Signet, the US’s biggest jewelry chain with 2,800 outlets, says an “engagement gap” is to blame for falling ring sales. The Covid pandemic was a passion killer. Relationships that may otherwise have led to 2023 weddings faltered, or never happened in the first place, as lockdowns forced people to stay at home. The average time […]

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Jewellery giant Signet has introduced lab-grown diamond jewellery to all of its major US retail outlets. In May, James Allen, the e-tailer that Signet purchased in 2017, became the first Signet-owned brand to offer lab-grown diamonds. Now it appears all the US outlets stock a selection of man-made stones and jewellery. Spokesperson David Bouffard told […]

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Retailers and unions have called for urgent action from the government to help struggling high streets as new data shows the number of shop closures is rising at the fastest pace since records began in 2010. Analysis by PwC reported that around 16 stores closed for good every day in the first half of 2019 […]

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Same-store sales decreased by 5.2% to £87.6m for Signet’s UK operation, which encompasses H Samuel and Ernest Jones, during the first quarter of FY2020. While ATV increased by 0.2%, the number of transactions fell by 5.4% for the retailers collectively. The retail giant says sales declined across categories and continued to reflect a difficult operating […]

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