Angus & Coote
| Company type | Public (formerly) |
|---|---|
| Industry | Jewellery retail |
| Founded | 1895 |
| Founder | Edmund James Coote |
| Fate | Acquired by James Pascoe Group in 2007 |
| Headquarters | Sydney , Australia |
Area served | Australia |
Key people | Antony Edmund Rundle Coote (final CEO from family) |
| Products | Jewellery |
| Parent | James Pascoe Group |
Angus & Coote is a jewellery retail chain originating from Sydney, Australia, established in 1895 and publicly traded on the Australian Securities Exchange starting in 1952. The company asserts its dominance in the Australian market for premium jewellery, managing approximately 300 outlets and holding a 20% share of the market as of early 2007.
In March 2007, the James Pascoe Group (JPG) finalized a takeover valued at A$76 million for Angus & Coote. This acquisition included additional brands such as Amies in Queensland, Dunklings in Victoria, and Edments across South Australia and Western Australia—all of which were rebranded under the Angus & Coote name by the end of 2008—alongside Goldmark. Both Goldmark and Edments were components of Prouds The Jewellers, which JPG had acquired in 1996 together with the primary Prouds brand. Subsequently, JPG incorporated Goldmark as a kiosk-style store-within-a-store concept inside selected Farmer stores.
The Coote family maintained ownership of Angus & Coote for over a century, spanning 112 years, during which time it became a well-known Australian brand. The founder, Edmund James Coote, whose net worth was estimated at $2 billion, passed the enterprise to his son Roy Rundle Coote. Antony Edmund Rundle Coote, serving as the final CEO from the family line, oversaw significant growth between the 1970s and 1990s before ultimately selling the company for $77 million.