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Sterling Takes Gender-Bias Case to Supreme Court
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Sterling Jewelers has asked the US Supreme Court to reverse a lower-court ruling allowing an arbitrator to decide whether the company underpaid more than 70,000 women in a class action gender-bias case.The case alleges that Sterling — the...
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Financial-Legal
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Feb 03, 2020
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Rapaport News
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Sterling Fights Back Against Alex and Ani
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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...
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Retail
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Mar 12, 2018
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Rapaport News
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Alex and Ani Returns Sterling’s Volley
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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...
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Retail
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Feb 12, 2018
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Rapaport News
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Sterling Sues Alex and Ani over Supply Deal
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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...
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Retail
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Jan 11, 2018
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Rapaport News
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Woes Continue for Signet as Sales Slide
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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%,...
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Retail
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May 25, 2017
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Rapaport News
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Signet Cautious for 2017 as Sales Decline
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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,...
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Retail
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Mar 09, 2017
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Rapaport News
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U.S. Jewelry Store Sales Slide
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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...
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Retail
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Sep 22, 2016
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Rapaport News
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Retail
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Mar 28, 2016
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Rapaport News
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Signet Jewelers 3Q Earnings Miss Expectations
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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...
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Retail
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Nov 24, 2015
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Rapaport News
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Signet's Same-Store Sales +4% in 1Q
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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...
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Financial-Legal
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May 28, 2015
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Jeff Miller
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USPTO Assigns 'Diamonds In Rhythm' to Sterling Jewelers
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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...
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Manufacturing
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Oct 21, 2014
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Jeff Miller
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Marketing
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Feb 04, 2014
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D.E.F.
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Jewelers Security Alliance Awards Recognize Excellence
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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...
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Research
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Jan 17, 2014
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JSA
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Financial-Legal
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Sep 08, 2013
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Deena Taylor
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Financial-Legal
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Aug 28, 2013
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Jeff Miller
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Judge Refers Sterling, Zale to Mediation
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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...
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Financial-Legal
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Mar 29, 2013
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Jeff Miller
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Financial-Legal
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Aug 22, 2012
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Merit Diamond
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Kay Diamonds Owner to Pay Fines, Serve 200 Months in Prison
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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...
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Financial-Legal
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Jun 18, 2012
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Jeff Miller
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Financial-Legal
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Mar 19, 2012
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Jeff Miller
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Jeweler Pleads Guilty to Money Laundering
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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,...
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Financial-Legal
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Feb 01, 2012
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Ricci Dipshan
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