Goldsmiths (retailer) explained

Goldsmiths
Type:Subsidiary
Founded: in Newcastle upon Tyne, United Kingdom
Hq Location:Leicester, United Kingdom
Area Served:United Kingdom
Parent:Watches of Switzerland Group Plc
Products:Jewellery, Watches
Website:goldsmiths.co.uk

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

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]

External links

Notes and References

  1. Web site: Steel Rolco / Rolex retailed by Northern Goldsmiths Oyster circa 1935. Blackbough. 8 October 2024.
  2. Web site: English Electroplate Silver. The Silver Collection. 8 October 2024.
  3. Web site: Northern Goldsmiths. Northumbia.info. 8 October 2024.
  4. News: Newcastle's Northern Goldsmiths - the popular city-centre meeting place is 130 this year. 18 December 2022. The Chronicle. 8 October 2024.
  5. News: Watches of Switzerland and Rolex celebrate century together in the North East. 29 April 2019. Watchpro. 8 October 2024.
  6. Web site: Reid Family of Silversmiths . The Silver Collection. 8 October 2024.
  7. Web site: Companies House Profile. 11 July 2020.
  8. News: Goldsmiths turns its back on City investors. 19 March 1999. The Guardian. 8 October 2024.
  9. News: Baugur to buy Goldsmiths shares from ousted boss. 14 October 2007. The Guardian. 8 October 2024.
  10. News: Jurek Piasecki on building up Nuval. 14 May 2012. Watchpro. 9 October 2024.
  11. Web site: Watches of Switzerland starts clock on London IPO plan. Evening Standard. 2 May 2019. 2 September 2019.
  12. Web site: The Stadium . Leicester Tigers . 1 July 2015 . 27 June 2015 . https://web.archive.org/web/20150627182649/http://www.leicestertigers.com/club/stadium/goldsmiths.php . dead .
  13. Web site: Goldsmiths Player of the Month . Leicester Tigers . 1 July 2015 . 27 June 2015 . https://web.archive.org/web/20150627182746/http://www.leicestertigers.com/fans/interactivity/player_of_the_month.php . dead .