Just a few short years ago, Thomas Sabo was busy expanding its Canadian operations. Now, the Germany-based jewellery and watch brand confirmed on Monday it is shuttering all stores in the country.
What nationality is Thomas Sabo?
German
Thomas Sabo GmbH & Co. KG is a German manufacturer of jewellery and watches. It was founded in 1984 in Lauf an der Pegnitz, Germany by Thomas Sabo. The company engages in designing, manufacturing, and distributing jewellery and watches.
What has happened to Thomas Sabo?
Thomas Sabo has confirmed plans to reduce its store portfolio under a company voluntary agreement. The fashion jewellery brand has become the latest retail business to look at a CVA to cut costs amid difficult trading conditions. If approved, Thomas Sabo is likely to close five underperforming stores.
Where is Thomas Sabo made?
Germany
Where it all happens. It is at the international company headquarters in Lauf an der Pegnitz where everything comes together. This small town in the Franconian region of Germany has – with its around 500 employees – been home to the THOMAS SABO Group since it was established.
Is Thomas Sabo well known?
1984 – THOMAS SABO is founded by Thomas Sabo. 1990 – By the end of the 1980s, THOMAS SABO has developed into one of the most successful brands for innovative silver jewellery in the German-speaking world. THOMAS SABO is now renowned for its Sterling Silver Collection.
Where is Thomas Sabo jewellery manufactured?
Asia
Young entrepreneur Thomas Sabo enters the silver jewellery market with his own business. He has his designs manufactured in Asia and sells them to selected traders at specialist fairs.
Where is THOMAS SABO made?
How many THOMAS SABO stores are there?
We operate more than 190 exclusive THOMAS SABO Retail sales spaces throughout the world (status: 2021).
