Walter Hoving

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Walter Hoving

Birth
Stockholm, Stockholms kommun, Stockholms län, Sweden
Death
27 Nov 1989 (aged 91)
Newport, Newport County, Rhode Island, USA
Burial
Newport, Newport County, Rhode Island, USA Add to Map
Plot
Section: Old, Lot 1517, Grave 1
Memorial ID
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Executive. Hoving was born in Stockholm on December 2, 1897. He was a son of Johannes Hoving, a surgeon, and Helga (née Rundberg) Hoving, an opera singer. In 1903, he moved to United States with his parents. He completed his school education at the Barnard School and De Witt Clinton High School in New York City. In the year 1920, Hoving received his bachelor's degree from Brown University, where he was a member of the Upsilon chapter of the Delta Kappa Epsilon fraternity. He started working in 1924, at R. H. Macy & Company and became vice-president at the age of 30. He studied arts at Metropolitan Museum for four years to enhance his knowledge of painting, textile design and furniture. In the year, 1932 he joined Montgomery Ward & Company as vice-president in charge of sales where he worked for four years. In 1936, he joined Lord & Taylor, and worked as the president of the firm until 1946. Hoving founded the Hoving Corporation in 1946, which included Bonwit Teller until he sold it in 1960. Hoving bought a controlling share of Tiffany & Co. in 1955, at that time company's performance appeared to be gradually declining with around $7 million worth of business a year. Under his supervision, company's sales grew up to $100 million by the year 1980. He hired Van Day Truex, a design director and allowed him to design freely without worrying about selling it. He also hired famous designers like Jean Schlumberger, Elsa Peretti, and Gene Moore. Moore went on to design Tiffany's famous Fifth Avenue windows. Hoving maintained standards at Tiffany & Co. by refusing to sell diamond rings to men, nothing silver plated and no account charged for customers who had been impolite towards the salespeople. Avon Products, Inc. acquired Tiffany & Company in 1979. Hoving resigned following year and started his own consulting firm that specialized in retail design and management and started work on his memoirs that were never published. He also focused his efforts on his philanthropic activities and stayed at his home in Newport, Rhode Island. He contacted David Mitchell then Chairman of Avon offering to purchase back Tiffany & Company, but his offers were never seriously entertained. In 1924, Hoving married Mary Osgood Field (1901–1955), the daughter of Thomas Pearsall Field and Emma Beadleston. Mary was a direct descendant of Samuel Osgood, the first Postmaster General of the United States. Before their divorce in 1936, they were the parents of Petera & Thomas. In 1937, he became the fourth husband of the former Pauline Vandervoort (1889–1976). After a long illness, Pauline died in 1976. He married former singer Jane Pickens Langley (1907–1992) in 1977, and their marriage lasted until his death. Langley owned the designed by Ogden Codman Berkley Villa on Bellevue Avenue in Newport, Rhode Island. He died at Newport Hospital in Newport at the age of 91 on November 27, 1989.
Executive. Hoving was born in Stockholm on December 2, 1897. He was a son of Johannes Hoving, a surgeon, and Helga (née Rundberg) Hoving, an opera singer. In 1903, he moved to United States with his parents. He completed his school education at the Barnard School and De Witt Clinton High School in New York City. In the year 1920, Hoving received his bachelor's degree from Brown University, where he was a member of the Upsilon chapter of the Delta Kappa Epsilon fraternity. He started working in 1924, at R. H. Macy & Company and became vice-president at the age of 30. He studied arts at Metropolitan Museum for four years to enhance his knowledge of painting, textile design and furniture. In the year, 1932 he joined Montgomery Ward & Company as vice-president in charge of sales where he worked for four years. In 1936, he joined Lord & Taylor, and worked as the president of the firm until 1946. Hoving founded the Hoving Corporation in 1946, which included Bonwit Teller until he sold it in 1960. Hoving bought a controlling share of Tiffany & Co. in 1955, at that time company's performance appeared to be gradually declining with around $7 million worth of business a year. Under his supervision, company's sales grew up to $100 million by the year 1980. He hired Van Day Truex, a design director and allowed him to design freely without worrying about selling it. He also hired famous designers like Jean Schlumberger, Elsa Peretti, and Gene Moore. Moore went on to design Tiffany's famous Fifth Avenue windows. Hoving maintained standards at Tiffany & Co. by refusing to sell diamond rings to men, nothing silver plated and no account charged for customers who had been impolite towards the salespeople. Avon Products, Inc. acquired Tiffany & Company in 1979. Hoving resigned following year and started his own consulting firm that specialized in retail design and management and started work on his memoirs that were never published. He also focused his efforts on his philanthropic activities and stayed at his home in Newport, Rhode Island. He contacted David Mitchell then Chairman of Avon offering to purchase back Tiffany & Company, but his offers were never seriously entertained. In 1924, Hoving married Mary Osgood Field (1901–1955), the daughter of Thomas Pearsall Field and Emma Beadleston. Mary was a direct descendant of Samuel Osgood, the first Postmaster General of the United States. Before their divorce in 1936, they were the parents of Petera & Thomas. In 1937, he became the fourth husband of the former Pauline Vandervoort (1889–1976). After a long illness, Pauline died in 1976. He married former singer Jane Pickens Langley (1907–1992) in 1977, and their marriage lasted until his death. Langley owned the designed by Ogden Codman Berkley Villa on Bellevue Avenue in Newport, Rhode Island. He died at Newport Hospital in Newport at the age of 91 on November 27, 1989.