Company of Master Jewellers plans to expand retailer, supplier network

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Company of Master Jewellers plans to expand retailer, supplier network

By David Brough

BIRMINGHAM, March 4, 2018 – The Company of Master Jewellers (CMJ), the UK and Ireland’s largest buying group in watches and jewellery, is looking to expand its retail member and supplier network, senior executives said.

The CMJ has identified some 100 towns and cities where it is not represented and will start reaching out to priority locations, said its Chairman, Michael Aldridge.

“The key is to go back to basics and concentrate on members and suppliers,” CEO Terry Boot told Jewellery Outlook.

In key strategic locations the CMJ does not rule out the possibility of having more than one retailer represented.

The organisation is also constantly on the lookout for new suppliers who meet the requirements of member retailers.

“We will look at any supplier who wants to come and approach us,” Aldridge said.

The Chairman and CEO were speaking on the sidelines of the March 4-5 Trade Event, a twice-a-year gathering which brings together independent retailer members and suppliers, including jewellery manufacturers, watch brands, jewellery designers and polished diamond and gemstone suppliers.

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Company of Master Jewellers plans to expand retailer, supplier network

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