Earlier this year, company director Jason St Pierre met with heads of London DE, a fine jewellery, gold and gems trading company to discuss their projections and new fundraising project.
Located in the heart of Hatton Garden, London’s famous jewellery district. London DE is the UK’s leading supplier of certified diamonds, emeralds, rubies, sapphires, and other gemstones.
Philip Spencer founded London DE in 2013. His vision was to build an ethical and sustainable business inspired by his love for gemstones and jewellery. Since then, London DE has expanded internationally and built a trusted network of third-party delivery partners.
In discussion with Phil, he explained how the company had grown and expanded over the last 11 years, further developing offices in the UK, Columbia and the UAE.
“In 2020, we opened our Colombian subsidiary, London DE SAS, in the heart of the emerald district of Bogota. Having a presence in Bogata allows us to ensure we buy our stones and materials from the top of the supply chain and always know the exact source of our materials. This approach promotes transparency in our mine-to-market chain and cuts out any middlemen.”
“In January 2022, we opened our DMCC (Dubai Multi-Commodities Centre) office in the United Arab Emirates, giving us direct access to one of the fastest-growing luxury retail markets in the world.
Building on our unique relationships within the industry, we deliver gemstones and jewellery at a price well below that of traditional high-street retailers. We work exclusively with a small circle of trusted suppliers with whom we have long-standing relationships. Each piece we create is unique, hand-made and never replicated. In addition to our bespoke pieces, we offer a curated range of ready-to-wear jewellery.”
Over the last ten years, London DE have built up several connections across the gold industry to provide investors with a 360-degree, turn-key process of mining and refining pure gold bullion bars and coins.
The company have positioned themselves with multiple key suppliers worldwide, ensuring there is a constant supply of attainable gold which they have managed to purchase for up to -6% discount below LBMA Spot Price.
Having previously undertaken successful seed funding, LDE is now looking to raise further finance to enhance its position in the market by increasing its bulk purchasing of gold for both B2B and B2C.
As a result Clarion is proud to be working with London DE in order to further their extended fundraising goals.