Galaxy and Co Sasolburg
Galaxy & Co today is the largest independent jewellery retail chain in Southern Africa with a national footprint of 80 stores situated in every major shopping centre and high street location throughout the country with 3 stores in Namibia. The Namibia stores are held by a wholly owned subsidiary of Galaxy in the form of Galaxy Jewellers Africa (Pty) Limited. Galaxy specialises in selling quality fine jewellery, predominantly in the diamond ring categories, supported by contemporary ranges of gold and silver jewellery and international watch brands. The styling is modern, up to date and inspirational, yet pieces are reasonably priced. Galaxy’s products are of an international standard and a dedicated quality control protocol exists to ensure consistent quality is delivered. All gold is carat assayed and checked and all gems are to European Gemological Society (“E.G.L”) standards. Galaxy is a member, and upholds the values of, the Jewellery Council of South Africa (“JCSA”). Galaxy also complies with the requirements of the Kimberley Process, aimed at ensuring that all diamonds have been purchased from legitimate sources not involved in funding of conflict, in compliance with the relevant United Nations Resolutions. Each store site is carefully selected with the basic “envelope” being 60m2 with approximately 8 meters of shop front in an “A” trading position in the centre. Galaxy caters for the mid to upper socio-economic market, thereby targeting individuals in LSM 6 to 10 which makes up around 40 to 45% of the South African population. The brand positioning is one of “connecting you to those you love, always. Other key strengths include a value mentality, a well positioned logistics and distribution operation and the ability to create a price differential below their competitive set. All of the above positions Galaxy as a serious competitor in the South African retail and consumer jewellery market, dominated by 4 players.The other companies operating in this space are American Swiss, Sterns and NWJ. All these players have been operating in the South African market for at least 50 years and high barriers to entry have prevented any new entrants.Our Products Include:Plain & White Gold, Eternity Rings, Pearls, Bridal, Solitaitres, Two-tone, Tanzanite, Colour Stones, Sliver, Modern Men & Watches.
Listing Details
Shop 23 Sasolburg Plaza, John Vorster Ave,Sasolburg 1947, Free State, South Africa
(016) 9731511
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