Facebook - Birmingham Business Twitter - Birmingham Business Instagram - Birmingham Business
https://www.pulsecashflow.com

New business sparkles despite pandemic

A Birmingham-based jewellery business has opened a new store in the city’s famous Jewellery Quarter, following funding from Barclays.

Jewellery Quarter Diamonds has opened on Vyse Street in Birmingham.

The family business, which was established in 1968 as a jewellery manufacturer, opened their first store (Sonny’s Jewellers, also on Vyse Street) back in 2015, selling bespoke retail jewellery. Early in 2020, this new sister brand was born – a concept store that specialises in bespoke diamond designs.

Director Manish Jogia said: “We are delighted we have been able to continue with our expansion plans for the business and at the same time ensure that both our stores incorporate features to make our customers feel safe.

"Customers naturally want to touch and feel the pieces - but most importantly, they want to feel they are in a safe environment to do so and not be put off handling the jewellery. In the design for our new store, we have incorporated a customer hand-wash room and have glass dividers between consultation booths to ensure social distancing.”

Funding was provided by Barclays, and Diana Mais, business manager at Barclays in Birmingham, said: “I am delighted we have been able to support Jewellery Quarter Diamonds with their expansion plans. It’s a very difficult time for businesses across the board so to be helping a business to grow in this climate, is very rewarding. They are creating a number of local jobs too which has to be great news for the economy in Birmingham.”

The business has also benefitted from the Government’s CBIL scheme which it utilised to pay suppliers and incorporate safety measures into the store to enable customers to shop safely.

Call for crucial tax relief to stay

Social impact investor says levelling up commitment must be met

1st March 2021

Apprentices keep jobs throughout pandemic

Training specialist helps ensure 30 trainees retain positions

23rd June 2020

Launch for new private equity firm

Independent and owner-managed company will support Midlands businesses

18th March 2021

Biggest ever slump hits region's firms

Chamber report reveals extent of pandemic impact

16th June 2020

Residential developer giant acquires firm

Deal is company's first investment in the UK

8th September 2020

Barclays names new head of corporate banking

Expert will lead the Midlands team

4th August 2020

Business booms for digital studio

Firm enjoys busy times despite Coronavirus lockdown

8th September 2020

Advisers help seal investment deal

Vehicle safety specialists secure private equity backing

17th March 2020

Help where it's needed

Support measures in place for impacted customers

30th June 2020

Social enterprises could face hammer blow

Calls for vital scheme that encourages investment to be continued

9th June 2020

Solicitors assess firm's social impact

Advice on funding deals for new homes and 90 new charities set up

14th February 2020

Wholesaler secures funding boost

Cash will help with cashflow and create three new jobs

20th October 2020

Offices transformed for barristers and staff

Independent property specialists create whole new redesign

2nd October 2020

Business leaders pledge to work with Mayor

Partnership approach will help region get back on its feet

10th May 2021

Funding package helps young offenders

Pioneering initiative in Birmingham will help break the cycle of re-offending

21st January 2021