Bevilles Jewellers
| Bevilles Jewellers | |
| Private | |
| ISIN | 🆔 |
| Industry | Retailing |
| Founded 📆 | 1943 (Melbourne, Australia) |
| Founder 👔 | |
| Headquarters 🏙️ | Melbourne, Australia |
Number of locations | 21 (as at October 2018)[1] |
Area served 🗺️ | Australia |
Key people | Michelle Beville (CEO) |
| Products 📟 | Jewellery |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Bevilles Jewellers is a jewellery retailer in Australia. The company is run by the CEO Michelle Beville. As of 2018 Bevilles operated 21 stores across Victoria, New South Wales and South Australia.
History[edit]
1930's[edit]
Bevilles has a history of creating jewellery dating back to 1934. Leo Beville and his wife Rae began trading in Bourke Street, Melbourne as a homeware retailer selling products such as blankets, chests, chandeliers, saucepans and dinner sets.
1950's[edit]
In the early 1950's jewellery and diamond rings were introduced into the product line and Bevilles.
1970's[edit]
In the late 1970's, Leo's son Keith and his wife Deirdre further expanded the business and opened a store at Knox City.
1990's[edit]
Since the late 1990’s Keith and Deirdre’s children, Michelle and Gary further expanded the business
2010's[edit]
In January 2013 six stores in Victoria – Doncaster, Greensborough, Southland and Moorabbin DFO – and one store in South Australia – Elizabeth and Marion were slated to close but only one store (Moorabbin DFO, Victoria) was successful in breaking its lease[2]
In April of 2014 Bevilles entered voluntary administration[3] but announced one month later that the Bevilles family had reacquired the business.[4]
The first creditors meeting was to be held on May 11 2014[5]
In 2013 Bevilles began with the rollout of its new, smaller jewellery only format storeswhich were tested at Highpoint shopping centre in Melbourne, and Liverpool in Sydney.[6]
The company moved to a new head office on Coventry St, South Melbourne in 2014 after spending decades on Collins St, in Melbourne’s CBD[7]
In 2013 Indian jewellery company Tara Jewels formed a "strategic alliance" with Bevilles but in 2017 they acquire a 49 per cent stake in Bevilles with the Beville family retaining a 51 per cent stake. A statement was released explaining that the two companies made a "strategic alliance" in 2013; however, it was always intended that this would be converted into an “"equity partnership" when the timing was right.[8]
References[edit]
- ↑ Bevilles Family History Page, [1]
- ↑ https://www.smh.com.au/business/companies/bevilles-enters-voluntary-administration-20140402-35xcq.html
- ↑ https://www.smh.com.au/business/companies/bevilles-enters-voluntary-administration-20140402-35xcq.html
- ↑ https://www.jewellermagazine.com/Article/7594/Indian-company-to-acquire-stake-in-Bevilles-jewellers
- ↑ https://www.smh.com.au/business/companies/bevilles-enters-voluntary-administration-20140402-35xcq.html
- ↑ https://www.insideretail.com.au/news/new-era-bevilles-201409
- ↑ https://www.insideretail.com.au/news/new-era-bevilles-201409
- ↑ https://www.jewellermagazine.com/Article/7594/Indian-company-to-acquire-stake-in-Bevilles-jewellers
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