Newgate (company)

Last updated
Newgate
Company type Private
IndustryRetail
Founded1991
Headquarters Oswestry, Shropshire, UK
Key people
Jim Read (Managing director)
Chloe Read (Managing director)
Products Clocks, watches
Number of employees
50
Website https://www.newgateworld.com/

Newgate is a British clock and wristwatch manufacturing company headquartered in Oswestry, Shropshire [1] . It produces men and women's watches, alarm clocks, mantel clocks, wall clocks, and outdoor clocks, [2] [3] as well as designing and producing clocks for other brands.

Contents

Background

Newgate was founded in 1991 by Jim and Chloe Read, the current owners, in the spare room of their apartment. [4] The name was inspired by the old New Gate Toll near their apartment and first home in Oswestry.

The clocks were first seen at a trade exhibition at London's Alexandra Palace where orders for clocks were received from Harrods, dozens of home stores and several European distributors.

In the 1990s, 75 per cent of the clocks produced were exported around the world. The clocks were all manufactured in the Oswestry factory until 2003 when production moved to Asia, benefiting from lower manufacturing costs and higher production capacities. [5]

The decision to create a fusion brand called Jones Clocks was made in 2005. Jones Clocks is a fashion clock brand, and its products are sold to supermarkets and large home and DIY centres.

In 2009, the company purchased a large ex-LauraAshley factory in Oswestry that required refurbishment. This included new facilities, offices and showrooms; which were built in a classic style and furnished with original 1940s furniture. The building also houses Newgate's design studios and its collection of industrial and vintage clocks. [6]

In 2012, work started on a range of watches. The Newgate Watch collection took three years to come to fruition when a range of fifty watches was launched at the Spring Fair in Birmingham, in February 2015. [7] [8] [9] The UK watch trade publication WatchPro featured Newgate Watch founders Jim and Chloe Read in the Trailblazer category of the WatchPro Hot 100 of 2016. [10]

A portfolio of short films was made in 2015 to showcase each watch and clock family. [2]

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References

  1. "NEWGATE CLOCKS LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2024-05-04.
  2. 1 2 "Video: Perfect timing as Shrewsbury stars in watchmaker's promotional film". www.shropshirestar.com. 14 September 2015. Retrieved 2019-07-17.
  3. "Introducing Newgate Watches". Menswear Style. Retrieved 2019-07-17.
  4. Ruth Corbett (11 June 2016). "Interiors: our party house" . The Times. London.
  5. "Clock firm restarts production". 2012-10-10. Retrieved 2019-07-17.
  6. Graeme Brown (11 August 2009). "Help at hand for Newgate Clocks as they make big move". Birmingham Post. Retrieved 21 November 2018.
  7. "Welcome". Spring Fair 2018. Retrieved 2019-07-17.
  8. "The fashion edit: the top 10 watches – in pictures". The Guardian. 2015-11-20. ISSN   0261-3077 . Retrieved 2019-07-17.
  9. Team, Stylist (2016-01-25). "This week's Style List: from commute-friendly headphones to statement sneakers". Stylist. Retrieved 2019-07-17.
  10. Corder, Rob (2016-07-05). "HOT 100 TRAILBLAZERS: Chloe & Jim Read, founders, Newgate Watches". WatchPro. Retrieved 2019-07-17.