Abbeycrest launches search for FD gem
Jewellery designer sees its FD resign and begins recruitment of replacement
JEWELLERY designers and manufacturers has launched a recruitment drive after finance director Simon Lazenby resigned with a departure date set for the end of December. Here will have been in post just over a year.
Abbeycrest reported a loss of £3m for the year ending February 2011, against profit the previous year of £1.6m.
In July the company was reported needing extended banking facilities because of rising prices in gold and precious metals.
Abbeycrests share price has been on general downward trend since the beginning of the year. It peaked in January at 390p, troughed at 87p in July and has since risen to around 162p.
Lazenby joined the business in September last year from the Christy Group, suppliers of children’s costumes. He was formerly financial controller at Abbeycrest between 2005 and 2009.