Laings has signed a 15-calendar year lease to take around a landmark B-shown constructing in Scotland, which is set to turn out to be the family members-operate jeweller’s new Uk flagship location.

A preparing application submitted to Glasgow Town Council highlighted Laings’ proposal to revitalise Rowan Property, a 19th century retail and business office development on Glasgow’s Buchanan Street. The unbiased jeweller’s £5m financial investment plan will see “significant updates” manufactured to the legendary 34,468 sq ft outlet space.

Presently occupying the next and 3rd ground workplace room, owned by Royal London, Laings is now established to rework the whole stone-crafted five-storey building, with vital elements of the enlargement strategy established to construct on the workspaces for its developing team of craftspeople and “enhance the over-all retail experience”.

Glasgow has been home to Laings given that it was set up in 1840, with the business giving a assortment of luxury jewelry throughout its three showrooms in just Glasgow’s Argyll Arcade.

Stuart McDowell, taking care of director of Laings, reported: “Last 12 months, we introduced our multi-layer growth approach to renovate our showrooms and workshops throughout the United kingdom, reimagining the purchaser experience even though making certain traditional jewellers’ crafts are kept alive for generations to occur.

“The centrepiece of this financial commitment prepare is our new flagship showroom in Glasgow, wherever we’ll be bringing Laings to the forefront whilst developing exceptional, immersive encounters for our clients.”

He included: “With negotiations to protected Rowan Residence now entire, and a 15-year lease agreed, we’re excited to be able to announce our strategies to deliver a new retail structure that captures the creativeness of our shoppers and more improves the luxurious purchasing working experience in Glasgow.”

Laings CEO, Joe Walsh, extra: “As we proceed to innovate with our jewellery and watchmaking retail encounters, we’re wanting to deliver innovation to each spot of the business, although under no circumstances forgetting the deep-rooted heritage of Laings.

“The Argyll Arcade has been an crucial section of our story and we’re fully commited to making sure the success of the arcade continues. Our three Glasgow showrooms have been priceless as we’ve crafted our providing and presence in the city, but as we get completely ready for this subsequent chapter, we’re open up to enquiries about our present retail units in the arcade.”