Member Article
Manchester based pawnbroker invests £100k in vintage venture
Manchester pawnbroker and jewellers, Mays, has invested £100k to set up a new business, William May offering vintage and pre-loved jewellery items.
The project comes as the pre-loved market continues to grow, particularly within the fashion industry.
The company is set to turnover £300k in its first year.
William May carefully hand-picks the jewellery many of which are one-offs.
Pre-loved items are valued by William May’s specialists, ensuring that each piece is listed at the best possible price on the market.
The valuations also certify the quality and authenticity of each item.
Managing director, Nick Withington said: “We’re excited to finally be able to launch our new website which gives customers the chance to pick up one-off items.
“We spotted a gap in the market for high quality investment pieces which are a fraction of the normal price and decided to launch William May to capitalise on the huge market potential.
“As the business grows, we aim to continue to add more items to our range and expand our core customer base.”
This was posted in Bdaily's Members' News section by Sophia Taha .