Company type | Subsidiary |
---|---|
Industry | |
Founded | 1892Newcastle upon Tyne, United Kingdom | in
Headquarters | Leicester, United Kingdom |
Area served | United Kingdom |
Products | Jewellery, Watches |
Parent | Watches of Switzerland Group Plc |
Website | goldsmiths.co.uk |
Goldsmiths is a luxury jewellery retailer based in the United Kingdom.
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]
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]
Rolex SA is a Swiss watch brand and manufacturer based in Geneva, Switzerland. Founded in 1905 as Wilsdorf and Davis by German businessman Hans Wilsdorf and his brother-in-law Alfred Davis in London, the company registered Rolex as the brand name of its watches in 1908 and became Rolex Watch Co. Ltd. in 1915. After World War I, the company moved its base of operations to Geneva because of the unfavorable economy in the United Kingdom. In 1920, Hans Wilsdorf registered Montres Rolex SA in Geneva as the new company name ; it later became Rolex SA. Since 1960, the company has been owned by the Hans Wilsdorf Foundation, a private family trust.
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