Angus & Coote

Angus & Coote
Industry Retailing
Founded 1895 (1895)
Headquarters Sydney, Australia
Area served
 Sydney
Brisbane
Melbourne
Perth
Products Jewellery
Website www.anguscoote.com.au

Angus & Coote was founded in Sydney, Australia in 1895 and listed on the ASX in 1952.[1] The retailer claims to be a leader in Australia for high quality jewellery,[2] with its 300 stores having a 20% market share as of early 2007.[3]

In March 2007, James Pascoe Group successfully completed a $A76m ($NZ87m) takeover bid[4] of the loss-making family-owned jewellery group,[3] including brands Amies in Queensland, Dunklings in Victoria and Edments in South Australia and Western Australia (all completely rebranded to Angus & Coote after November 2008)[2] and Goldmark. The Goldmark and Edments brands were part of Prouds The Jewellers, with Angus & Coote acquiring them in 1996 when JPG purchased the main Prouds brand.[3] At the time of the purchase, David Norman suggested one or more of newly acquired Angus & Coote brands could be launched in New Zealand. Goldmark is now included as a store-within-a-store at kiosks in selected Farmers stores.

References

  1. ↑ Hendron, Joe (25 November 2006). "Big picture gives the best perspective". National Distribution Union. Retrieved 28 April 2013.
  2. 1 2 "Angus & Coote: About Us". Retrieved 18 August 2013.
  3. 1 2 3 Hendron, Joe (10 March 2007). "Pascoe's golden century". National Distribution Union. Retrieved 28 April 2013.
  4. ↑ Hendron, Joe (20 December 2006). "Pascoe persists". National Distribution Union. Retrieved 28 April 2013.

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