Jewellery brand plans to expand retail network with an extra 100 doors
Thomas Sabo is looking to expand its retail presence in the UK.
The jewellery brand presently has 400 doors in the UK but wants to increase this to a maximum of 500.
As well as increasing the number of independent retailers stocking its jewellery the brand is also continuing its own store expansion with new boutiques opening in Sheffield and Lakeside.
It is also planning to increase the number of shop-in-shop concepts that it has within independent retailers. It has 22 shop-in-shops in the UK at present but is hoping to increase this to 45.
Thomas Sabo has a mixture of standalone stores and independent stockists in the UK. It also has one franchise store in Cambridge.
Thomas Sabo has enjoyed global sales growth of 700 percent over the past four years.