Luxury Retail

Goldsmiths expands Gateshead showroom

Goldsmiths has announced that it has expanded its Metrocentre showroom in Gateshead. Goldsmiths Metrocentre is located in the lower Green Mall and features a wraparound frontage with two entrances. The showroom is home to jewellery from Goldsmiths own diamond collections as well as a large back wall dedicated to branded…

Read More »

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…

Read More »

Goldsmiths opens double-storey Liverpool showroom

Luxury jeweller Goldsmiths has announced the opening of a new double-storey showroom in Liverpool. Situated at Liverpool One, on Paradise Street, the showroom has undertaken an extensive expansion and refurbishment. The new store features a dedicated entrance for the new Rolex area which has been designed with premium materials such…

Read More »

The Diamond Lab secures 450k funding and appoints new chairman

London-based jewellery business The Diamond Lab, founded by Jamie Amelia Patel, has secured a £450,000 Series A funding in its first round of private financing led by investor James Shulman. Additionally, David Duncan-Smith, former managing director of Prada UK and Louis Vuitton UK will be joining the brand as its…

Read More »

Mappin and Webb unveils refurbed Guernsey showroom

Luxury jewellers Mappin and Webb has unveiled its new refurbished showroom in Guernsey. The historic listed building has undertaken an “extensive” refurbishment to be the second showroom to implement the new interior design concept providing a light, bright luxury environment. Clients will now walk directly into the dedicated Rolex room…

Read More »

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,…

Read More »

Beaverbrooks opens new Cambridge store

Diamond, jewellery and watch retailer, Beaverbrooks, has opened its first store in Cambridge’s Grand Arcade Shopping Centre, aiming to bring “significant” investment in luxury retail ahead of the busy Christmas period. Creating 12 new roles and investing over £800k in the area, the retailer will also be opening the first…

Read More »

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”…

Read More »

Laings: what’s next?

What is your history in the industry? I have been in the industry for over 27 years, having held various roles across the sector and within Laings itself – from shop floor to operations management. My career in the jewellery and watch sector started in 1995 with Ernest Jones, before…

Read More »

Laings announces new retail director

Laings has announced Brian Nelson as its new retail director, who will be responsible for the on and offline retail operations and day-to-day management of the business. Previously head of retail at Laings, Nelson will now have strategic oversight of the retail side of the business, including its showrooms located…

Read More »