Diamonds Factory to open European Hub in Dublin
Diamonds Factory has announced plans to open an operations office in Ireland to meet growing demand in the country, and to provide the company with a new European hub.
It comes after a large-scale expansion of the business in national markets, which saw Diamonds Factory see a boost in business growth of nearly five times in the past three years.
Ben Stinson, head of e-commerce at Diamonds Factory, said: “Globally, we are steadily approaching the £35- £40m mark this year.
“Diamonds Factory Ireland, in particular, had quite a rapid growth. We thought it [Ireland] would be an incremental contributing country, but it’s gone from a couple of hundred thousand to a million euro turnover within a year to 18 months.”
He added: “We’re actually going to have a hub in Ireland for the EU which will allow us to provide quicker service to our customers in terms of delivery and have a dedicated European service team, which is really exciting.
“Currently, we’re allowing customers to be able to afford what they want and receive it quickly, which I think is an unbeatable proposition.”