Signet, the world’s largest retailer of diamond jewelry, reported an improved performance for the last quarter of 2020, but will be borrowing $900m as it faces the uncertainty of coronavirus. The company, whose brands include Kay Jewelers, Zales, Jared, James Allen, Peoples and Piercing Pagoda, last week closed all its 3,200 stores. It saw same-store […]

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At the same time, the export of natural polished diamonds fell by 25%, though it’s much bigger in value terms For the first time, the export of lab-grown polished diamonds ahead of Christmas season witnessed a massive 111% increase to Rs 155 crore in November compared to Rs 73 crore in Novemember compared to Rs […]

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Jared®, one of the store brands of Signet, seen as the world’s largest retailer of diamond jewellery, recent announced the launch of its new concept store in collaboration with James Allen. “The Frederick, Maryland store combines the best of both retailers: Jared’s professional diamond consultants and trusted customer service and James Allen, one of the […]

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Jared, in collaboration with James Allen, has opened a concept store in Frederick, Maryland. The retailer said the new format “provides an updated environment that is aṆ significant, yet welcome, departure from a traditional jewelry store.” These updates include a more tactile experience for those shopping for bridal jewelry. The store has a hands-on product […]

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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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Signet Jewelers Limited today (Thursday) announced that same store sales at its North American locations increased 2.9 percent in Q3 2020. Average transaction value (ATV) increased 0.5% and the number of transactions increased 2.8 percent. Online sales grew 13 percent and brick and mortar same store sales grew 1.6 percent. Signet’s top performing U.S. brand […]

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