The H&T Group has reported another positive year with gross profit increasing by 11.7% from £57.1m to £63.8m. H&T states the 12 months ending December 31 2017 has been a milestone year, with the Group posting revenue growth from most of its core services. Overall, the Group delivered profit before tax of £14.1m (2016: £9.7m) as…
Progressive Pawnbroking: H&T chief executive John Nichols
This month, Professional Jeweller catches up with chief executive of H&T Pawnbrokers, John Nichols. Here’s a sneak preview of the feature, due to appear in our April issue. With an increase in visibility on the high street since the nineties, the sale of jewellery through pawnbrokers has become big business. Founded in 1897 in south London, H&T…
H&T Group announces preliminary results for 2015
H&T Group has released its preliminary results for the year ended December 31 2015, citing a 3.9% increase in gross profits overall to £47.5m. Profit before tax was up 23.6% from £5.5m in 2014 to £6.8m in 2015, while gross pledge book grew by 1.3% to £39m. Profit after tax increased to £5.4m in 2015,…
H&T Pawnbrokers launches Christmas fundraising campaign
H&T Pawnbrokers is launching a toy collection for children’s hospitals and charities to round-off a year of fundraising activities. Staff at more than 60 H&T Pawnbrokers stores across the country are, this week, setting up their Christmas fundraising activities, establishing drop-off points for Mission Christmas, a charity which collects gifts and money to help enable…
NPA toasts pawnbroking industry with annual awards
The National Pawnbrokers Association held its annual awards in London last week, celebrating a selection of individuals and businesses from across the UK pawnbroking industry. Pawnbrokers from across the UK joined together at the Victoria Park Plaza London, to toast the successes of the past year and to recognise excellence in pawnbroking. This year’s National…
Professional Jeweller unveils Shop Floor Stars 2015 winners at IJL
Over 70 guests arrived at the International Jewellery London Catwalk on Sunday September 6 to hear the results of Professional Jeweller’s Shop Floor Stars initiative. The 21 finalists, six special award winners and one overall winner were each called to the stage to accept their trophies, with companies such as Beaverbrooks, Swag, Mococo, JewelStreet, Wongs Jewellers and Alexis…
H&T Pawnbrokers to hold free valuations day in Caterham
H&T Pawnbrokers has announced it will be holding a free and independent valuations day on Saturday September 19 from 9am to 4pm, at Caterham Soper Town Hall, Harestone Valley Road, Caterham. A panel of valuation experts from H&T Pawnbrokers will be on hand to provide information, background, and advice on a wide range of items…
H&T Group profits jump 30% in H1 2015 as secondhand retail operation holds steady
H&T Pawnbrokers has seen its revenue rise in the first six months of 2015, with profits up 30% before tax and retail sales up 1.5%. Profits before tax are up 30% to £2.6 million, while net debt has fallen by 34% to £8.9m. However, the Group’s pledge book decreased by 2.9% to £37.4m in the…
H&T Pawnbrokers and Fish Brothers signed up to police Safe Seller Scheme
H&T Pawnbrokers and Fish Brothers have signed up to the Safe Seller Scheme run by the Metropolitan Police. The scheme helps buyers and sellers of jewellery and watches identify stolen goods against a database maintained by the police. H&T Pawnbrokers and Fish Brothers, which have 48 stores between them in London, are supporting the successful…
FEATURE: An analysis of the silver market in 2015
Branded silver may have saved retailers during the dark days of the recession, but now optimism is surging and spend is returning could it be in for tough times of its own? We analyse the silver market from the perspective of bullion dealers, assay masters, manufacturers and brands to find out more. Let’s start with…
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