Signet
Signet Jewelers, one of the world’s largest jewellery retailers, operates major UK brands including H. Samuel and Ernest Jones, making it a key player in the British jewellery trade. Its scale, strategic decisions, and financial performance have significant implications for suppliers, competitors, and the wider industry.
Jewellery Focus provides in-depth coverage of Signet’s UK operations, including store developments, leadership changes, market strategies, and financial results. Our reporting helps jewellery professionals understand how Signet’s activities influence retail trends, supply chain relationships, and consumer expectations across the sector.
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Dec- 2014 -3 DecemberCurrent Affairs
Congo arms funding: jewellers urged to join the fight
Non-profit organisation The Enough Project has urged jewellery retailers to “develop transparent policies about their gold sourcing practices” to prevent funds going to armed groups in the Democratic Republic of Congo. The group has called for jewellers to commit to sourcing from only certified conflict-free gold refiners and to invest…
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Nov- 2014 -26 NovemberInternational
Signet enjoys highest same-store sales jump in seven years
The owner H Samuel and Ernest Jones, Signet UK, has reported that sales rose 8.4% to $151m (£96.1m) in the third quarter of this year. The firm said its results were buoyed by the acquisition of US jeweller Zale Corporation in May this year, as well as purchase accounting, severance and transaction…
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20 NovemberAppointments
Signet appoint first ever chief information officer
Signet Jewellers, parent company of H Samuel, Leslie Davis and Ernest Jones in the UK, has announced the appointment of Daniel Shull as its first chief information officer (CIO). The appointment will be effective from January 5 and Signet hopes that the new role will improve its technology outreach and…
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5 NovemberTrade Organisations
DDI to manage Kimberley Process technical assistance
The Diamond Development Initiative (DDI) has begun coordinating the ‘technical assistance’ function of the Kimberley Process with the help of a grant from Signet Jewellers. The Kimberley Process Certification Scheme (KPCS) is a joint government, industry and civil society initiative to stem the flow of conflict diamonds, especially those used…
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Oct- 2014 -14 OctoberAppointments
Signet CEO Michael Barnes resigns
Signet has announced that Michael Barnes has resigned from his position as CEO and from the board of directors, effective October 31, 2014. He is to be succeeded by current president and COO, Mark Light. Signet said it is also “reaffirming its financial guidance initiated in its second quarter earnings release on August…
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Sep- 2014 -23 SeptemberEditor's Blog
Shame on the other multiples for not standing with F Hinds
Outside of the trade associations (which are often referred to pejoratively inside Westminster as ‘special interest’ groups), there are only a few other ways an industry can lobby for itself, and one is for the biggest players to start shouting. That is why it is almost beyond comprehension that F Hinds…
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Aug- 2014 -29 AugustEconomy
Signet Jewelers report 17.1% UK sales increase in second quarter
Signet Jewelers, the parent company of Ernest Jones and H.Samuel, has reported a total increase of 17.1% in UK sales in its second quarter financial results. Same-store sales increased by 4.4% in the same period, while total sales reached $162.9m (£98.2m) in the UK. Online sales in the UK increased…
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Jul- 2014 -11 JulyNews
Deakin & Francis launches ‘1786’ collection
Birmingham-based manufacturer Deakin & Francis is set to launch a new collection of cufflinks, signet rings and ID tags in celebration of its 228-year heritage. The new 1786 Collection features signet rings stamped with the classic Deakin & Francis skull & crossbones design and the significant date, ‘1786’. The skull…
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2 JulyInternational
Signet Group announces major management re-shuffle
Signet Jewelers today announced that Ronald Ristau resigned from his position as CFO, as did Theo Killion, the president and CEO of the recently acquired Zale division. Current senior vice president and controller Michele Santana has been promoted to CFO designate, effective immediately, and George Murray, Signet’s current chief integration management…
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Feb- 2014 -20 FebruaryInternational
Signet tightens grip on US market with $690m Zale purchase
The US owner of British jewellery chains H Samuel and Ernest Jones has inched closer to market domination with the acquisition of smaller American chain Zale for a reported $690m (£414m). In a statement, Signet said it had stumped up for a $21-per-share cash deal, which represented a 41 per…
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