News Article

Beaverbrooks

28 July 2022

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