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Mappin & Webb

Mappin & Webb, the luxury jeweller, is considering plans to relocate its head office and up to 52 jobs from London's Regent Street to sister company Goldsmiths in Leicester.

Mappin & Webb, the chain of 32 jewellery stores, is expected to be acquired by Baugur, the Icelandic owner of the Goldsmiths chain, for £20m.

Mappin & Webb is to set up a flagship jewellery store on New Bond Street in London.

Mappin & Webb's parent company is planning to set up a chain of 60 Watches 24 watch boutiques over the next five years.

Mappin & Webb is to acquire Robertsons, the London-based pawnbroker, for about £1m.

Mappin & Webb, the upmarket jeweller, is to open a 4,500 sq ft flagship store in London's Old Broad Street in February 2003.