Tag Archives: Abbeycrest

Alfred Terry owner buys Abbeycrest Thailand

Alfred Terry owner buys Abbeycrest Thailand

Gitanjali Group to invest in reviving wholesale jewellery biz. Gitanjali Group, owner of British jewellery brand Alfred Terry, has acquired a 100% stake in wholesale jewellery business Abbeycrest Thailand, which filed for administration last year. The Gitanjali Group is a major global jewellery force with money to invest in the rebooting of Abbeycrest, which has

John Ball on a rescue plan for Brown & Newirth

Director at British ring manufacturer on business after Abbeycrest. It has been a tough year or two for Brown & Newirth as its parent company abbeycrest filed for administration and it lost a raft of key accounts due to mismanagement, but all that is about to change. Rachael Taylor meets with director John Ball to

Chrysus buys Abbeycrest Thailand shares

Shareholders told not to expect a return while B&N sale is confirmed. Administrator Leonard Curtis has announced it has sold the shares of Abbeycrest Thailand to Chrysus Holdco, a privately owned investment vehicle based in Manchester. Leonard Curtis also officially confirmed Professional Jeweller’s story published on Tuesday that Chysus Trading has also bought up the

Abbeycrest shares suspended as sale talks fail

Discussions to sell Thailand subsidiary to overseas buyer break down. The UKLA has suspended trading of Abbeycrest’s shares on the main market of the London Stock Exchange with immediate effect pending clarification of the group’s financial position. The move was requested by the board of Abbeycrest, which has said that a further announcement “will be

Abbeycrest shuts down Leeds HQ to cut costs

Jewellery company to move office to Brown & Newirth base in Hatfield. Embattled jewellery company Abbeycrest has moved its head office from Leeds to Hatfield in order to cut costs. The head office of the jewellery company will now be situated at the same building as its bridal jewellery brand subsidiary Brown & Newirth. Abbeycrest

Abbeycrest mulls asset sale to pull in capital

Board releases update offering insight into possible action plans. Jewellery manufacturer Abbeycrest is considering the sale of some of its assets in order to claw back some working capital. The company, which owns bridal jewellery business Brown & Newirth and a manufacturing arm in Thailand, released a statement this morning listing “the disposal of certain

Abbeycrest hires new FD as Simon Lazenby exits

Mark Birchall joins jewellery group from own accounting consultancy. Abbeycrest has hired accounts expert Mark Birchall as its new financial director. Birchall joins the jewellery company that owns wedding band specialist Brown & Newirth from his own consultancy firm, which he founded in 2009. Prior to this he spent 10 years as the financial director

Amber Saunders leaves Brown & Newirth

Sales & marketing manager seeking new pastures in jewellery industry. Amber Saunders has left Brown & Newirth after nine years working for the Abbeycrest-owned jewellery company. Saunders worked at the wedding ring specialist as sales and marketing manager, a role that included managing the sales office team, key accounts and organising the brand’s PR and