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Signet Kay Jewelers 150
Signet Implements More Job Cuts
Signet Jewelers is laying off an undisclosed number of employeesfrom its Ohio and Dallas locations, after it failed to find enough interest ina voluntary exit package it offered workers. The cuts are part of a cost-saving effort the...
Retail Apr 22, 2019 Rapaport News
RJC
RJC Appoints Executive Director
The Responsible Jewellery Council (RJC) has named IrisVan der Veken executive director, the first woman to hold the position. She replaces Andrew Bone, who left the organization in March.“[Van der Veken] is a strong,...
Polished Markets Apr 10, 2019 Rapaport News
Signet
Signet to Shut Dallas Production Site
More than 100 Signet Jewelers employees will lose their jobsamid the closing of the company’s Texas-based manufacturing facility. The closure is part of a long-term effort by the Zales,Jared and Kay owner to cut costs and...
Retail Apr 02, 2019 Rapaport News
Alex and Ani Sterling
Sterling, Alex and Ani Settle Dispute
Sterling Jewelers has reached a mutually agreeable settlementwith Alex and Ani after a yearlong dispute over a supply deal. Judge Sara Lioi dismissed the case without prejudice,according to a February 14 motion Sterling, a division of Signet Jewelers,...
Retail Feb 27, 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
Zales lawsuit
Zales Faces Suit over Jewelry Repair Plan
Zales Jewelers is embroiled in a dispute with a customerover whether the repair program that came with his diamond ring covered thesetting, or just the stone. Gordon Henry Lovette has sued the Signet Jewelers-owned retailer,claiming...
Financial-Legal Dec 11, 2018 Leah Meirovich
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
kay
Judge Orders Signet to Face Fraud Lawsuit
Signet Jewelers will have to answer allegations of security fraud after a US district-court judge rejected the company’s appeal against a pending lawsuit.The owner of Kay Jewelers and Zales had asked the court to dismiss a claim by the...
Financial-Legal Nov 29, 2018 Rapaport News
Signet gold mining
Signet Offers First ‘Conflict-Free’ DRC Gold
The Democratic Republic of Congo (DRC) has exportedconflict-free artisanal gold to the US jewelry market for the first time,according to groups involved in the project. The metal from the South Kivu province has gone on sale...
Mining Oct 28, 2018 Rapaport News
JA 600
Three People Join JA Board
Jewelers of America (JA) has elected three seniorindustry members to its board, the US trade organization said last week. The new directors are Chad Berg, co-owner and vicepresident of Lee Michaels Fine Jewelry (pictured,...
Retail Jul 24, 2018 Rapaport News
RJC
Signet, Alrosa Execs Join RJC Leadership
The Responsible Jewellery Council (RJC) has named threesenior figures from the trade to positions on its board. The new officers — appointed at the RJC’s annual generalmeeting in Moscow last week — include David Bouffard, vice...
Polished Markets May 22, 2018 Rapaport News
Stephen Lussier
Forevermark Chief to Get Top AGS Honor
The American Gem Society (AGS) will honor three industryleaders at its Circle of Distinction dinner, it said last week. Stephen Lussier (pictured), CEO of De Beers’ Forevermark brand, will receivethe Lifetime Achievement Award. Lussier has...
Polished Markets May 22, 2018 Rapaport News
Jewelers Respond to NGO’s Claims
Jewelers Hit Back at Human Rights Watch
Jewelers dismissed a Human Rights Watch (HRW) report which claimed companies and the Responsible Jewellery Council (RJC) did not provide sufficient ethical sourcing guarantees.“We have reviewed the Human Rights Watch report...
Retail Feb 14, 2018 Leah Meirovich
Zales 150
Jeweler Sues Zales over Google Results
A jeweler in Idaho has sued Zales, claiming the retailerused its name in online advertisements to redirect customers to zales.com.During the November 2016 Black Friday season, Googlesearches for Jensen Jewelers returned a paid result at the top...
Retail Feb 05, 2018 Rapaport News
Signet Shakes Up Internal Structure 150
Signet Shakes Up Internal Structure
Signet will implement a new organizational structurecomprising two separate reporting lines that will both answer topresident and chief customer officer Seb Hobbs (pictured). The move is intended to strengthen Signet’s efforts to“drive profitable...
Retail Jan 24, 2018 Rapaport News
Synthetic Diamond
DPA, Signet, De Beers Working on ‘Project Assure’
Signet Jewelers unveiled further details of an initiative totest synthetic-diamond detectors, a project spearheaded by theDiamond Producers Association (DPA).The DPA, which carries out generic marketing on behalf ofthe industry, has launched “Project Assure” to design and...
Technology Apr 09, 2017 Joshua Freedman
synthetic
Signet, DPA Setting Synthetics Detection Criteria
Signet Jewelers is working with the Diamond ProducersAssociation (DPA) and product-testing firm UL on an initiative to establish qualitycriteria for equipment that detects synthetics, the jeweler said.The project with UL, formerly Underwriters Laboratories –and not...
Retail Apr 06, 2017 Joshua Freedman
bouffard
JVC Honors Bouffard With Stanley Schechter Award
The Jewelers Vigilance Committee (JVC) honored David Bouffard, the vice president of corporate affairs for Signet Jewelers Ltd., with the Stanley Schechter Award earlier this month. Recipients of JVC’s Stanley Schechter Award...
Marketing Jan 16, 2015 Jeff Miller
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