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Signet Increases Lab-Grown Footprint
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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...
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Retail
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Oct 23, 2019
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Rapaport News
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Plumb Club Requires Members to Join RJC
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The Plumb Club has become the first trade group to requireall members to sign up to the Responsible Jewellery Council (RJC). The supplier and manufacturer group hopes that other tradeassociations will follow suit, thereby...
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Polished Markets
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Sep 22, 2019
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Rapaport News
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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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Judge Calls Out Signet over Suit Dispute
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A New York judge has refused to back down after ruling that Signet Jewelers’ comments about the sexual-harassment claims it was facing could be part of a class-action suit against the retailer.On July 10, Judge Colleen...
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Retail
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Jul 17, 2019
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Rapaport News
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RJC Ready to Target Consumers
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The Responsible Jewellery Council (RJC) is planning a strategy to help retailers assure consumers their jewelry has been ethically sourced and that they follow the required sustainability standards. The group, whose mandate is to set...
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Polished Markets
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Jun 27, 2019
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Avi Krawitz
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Signet Implements More Job Cuts
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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...
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Retail
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Apr 22, 2019
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Rapaport News
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RJC Appoints Executive Director
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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,...
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Polished Markets
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Apr 10, 2019
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Rapaport News
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Signet to Shut Dallas Production Site
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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...
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Retail
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Apr 02, 2019
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Rapaport News
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Sterling, Alex and Ani Settle Dispute
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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,...
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Retail
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Feb 27, 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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Zales Faces Suit over Jewelry Repair Plan
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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...
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Financial-Legal
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Dec 11, 2018
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Leah Meirovich
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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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Judge Orders Signet to Face Fraud Lawsuit
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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...
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Financial-Legal
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Nov 29, 2018
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Rapaport News
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Signet Offers First ‘Conflict-Free’ DRC Gold
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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...
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Mining
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Oct 28, 2018
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Rapaport News
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Three People Join JA Board
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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,...
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Retail
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Jul 24, 2018
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Rapaport News
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Signet, Alrosa Execs Join RJC Leadership
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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...
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Polished Markets
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May 22, 2018
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Rapaport News
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Forevermark Chief to Get Top AGS Honor
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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...
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Polished Markets
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May 22, 2018
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Rapaport News
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Jewelers Hit Back at Human Rights Watch
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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...
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Retail
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Feb 14, 2018
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Leah Meirovich
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Jeweler Sues Zales over Google Results
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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...
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Retail
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Feb 05, 2018
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Rapaport News
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Signet Shakes Up Internal Structure
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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...
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Retail
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Jan 24, 2018
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Rapaport News
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