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Asprey & Garrard has raised £55m from the sale and leaseback of its Bond Street store in London, in order to fund the international expansion of its luxury goods business. 18-Apr-2005 Asprey & Garrard has secured an undisclosed equity investment from Morgan Stanley to fund the international expansion of its jewellery retailing business. 03-Feb-2004 Asprey & Garrard is to invest £137m in the international expansion of its luxury goods retailing business over the next five years, opening 10-15 Asprey stores and two Garrard stores. 27-Jun-2002 Asprey & Garrard is planning to open 20 new Asprey stores over the next five years, and the flagship stores in London and New York will be refurbished at a cost of £39m. 05-Sep-2001 Asprey & Garrard, the upmarket jeweller, is to split into two separate trading companies, just two years after the two brands were brought together. 03-Oct-2000 Asprey & Garrard, the upmarket jeweller, has been acquired by the co-chairmen of US fashion group Tommy Hilfiger for undisclosed terms, and they plan to open more stores. 06-Jul-2000 Asprey & Garrard is to shed 50 jobs in order to reduce losses, and the business will focus on jewellery, silver, leather and corporate gifts. 10-Feb-2000 Asprey & Garrard has sold the Mappin & Webb and Watches of Switzerland chains to a management team for undisclosed terms, as part of a strategy to dispose of non-core businesses. 24-Dec-1998 Asprey Group has sold Hamilton & Inches, the Scottish jeweller, to management. 18-Aug-1998 Asprey is to merge with Garrard to create a single luxury jewellery brand called Asprey & Garrard, while other parts of the Asprey retailing business will be sold off to raise up to £100m. 24-Jun-1998 Asprey is considering plans to sell off its Watches of Switzerland and Mappin and Webb shops, in response to falling sales in its upmarket jewellery business. 19-Jun-1998 Asprey, the jeweller, is planning to expand in north America and the Asia-Pacific, and is sponsoring the Ferrari Formula 1 racing team. 02-Mar-1996 A brother of the Sultan of Brunei has made a £243m bid for Asprey the jeweller. 04-Nov-1995
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