Sale

The auction, held in Bangkok, was 96 percent sold by lot, with nearly 411,000 carats of Mozambiquan rubies sold.

Stuller Fine Jewelry 2027-2028 catalog
MajorsSep 09, 2026
Stuller’s Latest Catalog Includes Its New Demi-Fine Collection

Fine Jewelry 2027-2028 has more than 900 new styles, including silver, gold-filled, gold-plated sterling silver, and vermeil jewelry.

2018_Stuller-lab-grown.jpg
Policies & IssuesSep 09, 2026
8 Key Changes the FTC Made to the Jewelry Guides: A Refresher

Learn more about the new terms for lab-grown diamonds and composite gemstones, and the major changes in store for precious metals jewelry.

Zahn Z Zaha rainbow sapphire ring
TrendsSep 08, 2026
Amanda’s Style File: A Hot Take on September’s Birthstone

With high durability and a wide range of colors to choose from, sapphires may be the ultimate birthstone, Gizzi claims.

The Retail Smiths principal and National Jeweler columnist Peter Smith
ColumnistsSep 08, 2026
Peter Smith: Humor Is No Laughing Matter

Laughter is often considered a distraction in the workplace, but it has benefits for both staff and management, Peter Smith writes.

Gretchen Koback Pursel
MajorsSep 08, 2026
Former Tiffany & Co. Exec Joins Exemplar Luxury Group

Gretchen Koback Pursel is the new chief people officer at the company formerly known as Saks Global.

Rendering of renovated Orloff Jewelers store
IndependentsSep 04, 2026
Orloff Jewelers Will Soon Unveil a Bigger, Better Location

The California jeweler is renovating its store in Fresno, with plans to show off the new space in December.

Chelsea Gabrielle Momentum Infinite Ring
CollectionsSep 04, 2026
Chelsea Gabrielle Transforms Pilates Reformer Springs Into Ring

A lifelong practitioner of Pilates, Gabrielle looked to the springs’ tension and suspension when creating this ring, our Piece of the Week.

JCK Industry Fund logo
Events & AwardsSep 04, 2026
JCK Industry Fund Accepting 2027 Applications

The deadline to apply is Nov. 13.

Remi Guillemin
AuctionsSep 04, 2026
Christie's Names New Global Head of Watches

The auction house has promoted Remi Guillemin, formerly its head of watches for the Americas and EMEA, to the role.

Simon G CEO Zaven Ghanimian
EditorsSep 03, 2026
Q&A: Simon G.’s CEO on Why He Won’t Use AI for Jewelry Design

Zaven Ghanimian discussed the value of human craftsmanship and where the implementation of artificial intelligence does work.

Jewelers of America logo
Events & AwardsSep 03, 2026
Here Are the First Recipients of Nina Pugliese Memorial Scholarship

Jewelers of America also revealed the recipients of the Seymour & Evelyn Holtzman Bench Scholarship and its own scholarship programs.

Robert Pattinson Jaeger-LeCoultre
WatchesSep 03, 2026
Robert Pattinson Joins Jaeger-LeCoultre as Brand Ambassador

The British actor, known for his roles in “Twilight” and “The Odyssey,” will star in a campaign for the Master Control Chronometre.

Sydney Evan Little Love Open Coin Fixed Necklace
CollectionsSep 03, 2026
Sydney Evan Celebrates 25 Years With 4 New Collections

The “Confetti Disco,” “Champagne Cheers,” “Tuxedo,” and “Classic Punk” jewelry collections each capture a distinct spirit of celebration.

Stock image of a gavel
CrimeSep 02, 2026
CA Jeweler Gets 5 Years in ‘Phantom Rolex’ Ponzi Scheme

Nelson Holdo of Newport Beach pleaded guilty to multiple counts of felony grand theft and writing bad checks and was sentenced Monday.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy