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Signet Jared James Allen store 150
Signet to Co-Brand Jared and James Allen
Signet Jewelers will offer James Allen products in nearly half of its Jared stores through a new, dual-branded model.The Jared + James Allen locations are part of the jeweler’s efforts to reposition Jared as a more exclusive, luxurious...
Retail Nov 03, 2020 Leah Meirovich
James Allen
Signet to Expand James Allen In-Store Format
Signet Jewelers plans to have James Allen e-commerce displays in 80 of its Jared locations this holiday season following a successful trial of the store-in-store concept. “Given positive sales results and strong traffic gains, we plan to expand...
Retail Sep 08, 2020 Rapaport News
Signet
Signet Loss Deepens Amid Covid-19 Closures
Signet Jewelers’ net loss increased to $190 million in the first fiscal quarter as the company closed all its stores for most of the period.That figure compares with a loss of $10 million during the same...
Retail Jun 09, 2020 Rapaport News
Signet furloughs
Signet Temporarily Lays Off Workers
Signet Jewelers has furloughed a number of its employees to cut costs and ensure the long-term sustainability of its business.“Due to the unprecedented impact of COVID-19 and the closure of our stores, we have moved quickly to proactively reduce...
Retail Apr 01, 2020 Rapaport News
Signet
Signet Settles Shareholder Suit for $240M
Signet Jewelers has agreed to a $240 million settlement relating to a lawsuit filed by shareholders. The suit claims the company misled investors regarding allegations of sexual discrimination against its executives and the health of its credit...
Retail Mar 31, 2020 Rapaport News
Zales store in Wesley Chapel, Florida
Strong Holiday Lifts Signet to 4Q Profit
Signet Jewelers returned to profit in the fourth fiscal quarter and recorded growth in same-store sales, as the company’s turnaround plan appeared to be working before the coronavirus crisis hit.The retailer reported net income of $187.1 million...
Retail Mar 26, 2020 Rapaport News
Kay Jewelers store Bethesda
Signet Closing All Stores in US, Canada
Signet Jewelers is shutting all its stores in North America due to the coronavirus, a company spokesperson confirmed with Rapaport News.The temporary closure goes into effect at the close of business on Sunday, the spokesperson said. It applies...
Retail Mar 22, 2020 Joshua Freedman
IDWI
Israel Diamond Week Lifts Local Trade
The International Diamond Week in Israel (IDWI) closed Wednesday with participants noting steady trading among local dealers in the absence of Chinese buyers.Delegations from China and Hong Kong were scheduled to attend the three-day...
Marketing Feb 13, 2020 Rapaport News
Signet when you come back
Signet Expands Lab-Grown Diamond Offering
Signet Jewelers is now offering jewelry featuring synthetic diamonds and gemstones at all of its major US banners, after asuccessful pilot in limited locations. “Lab-created diamonds are available in both fashion and bridaljewelry at James Allen, Kay,...
Retail Dec 16, 2019 Rapaport News
Signet
Signet Increases Lab-Grown Footprint
Signet Jewelers has takenfurther steps into the synthetics market, launching lab-grown diamonds at itsKay and Jared brands. The move has commenced witha trial in five Kay stores.In addition, Signet has started selling...
Retail Oct 23, 2019 Rapaport News
Signet Jared box 150
Signet Adjusts Outlook as Sales Decline
Signet Jewelers has modified its full-year sales guidance forthe second time, following a drop in revenue in the three months ending August 3.Group sales fell 3.9% to $1.36 billion in the second fiscal quarter, the...
Retail Sep 05, 2019 Rapaport News
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
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