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RJC
RJC Elects New Board Members
The Responsible Jewellery Council (RJC) has expanded its board and appointed seven trade members to represent different parts of the supply chain.New board members include Feriel Zerouki, RJC honorary treasurer and senior...
Polished Markets May 24, 2020 Rapaport News
Signet furloughs
Signet Temporarily Lays Off Workers
Signet Jewelers has furloughed a number of its employees to cut costs and ensure the long-term sustainability of its business.“Due to the unprecedented impact of COVID-19 and the closure of our stores, we have moved quickly to proactively reduce...
Retail Apr 01, 2020 Rapaport News
Signet
Signet Settles Shareholder Suit for $240M
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...
Retail Mar 31, 2020 Rapaport News
Tiffany US Retail
Tiffany, Macy’s Among Retailers Closing US Stores
A growing number of US retailers, including Tiffany & Co., are temporarily shuttering all locations across North America in an effort to stem the coronavirus spread.“Effective immediately, we’re temporarily closing all Tiffany stores in the US and Canada,...
Retail Mar 18, 2020 Rapaport News
Silver jewelry 150
RJC to Certify Silver Sourcing
The Responsible Jewellery Council (RJC) has added supply-chain certification for silver to its chain-of-custody standard.The certification, which is voluntary, allows those in the trade to offer verification that their materials are responsibly sourced. The...
Polished Markets Feb 03, 2020 Rapaport News
Signet when you come back
Signet Expands Lab-Grown Diamond Offering
Signet Jewelers is now offering jewelry featuring synthetic diamonds and gemstones at all of its major US banners, after asuccessful pilot in limited locations. “Lab-created diamonds are available in both fashion and bridaljewelry at James Allen, Kay,...
Retail Dec 16, 2019 Rapaport News
Signet
Signet Increases Lab-Grown Footprint
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...
Retail Oct 23, 2019 Rapaport News
RJC Plumb Club
Plumb Club Requires Members to Join RJC
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...
Polished Markets Sep 22, 2019 Rapaport News
Signet
Signet Names New UK Managing Director
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...
Retail Sep 10, 2019 Rapaport News
Kay Jewelers 150
Judge Calls Out Signet over Suit Dispute
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...
Retail Jul 17, 2019 Rapaport News
RJC
RJC Ready to Target Consumers
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...
Polished Markets Jun 27, 2019 Avi Krawitz
Signet Kay Jewelers 150
Signet Implements More Job Cuts
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...
Retail Apr 22, 2019 Rapaport News
RJC
RJC Appoints Executive Director
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,...
Polished Markets Apr 10, 2019 Rapaport News
Signet
Signet to Shut Dallas Production Site
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...
Retail Apr 02, 2019 Rapaport News
Alex and Ani Sterling
Sterling, Alex and Ani Settle Dispute
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,...
Retail Feb 27, 2019 Rapaport News
Signet
Signet Offers Employees Voluntary Exit Packages
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...
Retail Feb 25, 2019 Rapaport News
Zales lawsuit
Zales Faces Suit over Jewelry Repair Plan
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...
Financial-Legal Dec 11, 2018 Leah Meirovich
Signet results
Signet Loss Prompts Share Sell-Off
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...
Retail Dec 06, 2018 Rapaport News
kay
Judge Orders Signet to Face Fraud Lawsuit
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...
Financial-Legal Nov 29, 2018 Rapaport News
Signet gold mining
Signet Offers First ‘Conflict-Free’ DRC Gold
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...
Mining Oct 28, 2018 Rapaport News
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