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Sterling Jared Store 150
Sterling Fights Back Against Alex and Ani
Sterling Jewelers has responded toAlex and Ani’s countersuit against the retailer, claiming its sparring partner breached a contract between the companies. The jewelry retail giant has highlighted nine points itbelieves makes...
Retail Mar 12, 2018 Rapaport News
Alex and Ani Files Counterclaims Against Sterling
Alex and Ani Returns Sterling’s Volley
Alex and Anihas filed a countersuit against Sterling Jewelers, claiming the retailer breached a supply agreement between the two companies, according to court filings.In August 2015, the companies entered into anagreement whereby Sterling...
Retail Feb 12, 2018 Rapaport News
Jared 150
Sterling Sues Alex and Ani over Supply Deal
Sterling Jewelers has sued Alex and Ani for more than $2million over a supply deal that resulted in a dispute over inventory returns,court filings show.The two companies entered into an agreement in August 2015under which...
Retail Jan 11, 2018 Rapaport News
kay
Woes Continue for Signet as Sales Slide
Signet Jewelers’ sales dived in the first fiscal quarter amidnegative publicity and a sluggish retail sector.Group sales fell 11% to $1.4 billion in the three monthsthat ended April 29, while same-store sales dropped 11.5%,...
Retail May 25, 2017 Rapaport News
kay
Signet Cautious for 2017 as Sales Decline
Signet Jewelers expects same-store sales to decline in the coming year as it adjusts to competitive pricing in the jewelry sector and changing consumer behavior.The company predicts that fiscal 2018 same-store sales will decline by low-to-mid-single digits,...
Retail Mar 09, 2017 Rapaport News
Jewelry Prices
U.S. Jewelry Store Sales Slide
U.S. specialty jewelry store sales fell in July in line with declines reported by the major U.S. jewelers during the second quarter. Sales fell 2.2 percent to $2.1 billion across outlets selling only jewelry...
Retail Sep 22, 2016 Rapaport News
Signet Jewelers
Signet’s 4Q Revenue +5% on Strong Diamond Fashion Jewelry Sales
Signet Jewelers reported revenue rose 5.1 percent to $2.39billion in its fourth fiscal quarter on strong diamond fashion jewelry sales inthe Sterling Jewelers and Zale divisions.In the 13weeks to January 30, the average transaction...
Retail Mar 28, 2016 Rapaport News
Signet Jewelers
Signet Jewelers 3Q Earnings Miss Expectations
Signet Jewelers reported that third-quarter earnings were below expectations as sales were driven by lower-margin Kay stores and lower prices at Zales. Mark Light, Signet’s chief executive officer, noted that earnings were affected...
Retail Nov 24, 2015 Rapaport News
kay
Signet's Same-Store Sales +4% in 1Q
Signet Jewelers reported that sales rose 44.9 percent year on year to $1.531 billion in the first quarter that ended on May 2. The increase was driven by the addition of Zale, which added $437.1 million to Signet's...
Financial-Legal May 28, 2015 Jeff Miller
US Patent and Trademark Office logo
USPTO Assigns 'Diamonds In Rhythm' to Sterling Jewelers
The U.S. Patent & Trademark Office assigned the trademark "Diamonds In Rhythm" to Sterling Jewelers Inc., the U.S. subsidiary of Signet Jewelers Ltd., on October 14 with the registration number 4622350.Sterling Jewelers filed for the...
Manufacturing Oct 21, 2014 Jeff Miller
DEF
Signet Signs as Premier Presenting Sponsor of Diamonds in the Sky Gala
Press Release: Signet Jewelers Ltd. – the largest specialty jewelry retailer in the U.S. and U.K., trading primarily under the store brands of Kay Jewelers and Jared The Galleria Of Jewelry in the U.S. – will...
Marketing Feb 04, 2014 D.E.F.
jsa
Jewelers Security Alliance Awards Recognize Excellence
Press Release: On Saturday, January 11, 2014, the Jewelers’ Security Alliance (JSA) held its annual luncheon at the Harmonie Club. During the event, the board of directors of the JSA presented the Industry Service...
Research Jan 17, 2014 JSA
court
Sterling, Zale Reach Settlement in Diamond Advertising Lawsuit
Sterling Jewelers Inc. and Zale Corporation have agreed to resolve a lawsuit pending in the United States District Court for the Northern District of Ohio, named Sterling Jewelers Inc. versus Zale Corporation.The resolution will...
Financial-Legal Sep 08, 2013 Deena Taylor
US Patent and Trademark Office logo
USPTO Assigns Trademarks to Oz's Jewelers and Sterling
The U.S. Patent & Trademark Office (USPTO) awarded Oz's Jewelers Corporation of North Carolina the trademark ''Steal Her Heart'' with the registration number 4386612 on August 20, 2013. Oz's Jewelers filed for...
Financial-Legal Aug 28, 2013 Jeff Miller
Court
Judge Refers Sterling, Zale to Mediation
The U.S. District Court for the Northern District of Ohio referred Sterling Jewelers Inc. and Zale Corporation into mediation, or alternative dispute resolution (ADR), in a diamond advertising lawsuit. Sterling sued Zale in November alleging...
Financial-Legal Mar 29, 2013 Jeff Miller
court
Merit Diamond Resolves Case Against Sterling Jewelers, Uni-Creation
Press Release: Merit Diamond Corporation (Florida) has amicably resolved its lawsuit against Sterling Jewelers Inc. and Uni-Creation Inc., which was filed in the United States District Court for the Southern District...
Financial-Legal Aug 22, 2012 Merit Diamond
Crime
Kay Diamonds Owner to Pay Fines, Serve 200 Months in Prison
Richard Allen Kay of Zumbro Falls, Minnesota, was sentenced to 200 months in prison for conspiring to distribute more than 1,000 kilograms of marijuana, money laundering and transporting stolen diamonds. Kay, 39, did business in Minnesota...
Financial-Legal Jun 18, 2012 Jeff Miller
signet sm
Court Upholds Class Arbitration in Sterling Jewelers Case
The U.S. Supreme Court ruled that a group of women who contend they were denied equal pay and promotion by Sterling Jewelers Inc. can seek arbitration as a class in their gender discrimination claims against the...
Financial-Legal Mar 19, 2012 Jeff Miller
court
Jeweler Pleads Guilty to Money Laundering
Richard Allen Kay, 39, of Zumbro Falls, Minnesota, pleaded guilty to charges stemming from conspiring to distribute more than 1,000 kilograms of marijuana, money laundering and transporting stolen gemstones. Federal prosecutors contended that, Kay,...
Financial-Legal Feb 01, 2012 Ricci Dipshan
bob trabucco
Crain's Cleveland Names Trabucco CFO of the Year
Crain's Cleveland Business recognized Bob Trabucco, the chief financial officer (CFO) of Sterling Jewelers, as CFO of the Year for the medium-sized public company, retail category.Crain's CFO of the Year Awards honor top financial...
Marketing Oct 28, 2011 Jeff Miller
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