Tag Archives: aurum holdings

“In jewellery we are trying to be exclusive and not compete in the discount-led sector” says Aurum Holdings CEO

Aurum Holdings is looking to create exclusivity within in jewellery offering as the Group refuses to join in with today’s discounting culture. While watches now represent over 70% of business, when it comes to jewellery Aurum Holdings won’t get pulled into a pricing battle. Aurum Holdings chief executive officer, Brian Duffy, says: “In jewellery we

Aurum Holdings poised to enter London stock market

Britain’s biggest jewellery and watch retailer, Aurum Holdings, has readied itself to enter London’s stock market by securing a deal with two banks. According to exclusive reports from Sky News, the jewellery and watch group has selected Goldman Sachs and Barclays to spearhead a public listing. It has been reported that the listing is likely

REVEALED: The gender pay gap of the biggest jewellery firms in the UK

The gender pay gap between women and men in the UK jewellery retail industry is bigger than the UK average. Professional Jeweller and sister publication WatchPro has researched the UK’s eleven largest groups: Aurum Holdings, Signet Jewelers, Beaverbrooks, Fraser Hart, Swarovski, TH Baker, Thomas Sabo F.Hinds, Pandora, Chisholm Hunter and Tiffany & Co. Collectively, the groups employ

Aurum Holdings secures surge in operating profit and sales for FY 2017

Aurum Holdings published its accounts for the financial year ending April 30 2017 today; confirming that sales rose 24.4% to £566 million and operating profit increasing 174.2% to £17.2 million. The accounting period pre-dates the acquisition of Mayors in the United States, which the group bought for $105 million in October 2017. Aurum Holdings, which

Aurum Holdings pushes harder into luxury jewellery to match prestige of watch portfolio

Aurum Holdings is upgrading its jewellery offering to the same status as its portfolio of watches, which includes Rolex, Cartier and Patek Philippe. Over the last 12 months, Aurum Holdings has started to reposition its jewellery portfolio, adding new high-end luxury brands, and transforming Mappin & Webb and Goldsmiths into standalone retail jewellery brands. As

Q&A: Head of jewellery buying at Aurum Holdings discusses bridal trends

Emma Towers, head of jewellery buying at Aurum Holdings, talks to Professional Jeweller about the bridal jewellery market. What bridal trends dominated the market this year? Whilst we continue, and expect, to see that most of our clients are choosing a classic engagement ring, we have been seeing more design led bridal styles available on

Aurum Holdings is no longer up for sale, CEO reveals

Aurum Holdings is officially no longer for sale, the group’s chief executive revealed exclusively to Professional Jeweller’s sister publication, Watchpro, last night. Aurum’s private equity owner Apollo Global Management has spent the past year preparing the group for sale and speaking to potential buyers, but has decided there is more value in keeping the business