Beaverbrooks

A national jewellery and watch retailer has announced "record breaking" sales in its latest accounts.

Turnover of £202.4m at family-owned Beaverbrooks is up 64.4 per cent on 2020-2021 and 41.3 per cent higher than its most profitable centenary year in 2019-2020.

Operating profits soared by 117 per cent from £16.3m in 2021 to £35.3m. 

Key business strategies included additional investment in stock to help mitigate disruption to product availability following Brexit shortages. 

Beaverbrooks also progressed seven store refurbishments and openings across its portfolio in 2021/22, including recent investments in its Chester, Glasgow, Silverburn and Manchester Arndale shopping centre stores.

Read more at: Insider Media

Read our other news

£196m investment for Cheshire high-tech nuclear fuel facility welcomed

Cheshire is set to become home to the first advanced nuclear fuel facility in Europe to establish an energy supply chain not reliant on Russia, the Government has said.

Read More
Royal endorsement for EA Technology Innovation

EA Technology have been awarded the King's Award for Enterprise 2024

Read More
'Poshest' farm shop The Hollies opens new store on Cheshire Village high street

The Hollies has opened a new boutique-style shop in the middle of Tarporley - the village named one of the best places to live in the UK

Read More