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Signet - Jared
Product Overhaul Drives Signet Growth
Signet Jewelers raised its outlook for the year afterproduct initiatives and clearance sales drove revenue growth in the secondfiscal quarter. Sales increased 1.5% to $1.42 billion in the three monthsending August 4, the retailer...
Retail Aug 30, 2018 Rapaport News
Blue Nile webroom
Blue Nile Names New Merchandising Head
Blue Nile has appointed Katie Zimmerman as chiefmerchandising officer, a role that entails overseeing bridal and fashionjewelry. “Katie brings a unique eye and thoughtful analysis tomerchandising,” said CEO Jason Goldberger, to whom Zimmerman will...
Retail Mar 22, 2018 Rapaport News
Kay Jewelers Signet
Signet Cuts Forecast as Hurricanes Hurt Sales
Signet Jewelers’ sales fell in the third fiscal quarter dueto hurricanes in the US and disruptions related to changes in the retailer’scredit services.Group sales slipped 2.5% and same-store sales — at outletsopen for at least a year — dropped 5% in the...
Retail Nov 21, 2017 Rapaport News
Signet Warehouse Opening
Signet Opens Larger Non-Merchandise Warehouse
Signet Jewelers has expanded its facility for distributing non-merchandise items like jewelry boxes and other store supplies. The expansion adds 56,000 square feet to the Barberton, Ohio, center, bringing its total...
Retail Apr 13, 2017 Rapaport News
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
Signet Shares Advance on Upbeat Sales Forecast
Signet Jewelers increased its full-year earnings guidance asresults were better than anticipated in the third fiscal quarter. The retailer’sshare price rose about 4 percent early Tuesday following the announcement.Profit jumped 13 percent to $17...
Retail Nov 22, 2016 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
Mark Light Signet
Private Equity Firm Invests $625M in Signet
Signet Jewelers announced a $625 million investment fromprivate equity firm Leonard Green & Partners (LGP).LGP will make the investment by buying convertible preferredshares, with the proceeds going to finance a repurchase of up to $625 millionin common...
Retail Aug 25, 2016 Rapaport News
Stuller HQ
Stuller Hedging its Bet on Synthetics
Ranked among the largest jewelry wholesalers, Louisiana-based Stuller Inc. has made some bold moves in the past year as it navigates the ongoing volatile market conditions. Among these include dropping its De Beers sightholder...
Retail Jul 14, 2016 Avi Krawitz
‘Ever Us’ Sales Lift Signet’s 1Q Revenue
Signet Jewelers reported sales increased in the first fiscalquarter off the back of a stronger performance by select branded bridal anddiamond fashion jewelry.Revenue rose 3.2 percent to $1.58 billion in the threemonths that ended April 30,...
Retail May 29, 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’s Same-Store Sales +5% in 4Q
Signet Jewelers' same-store sales increased 4.9 percent in thefourth quarter that ended January 30, according to preliminary results releasedFebruary 29.The improvement is withinthe diamond jewelry retailer’s guidance of 4.6 to 5 percent same-stores salesgrowth and comes...
Retail Feb 29, 2016 Rapaport News
Signet Jewelers
Signet’s 5% Jump in Holiday Sales Underpins Higher 4Q Revenue Guidance
SignetJewelers reported holiday-season group sales rose 5 percent year-on-year to$1.95 billion in 2015, driven by successacross strategic store brands, merchandise categories and selling channels.A stronger result helped the company to improve its revenue guidance...
Retail Jan 07, 2016 Rapaport News
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
De Beers, Zale, Jewelry Academy Receive Trademarks
The U.S. Patent & Trademark Office (USPTO) issued the trademark "For You, Forever" to De Beers Diamond Jewellers Ltd. on March 31 with registration number 4712952. De Beers applied for the trademark on February 4, 2013 and...
Financial-Legal Apr 07, 2015 Jeff Miller
Signet's Same-Store Sales Rise 4% in U.S., 8% in U.K.
Signet Jewelers Ltd. reported that sales rose 45.5 percent year on year to $2.276 billion in the fourth quarter that ended on January 31 and included the Christmas season. The increase was mainly due to Zale's...
Financial-Legal Mar 26, 2015 Jeff Miller
Signet's Christmas Same-Store Sales +4%
Signet Jewelers reported that same-store sales rose 3.6 percent year on year during the Christmas season, which spanned eight weeks that ended on December 27. Total sales grew 45 percent to $1.85 billion due,...
Retail Jan 08, 2015 Avi Krawitz
Yellow Rough
The Diamond Story of 2014
The reduction of bank credit available to the diamond industry is a game changer that will influence the market for many years to come. Therefore, this column has chosen bank credit as its most important story...
Polished Markets Dec 26, 2014 Avi Krawitz
Signet Records $1M Loss, Same-Store Sales +4%
Signet Jewellers Ltd. reported that revenue rose 52.7 percent year on year to $1.18 billion for the third quarter that ended on November 1, on a condensed consolidated basis that included the acquisition of Zale. Comparable-store sales...
Financial-Legal Nov 25, 2014 Jeff Miller
Signet Jewelers
Signet Names New Chief Information Officer
Signet Jewelers Ltd. appointed Daniel Shull as the retailer's first chief information officer, who will be responsible for the company's technology systems and oversee that IT solutions and capital investments are aligned with...
Technology Nov 18, 2014 Jeff Miller
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