Ingle and Rhode go into liquidation
Ethical jewellery business Ingle and Rhode go into voluntary liquidation
Reading Time:
1 min {{readingTime}} mins
An ethical jewellery business Ingle and Rhode have announced they are preparing for voluntary liquidation as a result of rising costs and lower turnover.
Ingle and Rhode was formed in 2007 and traded from a site just off Oxford Street in the London and online.
A statement from the Director Tim Ingle said:
“It is with the heaviest of hearts that we took the decision that Ingle and Rhode should cease to trade. This decision was not made lightly, and we explored every avenue to try to keep the business going.
“However, in the end, the combined effects of the pandemic, inflation and the economic slowdown have proved too much despite our best efforts. First and foremost, we are deeply saddened for our staff, customers, suppliers and investors, all of whom have given us such fantastic support over many years.
“Nonetheless, we can all be proud of what we achieved together, including being one of the first jewellers in the world to offer certified Fairtrade gold, and one of the first jewellers to become a BCorp.
“Together we created a pioneering ethical fine jewellery brand that accelerated the adoption of ethical sourcing across the industry.”
Author:
Published:
