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Goldsmiths (retailer)

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Goldsmiths
Company typeSubsidiary
Industry
Founded1892; 132 years ago (1892) in Newcastle upon Tyne, United Kingdom
HeadquartersLeicester, United Kingdom
Area served
United Kingdom
ProductsJewellery, Watches
Parent Watches of Switzerland Group Plc
Websitegoldsmiths.co.uk

Goldsmiths is a luxury jewellery retailer based in the United Kingdom.

History

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The business was founded by Thomas Cooke as the Northern Goldsmiths Company in Blackett Street in Newcastle upon Tyne in 1892.[1][2][3]

After selling marine chronometers to the Admiralty during the First World War,[4] the company became the UK’s first appointed stockist of Rolex watches in 1919.[5]

The company acquired Reid & Sons, a business founded in the 18th century, in 1967.[6] It changed its name to The Goldsmiths Group in 1984,[7] and was listed on the London Stock Exchange, before being the subject of a management buyout led by Jurek Piasecki in 1999.[8]

The business was acquired by Alchemy, the investment business founded by Jon Moulton, in 2004,[9] and came under the control of Baugur Group in 2007.[10][9] It was subsequently merged with Watches of Switzerland and Mappin & Webb, which were also owned by Baugur Group, and went on to form part of the Watches of Switzerland Group, which was floated on the London Stock Exchange in 2019.[11]

Sport

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Goldsmiths are a sponsor of the Leicester Tigers Rugby Football Club, sponsoring a stand within the Welford Road stadium[12] and the club's Player of the Month Award.[13]

References

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  1. ^ "Steel Rolco / Rolex retailed by Northern Goldsmiths Oyster circa 1935". Blackbough. Retrieved 8 October 2024.
  2. ^ "English Electroplate Silver". The Silver Collection. Retrieved 8 October 2024.
  3. ^ "Northern Goldsmiths". Northumbia.info. Retrieved 8 October 2024.
  4. ^ "Newcastle's Northern Goldsmiths - the popular city-centre meeting place is 130 this year". The Chronicle. 18 December 2022. Retrieved 8 October 2024.
  5. ^ "Watches of Switzerland and Rolex celebrate century together in the North East". Watchpro. 29 April 2019. Retrieved 8 October 2024.
  6. ^ "Reid Family of Silversmiths". The Silver Collection. Retrieved 8 October 2024.
  7. ^ "Companies House Profile". Retrieved 11 July 2020.
  8. ^ "Goldsmiths turns its back on City investors". The Guardian. 19 March 1999. Retrieved 8 October 2024.
  9. ^ a b "Baugur to buy Goldsmiths shares from ousted boss". The Guardian. 14 October 2007. Retrieved 8 October 2024.
  10. ^ "Jurek Piasecki on building up Nuval". Watchpro. 14 May 2012. Retrieved 9 October 2024.
  11. ^ "Watches of Switzerland starts clock on London IPO plan". Evening Standard. 2 May 2019. Retrieved 2 September 2019.
  12. ^ "The Stadium". Leicester Tigers. Archived from the original on 27 June 2015. Retrieved 1 July 2015.
  13. ^ "Goldsmiths Player of the Month". Leicester Tigers. Archived from the original on 27 June 2015. Retrieved 1 July 2015.
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