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Australia and New Zealand's second-largest buying group has announced the departure of its managing director.
Australia and New Zealand's second-largest buying group has announced the departure of its managing director.

Management exit at Showcase Jewellers

Australia and New Zealand's second-largest buying group, Showcase Jewellers, has announced managing director Carson Webb has left the business to pursue “other opportunities” after more than five years in the role.

Webb spent a total of 10 years at JIMACO – Showcase’s parent company – starting as operations manager in 2011.

Carson Webb, Showcase Jewellers
Carson Webb, Showcase Jewellers

He was appointed general manager of Showcase Jewellers, replacing Michael Mishevski, in 2015 and became the buying group’s managing director in August 2019.

Terrence Keoghan, chairman JIMACO, issued an email to suppliers today, saying, “I’d like to advise that Mr Carson Webb leaves the company this month to pursue new opportunities” and went on to “wish him well in his future endeavours.”

Showcase Jewellers' membership remained relatively stable under Webb’s tenure, despite challenging trading conditions; according to information supplied by Showcase, it shed just 19 members in five years, representing a fall of 11 per cent.

Webb had previously reported that the buying group’s membership did not decline in 2020 and successfully weathered the uncertainty and economic impacts of the COVID-19 pandemic.

"Showcase Jewellers' membership remained relatively stable under Webb’s tenure, despite challenging trading conditions; it shed just 19 members in five years, representing a fall of 11 per cent"

In a half-yearly financial statement published on 4 February, the buying group noted it expected to “deliver a higher than anticipated profit this financial year” and had recorded a 15 per cent increase in member purchases for the first six months of FY20-21.

Keoghan called the result “a great success for the member-owned group in its 40th year”, adding, “Our success is in no small part due to Showcase Jewellers’ strategic approach to reading the market and identifying the most promising opportunities for sales growth, then capitalising on our buying strengths to maximise profits for members.”

Jeweller attempted to contact Webb for comment and, even though Keoghan's email advised that he “leaves the company this month”, Webb's email had already been deactivated with an auto-reply advising of his immediate departure.

A successor has not been named.

More reading:
Buying Groups through the Pandemic - 2020 State of the Industry Report
New leadership for Showcase Jewellers

 

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