Sydney Lewis | |
|---|---|
| Born | October 24, 1919 |
| Died | March 12, 1999(1999-03-12) (aged 79) Richmond, Virginia, US |
| Education | B.S.Washington & Lee University J.D.George Washington University |
| Known for | Founder ofBest Products Co. |
| Spouse | Frances Aronson |
| Children | 3 |
Sydney Lewis (October 24, 1919 – March 12, 1999) was an American businessman,philanthropist, and art collector who founded theBest Products Company.[1]
Lewis was born to aJewish family inRichmond, Virginia, the son of an emigrant from Russia.[2][3][4] His father sold mail-order encyclopedias to school teachers in the South.[2] In 1940, Lewis graduated with a B.S. in business fromWashington & Lee University.[2] Though he began the study of law, he never graduated from Washington and Lee University as his legal education was interrupted by his service in theU.S. Army duringWorld War II where he was sent toHarvard University for coursework in business administration.[3] Subsequently, he finished his J.D. degree atGeorge Washington University in Washington DC.[2]
He practiced law for a brief period before taking over his father's encyclopedia business where he developed a catalog to promote sales. He expanded the business into appliances and, using his encyclopedia warehouse as a showroom, was able to circumvent Fair Trade laws that allowed manufacturers to set minimum retail prices.[2]
In 1958, he incorporated the company asBest Products Co, Inc.[3] In 1982, Best Products acquired Modern Merchandising (founded byHarold Roitenberg), then the third largest catalog retailer, in a stock transaction worth $109 million.[5] After the merger, the now publicly traded company had over $1 billion in sales, 10,000 employees and 100 showrooms in 11 states;[2] and, at its peak, had $2 billion in sales and 100 showrooms in 27 states.[3] Lewis was known for hisanti-union stance and successfully fought efforts by theUnited Food and Commercial Workers to unionize Best Products' showrooms.[2]
Lewis is the namesake of Lewis Hall at theWashington and Lee University School of Law, whose construction he and his wife, Frances, funded in 1976.
In the early 1960's, the Lewises began collecting contemporary art, concentrating at first on Pop Art and Photo Realism. Over the next 20 years they amassed an enormous collection and became close friends with many artists. He developed a barter system with young artists in New York where they could trade art for items in the Best Products catalog.[2]
In the early 1970's, the Lewises began traveling to Europe and building substantial collections of Art Nouveau and French Art Deco works. According toThe New York Times, "in 1985, the couple donated more than 1,500 artworks to theVirginia Museum of Fine Arts in Richmond, making it the home of the most important collection of Art Nouveau outside Paris and of an especially beautiful selection of Tiffany lamps."[3] Lewis and his wife were to continue to remain benefactors of the museum for many years.[2][3]
Lewis and his wife were supporters of the progressive candidateHenry Howell.[2]
In 1948, he married Frances (née Aronson) whom he had met in college. They had three children, the antiwar activist and entrepreneur Sydney Lewis Jr., Andrew Marc Lewis and Susan Lewis Butler. Andrew was president and chief operating officer of Best Products and his daughter was director of the corporate foundation.[2] Sydney and Frances Lewis were awarded theNational Medal of Arts in 1987.
The elder son of a Russian Jew who made a modest living selling mail-order encyclopedias to southern school teachers, Sydney Lewis was born in Richmond and attended Washington & Lee University, a school steeped in genteel Virginia tradition. Friends say he was a scholarship student who worked in the school cafeteria, a mediocre basketball player, president of a fraternity to which Jews were restricted and a generally unremarkable student who graduated in 1940 with a business degree
...Democratic gubernatorial nominee Henry Howell was financed by a "liberal, left-wing millionaire Jew from Richmond." It was a reference to Sydney Lewis, a retailing pioneer and prominent arts benefactor, who — with his wife, Frances — had backed numerous Democrats whose comparative liberalism...
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