Goldsmiths Limited · Braunstone United Kingdom
Company Description
Phone: +44-116-232-2000
Fax: +44-116-232-2200
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Goldsmiths doesn't necessarily turn raw materials into gleaming baubles, but it does deal with the goldsmith's end result: jewelry. The firm, which was founded in 1778 and is a top UK retailer of diamond and fine jewelry and watches, operates about 160 stores throughout the UK. Keeping up with the times, Goldsmiths also sells jewelry online. The chain was the country's first authorized Rolex merchant, and remains a top dealer of Rolex, Omega, Tag Heuer , and other watch brands. Iceland's acquisitive Baugur Group added the jeweler to its list of UK holdings in 2004 for £110 million. Baugur later bought UK jeweler Mappin & Webb and integrated the two chains under parent Aurum. To read the full description, subscribe now.
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Key Goldsmiths Limited Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.0 |
| Employees | 1,186 |
Goldsmiths Limited Executives
10 executives listed for Goldsmiths Limited's Braunstone, location.
| Title | Name & Bio | Contact |
| Chairman | Jurek Piasecki | Network |
| CEO | Justin Stead | Network |
| Group Finance Director | S. C. Sargent | Network |
Competition
Competitive Landscape for Goldsmiths Limited
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top Goldsmiths Limited Competitors
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