Loupe, part of Beaverbrooks group, is set to acquire H. L. Brown’s Sheffield flagship showroom at the end of June 2026.
The 165-year-old business will continue to operate from its Doncaster location and through its online platform.
The acquisition marks the fourth boutique for Loupe, which also operates showrooms in Milton Keynes, Croydon, and Preston.
The Sheffield site will close for refurbishment on 28 June and is scheduled to reopen in the summer as a Loupe boutique and official Rolex retailer.
Loupe will introduce its own collections of fine jewellery and diamonds to the showroom alongside its luxury watch portfolio.
The Beaverbrooks Group, which has a 107-year history, stated the investment forms part of its ongoing expansion in the luxury sector.
The retailer is holding a sale with discounts of up to 40% at the Sheffield branch during May and June to mark the change in ownership.
L. Brown was founded in 1861 and also maintains sister brands Barbara Cattle in York and James Usher in Lincoln.
James Frampton, managing director of H. L. Brown, said: “H. L. Brown has been at the heart of Sheffield for 165 years, and leaving Barker’s Pool is not something we do lightly. We know we’re leaving the showroom in good hands, and that the relationships we have built with our customers over the last four decades will continue.”
Anna Blackburn, managing director of the Beaverbrooks Group, added: “This investment marks an exciting milestone, building on over 107 years of passion, experience and expertise as we open our fourth Loupe boutique and continue the legacy that H. L. Brown started in 1861. We look forward to continuing to deliver the best-in-class service the H. L. Brown brand is renowned for.
“Loupe brings a fresh approach to the luxury sector. The name itself signifies the magnifying glass used by jewellers and watchmakers, chosen to break conventions and be memorable. It represents the concept of looking through a portal into an exciting new world.”
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