Laings has signed a 15-year lease to take over a landmark B-listed building in Scotland which is set to become the family-run jeweller’s new UK flagship location.
A planning application submitted to Glasgow City Council highlights Laings’ proposal to revitalise Rowan House, a 19th century retail and office development on Glasgow’s Buchanan Street. The independent jeweller’s £5m investment plan will see significant updates made to the iconic 34,468 sq ft outlet space.
Currently occupying the second and third floor office space, owned by Royal London, Laings is now set to transform the full stone-built five-storey building at 68/70 Buchanan Street. With key elements of the expansion plan set to build on the workspaces for its growing team of craftspeople and enhance the overall retail experience, this contract signals the latest milestone in Laings’ multi-layer growth strategy as it builds on its legacy as a leading destination for luxury jewellery and watches.
Stuart McDowell, Managing Director of Laings, said: “Last year, we announced our multi-layer expansion plan to transform our showrooms and workshops across the UK, reimagining the customer experience while ensuring traditional jewellers’ crafts are kept alive for generations to come.
“The centrepiece of this investment plan is our new flagship showroom in Glasgow, where we’ll be bringing Laings to the forefront while creating unique, immersive experiences for our clients. With negotiations to secure Rowan House now complete, and a 15-year lease agreed, we’re excited to be able to announce our plans to deliver a new retail format that captures the imagination of our clients and further enhance the luxury shopping experience in Glasgow.”
Glasgow has been home to Laings since it was established in 1840 and the family business has continued to grow as an iconic brand at the heart of city’s vibrant retail scene, offering an outstanding selection of luxury watches and jewellery across its three showrooms within Glasgow’s Argyll Arcade.