New CEO at jeweller
Houghton replaces Paterson at Hamilton & Inches
Victoria Houghton: ‘passion and dedication‘
Jeweller Hamilton & Inches has appointed experienced high street retailer Victoria Houghton as chief executive, taking over from Stephen Paterson who has stepped down after 40 years of service. Ms Houghton has been a non-executive at the company since June last year.
The appointment of Houghton is part of a wider strategy by the company to double turnover to £20 million over the next five years. An experiential retail approach will be implemented in the George Street showroom, in addition to an investment to renovate the facia and internal aesthetics. This investment is also part of Hamilton & Inches’ campaign to champion Edinburgh as one of the leading shopping destinations in the world.
Chairman Peter Lederer said Ms Houghton is “the perfect candidate to step into the new role of CEO for Hamilton & Inches”.
He said her involvement over the past year “has been exceptional and her understanding of global industry trends in retail and unique ability to get to the crux of the issues is impressive. She brings passion, dedication and a fresh approach to deliver the five-year growth strategy for Hamilton & Inches.”
Ms Houghton said: “I look forward to continuing my work to reposition such an iconic Scottish heritage brand to build market share in the global retail landscape.”
Her track record includes initiating negotiations to take on the country-wide franchise for Next in Romania and firmly establishing it with four profitable stores in Bucharest. She held the role of fashion and accessories buyer at Next, River Island and M&S. Ms Houghton also worked for Q5 Business Management Consultants working with Burberry on its strategic business transformation and change management project.