Garrard & Co. Ltd.

Garrard & Co. Ltd. is a luxury fine jewellery company known for its exquisite engagement rings, bespoke pieces, and notable clientele, including members of the Royal Family. The company operates globally, catering to clients celebrating significant life events.

Founded in 1735 in London, UK, Garrard & Co. Ltd. specializes in luxury fine jewellery. In March 2006, Yucaipa Companies acquired Garrard from Asprey London Limited.

The company has maintained its focus on high-end offerings without significant pivots in its business strategy. Garrard specializes in luxury fine jewellery, offering a range of products that include engagement rings, wedding bands, necklaces, earrings, bracelets, and bespoke pieces. Their collections are designed to celebrate significant life events, featuring exquisite gemstones and diamonds. The company also provides a fine jewellery rental service for exclusive items, such as tiaras, catering to clients for special occasions.

Garrard serves global markets, including North America, Europe, and Asia, where demand for luxury jewellery is strong. In the most recent financial year of 2023, Garrard & Co. Ltd. reported revenue of USD 12.

51 mn and an EBITDA of USD 2. 66 mn. The company's revenue model relies on direct-to-consumer sales of high-end jewellery through retail boutiques and an online presence, focusing on luxury and bespoke items. With plans to expand its product offerings, Garrard is designing new lines of bespoke jewellery set to launch in late 2024.

The company aims to penetrate emerging markets in Asia and the Middle East by 2025, leveraging the growing demand for luxury items in these regions. The recent acquisition by Yucaipa Companies will support these initiatives, focusing on enhancing product development and market entry strategies.