HOT 100 2015 BUSINESS BIG SHOTS: Scott Thompson

Scott Thompson, founder & chief executive officer, Carat* London.

Business has been booming for luxury fashion jewellery brand Carat* this year, but it was the birth of his second daughter Phoebe that really put a smile on Scott Thompson’s face.

Aside from his growing family, Scott has also been growing the celebrity fan base of Carat*, with pop stars Rita Ora, Ellie Goulding, Lily Allen and Lady Gaga all wearing his pieces in one 12-month stretch. “This has given us an international profile and allowed us to be relevant to the younger generation — especially with our new Heroine and Millennium collections,” he notes.

Social media has also been high on the agenda at Carat* this year, with the brand’s Facebook followers soaring past 350,000 and its Instagram account also flourishing. He continues: “We have set up a strong base to access new sales channels and open in new markets. We are in talks to open in five new markets next year.”

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On home soil, Carat* has seen its presence grow to around 190 stockists, while its standalone stores have undergone extensive renovations to give them an edge in the marketplace. In Harrods, the brand opened its own 100sqft shop-in-shop boutique in June, with Scott commenting: “It took a number of years starting with a small generic cabinet but now we can really immerse our customers with the experiential part of retail that I really love.”

As the official jewellery partner of the BAFTA Television Awards, it makes sense that Scott opted to get his photograph taken with that recognisable golden face. He explains: “I love BAFTA. I love the people there and the cause. It is a non-profit organisation that supports one of the UK’s greatest exports: our performing arts.” Unsurprisingly Scott is a big television fan himself, so if you ever see him jetting between Carat*’s Hong Kong and London headquarters, he’s probably “binge watching entire seasons” on Apple TV.  

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One Comment;

  1. John said:

    Fantastic product that unfortunately in the last year has rocketed in price with delivery times falling to 10 weeks+. A great shame.

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