Season 4 Episode 89
Introducing Simon Walton, Managing Director of Berry's Jewellers. We discuss the history of Berry's, the challenges and advantages of running a family business and the expansion of their stores. Simon shares insights into the luxury watch and jewellery industry, including the importance of building relationships with brands and the unique challenges of selling high-value items, including the dangers of robbery. The conversation also touches on the impact of online shopping and the strategies Berry's employs to create an exceptional in-store experience.
If you're looking for a business and entrepreneurship podcast that will inspire, motivate and educate you, through the personal business journeys and entrepreneurial lessons learnt of Leeds business owners then this is the podcast for you.
INTRODUCING SIMON WALTON
Simon Walton is Managing Director of Berrys, a 5th generation family jewellers. Currently with 13 stores, Berrys is one of the largest independent watch and jewelry businesses in the U.K.
Berrys recently opened the only Patek Philippe boutique outside of London in Leeds.
Simon is married with 3 kids, a fanatical Leeds Rhinos fan and keen road cyclist.
EPISODE HIGHLIGHTS
[00:00:00] Introducing Berrys Jewellers
[00:03:30] Navigating family dynamics in the business
[00:06:00] Expansion through opportunity
[00:10:00] the cash-intensive nature of the jewellery industry
[00:13:00] The security challenges
[00:16:00] Retail expansion when the High Street is dying
[00:19:00] Building luxurious shops and selling luxury products
[00:30:00] My brilliant business idea
[00:32:00] The future of Berrys
3 KEY TAKEAWAYS & BUSINESS LEARNINGS
• people by from people when they have confidence that they know what they're talking about
• people want the experience of shopping on the high street
• When selling luxury brands, the brand is bigger than your business
3 MOMENTS TO LOOK OUT FOR
“Over a 10 year period we opened one store a year"
“there's always a very good armed police presence in Leeds"
“I sold a Patek Phillipe for two and a half million pounds"
VALUABLE RESOURCES FOR YOU
Website: www.leedsbusinesspodcast.com
LinkedIn - https://www.linkedin.com/company/leeds-business-podcast/
Work with Phil - www.philfraser.co.uk
Website: https://www.berrysjewellers.co.uk/
LinkedIn: https://www.linkedin.com/company/berrys-jewellers/
Shout out: https://www.green-room.com/
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Published on 11 hours ago
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