Laings has signed a 15-year lease to take over a landmark B-listed building in Scotland which is set to become the family-run jeweller’s new UK flagship location. A planning application submitted to Glasgow City Council highlights Laings’ proposal to revitalise Rowan House, a 19th century retail and office development on Glasgow’s Buchanan Street. The independent jeweller’s £5m investment plan will see significant updates made to the iconic 34,468 sq ft outlet space. Laings is now set to transform the full stone-built five-storey building at 68/70 Buchanan Street. With key elements of the expansion plan set to build on the workspaces for its growing team of craftspeople and enhance the overall retail experience, this contract signals the latest milestone in Laings’ multi-layer growth strategy as it builds on its legacy as a leading destination for luxury jewellery and watches.
Stuart McDowell, Managing Director of Laings, said: “Last year, we announced our multi-layer expansion plan to transform our showrooms and workshops across the UK, reimagining the customer experience while ensuring traditional jewellers’ crafts are kept alive for generations to come. The centrepiece of this investment plan is our new flagship showroom in Glasgow.”
Laings CEO, Joe Walsh, added: “As we continue to innovate with our jewellery and watchmaking retail experiences, we’re looking to bring innovation to every area of the business, while never forgetting the deep-rooted heritage of Laings. The Argyll Arcade has been an important part of our story and we’re committed to ensuring the success of the arcade continues.”
Building warrants for Rowan House are expected later this spring to allow Laings to get work underway, with the building set to open its doors later this year.