Suvarna Garge (Editor)

H. Samuel

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Industry
  
Retail

Products
  
Jewellery

Motto
  
"Helps you say it Better"

Number of employees
  
17,200

Headquarters
  
London, Birmingham

Founder
  
Harriet Samuel

Number of locations
  
303 (February 2015)

Founded
  
1862

Parent organization
  
Signet Jewelers

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Type
  
Private Limited Company

Key people
  
Terry Burman (Chief Executive)

Revenue
  
$3.665 billion (YE February 2008) (Signet Group)

Profiles

H. Samuel is a mass-market jewellery chain, operating in the United Kingdom and Ireland. There are 303 stores as of 16 February 2015.

The chain is part of the Signet Group who also own the Ernest Jones and Leslie Davis high-street jewellery stores in the UK. Signet Group, listed on the London and New York stock exchanges also owns Sterling, the largest speciality jewellery retailer in the United States of America, which operates the number one Kay brand, Jared the Galleria Of Jewelry and a further ten regional brands.

In 2005 the chain launched its first e-commerce site.

Some H. Samuel stores were formerly branches of Ratner's Jewellers, which were re-branded following that brand's spectacular fall from grace in 1992.

History

The H.Samuel story begins in 1862 when Harriet Samuel (née Wolf) took over her father-in-law Moses Samuel's clock-making and silversmith business in Liverpool. Harriet moved the business to Manchester's Market Street and ran the mail order side. Her son developed the retail area.

The first H. Samuel retail store opened in Preston in 1890, closely followed by branches in Rochdale and throughout Lancashire. To accommodate the growing business, the company moved to large headquarters in Birmingham in 1912.

After the war, Harriet's grandsons Gilbert and Robert took over as Chairman and Vice Chairman. In 1948, the company was successfully floated on the Stock Exchange.

Gilbert was appointed a CBE for political and public services, became a Queen's Sheriff for the City of London and was elected Master of the Clockmakers Company. Meanwhile, the number of H.Samuel stores rose to over two hundred nationwide.

After the brothers' deaths in the late 1970s, Robert's son took over as Chairman. In 1984 he led an acquisition of the James Walker Group, which doubled the company's presence in the UK.

References

H. Samuel Wikipedia