Pawnbroker, H&T, Redevelops 35 Stores Into Discount Secondhand Jewelry Concept Named Est1897. The group says its jewelry sales have grown in the previous months which led to the redevelopment of the stores. “ It is thought to be the first branded chain of pre-owned jewellery and watch shops to operate in the UK in recent times, with the decision made to roll out the Est1897 concept following successful pre-owned retail trial-runs in Manchester and across the North of England within existing H&T Pawnbroker high street branches.”
The group found that there is a large gap in the market for quality and good value jewelry. H&T is foreseeing a significant retail growth for the future and will be competing with the growing number of independent retailers who are adding pre-owned products to their offer as well.