Hamilton inches shop front

Hamilton & Inches increases sales by 35% in 150th anniversary year

Hamilton & Inches has increased sales by almost 35% to £8.8 million from its single showroom in Edinburgh.

In accounts published by Companies House this week, the company also reported a five-fold rise in operating profit from £230,000 to £1.14 million in the year to March 31, 2017.

Hamilton & Inches marked its 150th anniversary in 2016, and enjoyed a visit from The Queen as part of its celebrations.

“These results illustrate the confidence our clients have in Hamilton & Inches product and service, a trust established over our 150 year heritage. As Royal Warrant holders, a visit from Her Majesty The Queen during our 150th anniversary was a great honour for our staff, and investment in new craftsmen and women within the jewellery and silversmith workshops embodies our commitment to making wonderful things under one roof here in Edinburgh for the next 150 years,” says Hamilton & Inches chief executive Stephen Paterson.

 

Hamilton & inches financial history - turnover

 

Hamilton & inches financial history - operating profit

 

Alongside branded and its own fine jewellery, Hamilton & Inches is one of only two Rolex agencies in Edinburgh and the only Patek Philippe partner.

The business also sells watches from Omega, Chanel, Tudor, Bremont and Zenith.

Business was boosted in the post-Brexit period by tourists flooding into Edinburgh to take advantage of the weak pound.

“An increased amount of overseas visitors to Hamilton & Inches were welcomed by our experienced sales team, our Jewellers for Generations advertising campaign across print and digital platforms brought the charm and excitement of wearing and sharing a Hamilton & Inches product to a whole new generation of consumer, and our long-term strategy of sourcing and supplying the finest gemstones continues to endorse the trust and confidence our loyal clients have in us as their jeweller,” Mr Paterson describes.

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