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Signet Settles Shareholder Suit for $240M
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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...
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Retail
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Mar 31, 2020
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Rapaport News
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Signet Launches First Spanish-Language Ads
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Signet Jewelers has introduced its first foreign-language advertising campaigns in the US market, targeting the growing number of Hispanic millennials expected to marry in the coming years.“They are a big customer group, and getting a lot bigger...
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Retail
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Feb 20, 2020
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Leah Meirovich
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Signet Names New UK Managing Director
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Signet Jewelers has appointed Neil Old as managing directorof its UK operations, where he will lead the team in implementing the Path toBrilliance program. Old, who will oversee the company’s British businessesincluding H. Samuel and...
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Retail
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Sep 10, 2019
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Rapaport News
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Weak Holidays Dampen Signet’s Year
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Sales at Signet Jewelers fell last year as demand tailed off during a disappointing holiday season. Same-store sales — at branches open for a year — slipped0.1% for the fiscal year ending February 2, while total revenue also...
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Retail
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Apr 03, 2019
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Rapaport News
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Signet Hires New Financial Chief
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Signet Jewelers has appointed Joan Hilson chief financialofficer, as part of an effort to strengthen its leadership team. The former David’s Bridal executive — who also managed finances forAmerican Eagle Outfitters and Victoria’s Secret — will...
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Retail
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Mar 13, 2019
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Rapaport News
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Signet Offers Employees Voluntary Exit Packages
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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...
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Retail
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Feb 25, 2019
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Rapaport News
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Signet Loss Prompts Share Sell-Off
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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...
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Retail
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Dec 06, 2018
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Rapaport News
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