Retailer Grace & Co. and supplier Tiangius Jackson join buying group.
The Company of Master Jewellers has announced two new members, retailer Grace & Co. and Mexican silver specialist Tiangius Jackson.
The businesses have joined to help develop their presence in the UK industry. Grace & Co. director Mick McQuillan said: "There are many reasons why we applied to join the CMJ. Apart from the obvious financial benefits, we are relatively new to retail and appreciated the opportunity to watch and learn from more established businesses. In addition we believe being a member will benefit our long-term ambition to establish a market for higher price point product."
McQuillan and his partner Lorna McQuillan have worked as agents and distributors to the retail jewellery industry for the past 12 years for brands including Nomination, Pandora, Kit Heath and Kranz & Ziegler.
They opened their first retail store in February 2010 with the aim of providing the latest contemporary jewellery brands in small- to medium-sized provincial towns. They now operate stores in Ashby de la Zouch, Corby and South Molton, and most recently opened a store in Hinckley. They are also scheduled to open their first Pandora concept store on November 1.
As part of its move to the CMJ, Grace & Co. also hopes to develop a second phase of business, adding more traditional higher price point jewellery to its offer, as well as engagement and wedding rings.
Silver jewellery brand Tiangius Jackson has also made a move to the buying group, with its owner Ken Taylor saying he joined the CMJ on the recommendation of both fellow suppliers and CMJ members.
“We always had a good base of members who have been longstanding customers of Tianguis and talking to fellow suppliers, they thought our product would be a suitable addition to the range of products available to members. A number of members were also keen for us to seek approved status," he said.
Taylor added that the number of independent, family-run retail businesses that are part of the CMJ also appealed the brand.
"Joining the CMJ has given us access to the type of business that has stood us in good stead over the years. We have always thought of business as a partnership between supplier and member and looking to a long-term relationship rather than short-term gains,” he added.