Goldsmiths (retailer)

Last updated

Goldsmiths
Company type Subsidiary
Industry
Founded1892;132 years ago (1892) in Newcastle upon Tyne, United Kingdom
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.

Contents

History

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

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]

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References

  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. 1 2 "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.