Newgate (company)
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| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | 1991 |
| Headquarters | Oswestry, Shropshire, UK |
Key people | Jim Read (Managing director) Chloe Read (Managing director) |
| Products | Clocks, watches |
Number of employees | 50 |
| Website | https://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
[edit]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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