Spence Diamonds
| File:Spence Diamonds logo.png | |
| Private | |
| ISIN | 🆔 |
| Industry | Retail |
| Founded 📆 | 1978 |
| Founder 👔 | |
| Headquarters 🏙️ | Vancouver, British Columbia |
Number of locations | 8 |
Area served 🗺️ | |
Key people | Eric Lindberg (Executive Chairman) |
| Products 📟 | Diamond jewellery |
| Owner | Lion Capital LLP |
| Members | |
Number of employees | |
| 🌐 Website | spencediamonds |
| 📇 Address | |
| 📞 telephone | |
Spence Diamonds is a Canadian retailer of diamond jewellery owned by the British firm Lion Capital. It was founded in Vancouver in 1978. As of September 2021, the chain operated eight locations across 3 Canadian provinces.
History
The company purchased three stores in Houston in 2009, but sold them and ceased U.S. operations in early 2011 before re-entering the American market a few years later.[1]
In April 2015, Lion Capital acquired Spence Diamonds in a $125 million deal.[2]
Eric Lindberg, the company's chairman, announced plans to expand Spence Diamonds to over 40 locations in North America during a July 2018 interview with Retail Insider.[3]
References
- ↑ Wollam, Allison (14 January 2011). "Robbins Bros. buys back stores in Houston, Spence Diamonds exits - Houston Business Journal". Houston Business Journal. Retrieved 2019-07-04.
- ↑ Primack, Dan (8 April 2015). "Lion Capital buying Canada's Spence Diamonds". Fortune. Retrieved 20 July 2018.
- ↑ Toneguzzi, Mario (11 July 2018). "Spence Diamonds Plans Aggressive Expansion Across North America". Retail Insider. Retrieved 20 July 2018.
External links
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