9 May 2024 - acquisition
The leading luxury watch and jewellery retailer has announced that it has acquired Roberto Coin Inc for $130m in cash, although $10m will not be due for a year. Roberto Coin is an Italian based jewellery brand and the sixth largest brand in the US market by retail sales. Roberto Coin Inc has the exclusive rights to import and distribute the brand in the US, Canada, Caribbean and Central America. The company sells to major department stores, jewellery chains and independent jewellers with over 400 points of sale. In the year to 31 December 2022, it . . .
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