Laings
Laings is one of the UK’s most established and respected jewellers, with a rich heritage and a strong presence across multiple cities. As a leading retailer of luxury watches and fine jewellery, Laings plays a significant role in shaping consumer trends and influencing the wider trade. Jewellery Focus reports on Laings’ latest developments, including store openings, refurbishments, leadership changes, brand partnerships, and strategic initiatives. Our coverage provides valuable insights for trade professionals tracking major players and understanding their impact on the UK jewellery market.
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Mar- 2024 -12 MarchRetailers
Laings opens new watch service centre in Glasgow
UK-based luxury family jeweller Laings has launched a new watch service centre in Glasgow following its £5m investment programme. The new centre, which is the first of its kind in Scotland, has been delivered through a £1.1m outlay. It comes as part of a wider £5m programme of works by…
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Jan- 2024 -2 JanuaryRetailers
Laings turnover hits £63m amid retail and workshop investment
Laings’ has a reported a 5% increase in turnover to £63.3m for the year ended 31 May 2023. Furthermore, the retailer posted a profit before tax of £3.7m for the period which it stated will be reinvested back into the business. The positive financials come following a programme of investment…
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Dec- 2023 -6 DecemberRetailers
Laings to open new Tag Heuer showroom
Laings has announced plans to open a second Tag Heuer showroom situated in the prime luxury retail location of Multrees Walk in Edinburgh. The new store, opening in Spring 2024, follows the successful launch of Scotland’s first mono-brand TAG boutique, which opened on Glasgow’s Buchanan Street in September. The new…
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Nov- 2023 -3 NovemberRetailers
Laings unveils new Southampton showroom
Laings has reopened its doors from its existing location to its new luxury showroom in Westquay shopping centre in Southampton. The 9,000 square foot showroom, formerly occupied by Victoria Secret, provides a “reimagined luxury experience” in the centre of Westquay. The newly-developed store, which had a £3m pound investment, is…
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Oct- 2023 -9 OctoberRetailers
Laings appoints Serena Gough to its board
Luxury family-owned jewellers Laings has promoted Serena Gough to its UK board. Gough has been a part of the Scottish headquartered business since 2019 and heads up Laings Services and Laings Bespoke departments spanning each of the six showrooms located across the UK. Laings said that the move comes as…
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Sep- 2023 -5 SeptemberRetailers
Laings opens new Tag Heuer boutique in Glasgow
Family-owned luxury jewellers Laings has opened a new Tag Heuer boutique on Buchanan Street on Glasgow’s Style Mile. The opening marks the first boutique for the luxury company in Scotland. It further highlights Laings’ continued commitment and investment in a bricks and mortar presence and to cement partnerships with global…
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Jul- 2023 -11 JulyRetailers
Laings starts recruitment drive for relocated showroom
Independent jewellers Laings has announced that it is launching a recruitment drive ahead of the opening of its relocated showroom in Southampton. The retailer is looking for at least 10 talented individuals to join the team at the new 9,000 sq ft showroom. The new recruits will join a wider…
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Jun- 2023 -2 JuneRetailers
Laings jewellers opens new Tag Heuer boutique
Family-owned luxury jewellers, Laings, has announced the opening of a new Tag Heuer boutique on Glasgow’s Buchanan Street. The news comes after Laings announced that it is investing £5m in a new flagship store in Rowan House on Glasgow’s Buchanan Street. The new store, which will open later this year,…
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Jan- 2023 -24 JanuaryDesigners
Laings launches Burns Night collection
Scottish jeweller Laings has launched its Burns night collection inspired by the works of Robert Burns. The main items in the collection include the ‘O my Love is like a red, red rose’ ring, an 18ct White Gold 1.95ct ruby and diamond ring inspired by Burns’ love poems and the…
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Dec- 2022 -19 DecemberRetailers
Laings announces £60m turnover in post-pandemic rebound
Retail jeweller Laings has announced a 62% increase in turnover, up to £60m, in its results for the year ended 31 May 2022. The company’s pre-tax profit was £5.4m up from £2.8m in 2021. Its gross margin also rose to 34% from 32.8%. The results were supported by “healthy growth”…
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