Retailers

Hamilton & Inches reports ‘strong’ sales growth in 2019

Hamilton and Inches has reported “strong” sales growth in 2019, despite a year of “significant” investment for the company.

In its latest statement, the 150 year old jewellers said that it was “pleased” to achieve a pre-tax profit of £121,000 amid “significant levels of investment” that laid “strong foundations” for future growth.

The company said that it had devoted resources towards training, development and apprenticeship programmes throughout 2019, alongside a “robust” investment in restructuring and IT.

It also announced plans for a planned refurbishment of its Edinburgh showroom in 2020, which it hopes will bring a “fresh and contemporary” feel to its retail floor, workshops and back of house space. 

CEO Victoria Houghton said: “2019 has been an exciting year for Hamilton and Inches and our before-tax profit must be seen in the context of the vigorous investment we have made into the future of the company.

“This last year has represented a key time for us and we have prioritised supporting our showroom, workshop and head office staff as we look to the future.”

She added: “The skillset within Hamilton and Inches is a truly unique aspect of the brand to which we have committed significant resources this year, and which we will preserve and nurture with continued investment.

“Over the past year we have made a huge amount of progress in bolstering the key offerings of the brand and I am exceptionally proud of all we have achieved.”

Last year, Hamilton and Inches became the first to secure access to Scotland’s first ever commercially mined gold. 

Back to top button