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Newgate (company)

From Wikipedia - Reading time: 5 min
Newgate
Company typePrivate
IndustryRetail
Founded1991
HeadquartersOswestry, Shropshire, UK
Key people
Jim Read (Managing director)
Chloe Read (Managing director)
ProductsClocks, watches
Number of employees
50
Websitehttps://www.newgateworld.com/

Newgate is a British clock and wristwatch manufacturing company headquartered in Oswestry, Shropshire.[1] It produces an assortment of clocks,[2][3] as well as designing and producing clocks for other brands.

Background

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Newgate was founded in 1991 by Jim and Chloe Read. [4] The name was inspired by the old New Gate Toll near their apartment and first home in Oswestry.

They were first seen at a trade exhibition at London's Alexandra Palace where orders for clocks were received from Harrods, dozens of home stores and several European distributors.

In the 1990s, 75% of the clocks produced were exported around the world. The clocks were all manufactured in the [[Oswestry]] factory until 2003 when production moved to Asia, for lower manufacturing costs and higher production capacities.[5]

Jones Clocks, a fushion brand, was made in 2005, and is a fashion clock brand. Its products are sold to supermarkets and large home and DIY centres.

In 2009, the company purchased a large ex-Laura Ashley factory in Oswestry that required refurbishment. This included new facilities, offices and showrooms; which were built in a classic style and furnished with original 1940s furniture. The building also houses Newgate's design studios and its collection of industrial and vintage clocks.[6]

In 2012, work started on a range of watches. The Newgate Watch collection took three years to come to fruition when a range of fifty watches was launched at the Spring Fair in Birmingham, in February 2015.[7][8][9] The UK watch trade publication WatchPro featured Newgate Watch founders Jim and Chloe Read in the Trailblazer category of the WatchPro Hot 100 of 2016.[10]

A portfolio of short films was made in 2015 to showcase each watch and clock family.[2]

Newgate watches are sold worldwide through distributors like iWorld.

References

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  1. ^ "NEWGATE CLOCKS LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2024-05-04.
  2. ^ a b "Video: Perfect timing as Shrewsbury stars in watchmaker's promotional film". www.shropshirestar.com. 14 September 2015. Retrieved 2019-07-17.
  3. ^ "Introducing Newgate Watches". Menswear Style. Retrieved 2019-07-17.
  4. ^ Ruth Corbett (11 June 2016). "Interiors: our party house". The Times. London.
  5. ^ "Clock firm restarts production". 2012-10-10. Retrieved 2019-07-17.
  6. ^ Graeme Brown (11 August 2009). "Help at hand for Newgate Clocks as they make big move". Birmingham Post. Retrieved 21 November 2018.
  7. ^ "Welcome". Spring Fair 2018. Retrieved 2019-07-17.
  8. ^ "The fashion edit: the top 10 watches – in pictures". The Guardian. 2015-11-20. ISSN 0261-3077. Retrieved 2019-07-17.
  9. ^ Team, Stylist (2016-01-25). "This week's Style List: from commute-friendly headphones to statement sneakers". Stylist. Retrieved 2019-07-17.
  10. ^ Corder, Rob (2016-07-05). "HOT 100 TRAILBLAZERS: Chloe & Jim Read, founders, Newgate Watches". WatchPro. Retrieved 2019-07-17.
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Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Newgate_(company)
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