Chain on lookout for opportunities
Gem of a year at jeweller Chisholm Hunter
Jewellery chain Chisholm Hunter achieved a record turnover last year and said it is on the lookout for further opportunities to expand.
Its portfolio of 24 UK stores and an expanding eCommerce platform produced income of £29.6 million in the year ending March, against £24.9m in the previous 12 months. Pre-tax profits were up from £2.7m to £3.5m.
The payroll has grown from 161 in 2013 to 221 as four stores opened in addition to growth in the Glasgow-based Support Centre, which has doubled in size in the past 12 months.
Chisholm Hunter traces its roots to 1857, when a store of ‘10,000 Wonders’ opened its Victorian doors on Chisholm Street in Glasgow.
Harry Brown (right), managing director and the company’s gemmologist, acquired the brand and heritage in 1989.
He said: “Our continued success as a business is testament to the hard work and dedication of our team and their unwavering focus on the customer.
“We have a strong employee retention performance which is attributed to guiding principles of continued investment in training and commitment to supporting self-development.
“In this year alone we’ve doubled spend on training with the launch of a state-of-the-art training suite, where we deliver a range of high quality programmes including the industry gold standard qualification, Jewellery Education and Training, from the National Association of Goldsmiths.
“We’re continuously looking for expansion opportunities in both our existing estate and new locations. The stores are increasingly supported by our website, in which we invested significantly last year, to expand its capabilities and to capitalise on its potential as a key growth channel for the business.”