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Israel Diamond Exchange
Synthetics: Coming to a Bourse Near You?
The rise of lab-grown diamonds might finally be tricklingthrough to the historic heart of the trade: the diamond exchanges.It began last November, when Anoop Mehta, president ofMumbai’s Bharat Diamond Bourse (BDB), told Rapaport News...
Polished Markets May 14, 2019 Joshua Freedman
James Allen synthetic
Signet Enters Lab-Grown Market
James Allen has launched sales of lab-grown diamonds,marking parent company Signet Jewelers’ entry into the synthetics market. The e-commerce business, which Signet acquired in 2017,now gives consumers the option of “earth-created” or “lab-created” stones...
Retail May 05, 2019 Rapaport News
Signet
Signet Offers Employees Voluntary Exit Packages
Signet Jewelers is offering employees at its Ohioheadquarters benefits and assistance to leave the company voluntarily, in aneffort to reduce costs. The Voluntary Transition Program (VTP) is available tosupport-center and field team members at the district-manager level...
Retail Feb 25, 2019 Rapaport News
The Diamond Pro 150
AI Tool Helps Select Eye-Clean Diamonds
A consumer-advice website is using artificial intelligence to identify diamonds that appear clean to the naked eye.The Diamond Pro’s new tool, Ringo, helps customers make thebest diamond purchase based on their selected parameters, it said following...
Technology Jan 23, 2019 Rapaport News
Diamond Foundry
Diamond Foundry Hikes Output, Prices
Diamond Foundry is increasing its production more than tenfoldand raising wholesale prices 15%, as it predicts an uptick in demand forlab-grown diamonds. The company believes there is a shortage ofsynthetic-diamond supply while consumer interest in the product is rising....
Polished Markets Jan 09, 2019 Joshua Freedman
Personal Mission
Personalizing Can Give Stores an Edge
In the retail industry, “The customer is always right” haslong been the motto. This drive to please consumers means businesses areconstantly in search of new and inventive ways to make them happy. But where dothey start?...
Retail Jan 01, 2019 Leah Meirovich
James Allen
James Allen Opens Concept Store in DC
Signet Jewelers has launched a brick-and-mortar conceptstore for its e-commerce brand James Allen. The store, which opened on Friday in the Georgetown area ofWashington, DC, will feature an immersive gallery experience aimed at thebrand’s younger...
Retail Dec 10, 2018 Rapaport News
Signet results
Signet Loss Prompts Share Sell-Off
Signet Jewelers’ shares slumped 14% in early trading Thursday after the retailer reported a deeper loss, even as sales grew.The retailer’s net loss intensified to $38.1 million from $12.1 million a year ago due to higher...
Retail Dec 06, 2018 Rapaport News
Signet 150
E-Commerce Drives Signet Sales Jump
Signet Jewelers’ sales jumped in the first fiscal quarter,boosted by income from recent acquisition James Allen.Group sales grew 5.5% year on year to $1.48 billion in thethree months ending May 5, the retailer said Wednesday. Revenue...
Retail Jun 06, 2018 Rapaport News
Israel Bourse Launches Alibaba Partnership 150
Israel Bourse Strikes Deal with Alibaba
The Israel Diamond Exchange (IDE) will launch a partnershipwith Chinese e-commerce giant Alibaba Group, enabling traders to sell goods onlineto businesses and consumers in global markets.Some 150 bourse members have formed an online store...
Technology Jan 25, 2018 Joshua Freedman
Kay Jewelers Signet
Signet Cuts Forecast as Hurricanes Hurt Sales
Signet Jewelers’ sales fell in the third fiscal quarter dueto hurricanes in the US and disruptions related to changes in the retailer’scredit services.Group sales slipped 2.5% and same-store sales — at outletsopen for at least a year — dropped 5% in the...
Retail Nov 21, 2017 Rapaport News
James Allen ring
Signet Closes James Allen Takeover Deal
Signet Jewelers has completed its acquisition of R2Net, theowner of ecommerce site James Allen, saying it expects the deal to add $80million to $90 million to its revenue for the current fiscal year.Signet bought New York-based...
Technology Sep 13, 2017 Rapaport News
James Allen
James Allen Owner’s Tech Drove Signet Deal
Technological innovations by R2Net, including its diamond display, were a key reason for Signet Jewelers’ acquisition of the company, according to Signet chief financial officer Michele Santana.Signet and R2Net — which owns online jewelry retailer...
Retail Aug 28, 2017 Rapaport News
James Allen
Signet to Buy James Allen for $328M
Signet Jewelers will acquire the owner of online jewelryretailer James Allen for $328 million, the companies announced Thursday. Signet will purchase R2Net in an all-cash deal, takingcontrol of both JamesAllen.com and Segoma Imaging Technologies,...
Retail Aug 24, 2017 Rapaport News
CanadaMark 140
James Allen Links Up with CanadaMark
James Allen has become the exclusive online retailer ofCanadaMark diamonds, following a deal between the e-commerce site’s owner andCanada-based miner Dominion Diamond Corporation.All diamonds listed on James Allen under the Dominion-owned CanadaMarkbrand...
Retail Jun 05, 2017 Rapaport News
Israel internet room
Israel Bourse Launches Online-Sales Room
The Israel Diamond Exchange (IDE) has opened a wing dedicatedto internet marketing, with the aim of helping its members join e-commercewebsites and sell more diamonds online.The computer-equipped facility, located next to the tradingfloor,...
Technology May 18, 2017 Rapaport News
james allen
Equity Firm Buys Major Stake in James Allen
Online diamond retailer James Allen has received a $140 million equity investment from Francisco Partners.The investment gives the private-equity firm a near-50% stake in the NewYork-based R2Net, which owns James Allen, valuing the...
Retail Apr 09, 2017 Rapaport News
Ritani store partner
Online Jewelry’s Growth Restraint
U.S. online jewelry sales have increased rapidly in recent years, but observers note that thin profit margins and consumers’ reluctance to buy jewelry online have prevented the Internet from becoming a major sales...
Retail Feb 27, 2015 Ronen Shnidman
Oded Edelman
Millennials Spurring Online Diamond Sales Growth
R2Net is a company that has created an ecommerce platform dedicated to diamond jewelry, with a focus on selling to the U.S. market through its branded website James Allen. The company recently received its first external investment...
Retail Jan 16, 2015 Ronen Shnidman
james allen
James Allen Expands Omnichannel Strategy With Boutiques in Sears
Jeweler James Allen is partnering with Sears to provide an exclusive shop-in-shop experience at 16 Sears locations throughout New York, Maryland and Puerto Rico. The James Allen boutiques are located within Sears’ jewelry departments, with...
Technology Nov 10, 2014 Jeff Miller
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