Guernsey store for stamp giant

- Advertisement -

But although the AIM-listed company is registered in Jersey, the new shop will be in St Peter Port, mainly because of Jersey’s restrictions on property purchase, says Mike Hall, the company’s chief executive.

Mr Hall, who attended the annual general meeting at the Pomme d’Or last week, will be moving to Guernsey with his family to head the new venture.

And he promises that if it is as successful as the latest figures promise it will be, more shops could be opened in Jersey, the Isle of Man, and other finance centres such as Dublin.

In the past five years Stanley Gibbons – and investment in stamps as a whole – has seen a phenomenal surge in popularity.

The latest trading statement, issued last week, shows a further rise of 48% in turnover for the first quarter of this year.

Last year alone the company’s website received two million new visitors.

- Advertisement -
- Advertisement -
- Advertisement -

Latest Stories

- Advertisement -

UK News

- Advertisement -
- Advertisement -

Read the latest free supplements

Read the Town Crier, Le Rocher and a whole host of other subjects like mortgage advice, business, cycling, travel and property.