Spence Diamonds


Spence Diamonds is a Canadian retailer of diamond jewellery owned by the British firm Lion Capital. It was founded in Vancouver in 1978. As of July 2018, the chain operated ten locations across 3 Canadian provinces and 3 US states.

History

The company purchased three stores in Houston in 2009, but sold them and ceased U.S. operations in early 2011 before re-entering the American market a few years later.
In April 2015, Lion Capital acquired Spence Diamonds in a $125 million deal.
Eric Lindberg, the company's chairman, announced plans to expand Spence Diamonds to over 40 locations in North America during a July 2018 interview with Retail Insider.