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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Jun- 2022 -1 JuneRetailers
Deakin and Francis appoints business development manager
Deakin and Francis has announced the appointment of Mark Riddle as the company’s new business development manager. In his new role, Riddle will focus on working with existing UK accounts to build sales, secure compatible new UK wholesale distribution for the Deakin and Francis brand, and identify new corporate clients.…
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Apr- 2022 -6 AprilRetailers
Royal Mint debuts into jewellery market with unisex collection
The Royal Mint’s newly launched lifestyle brand, 886, has unveiled its debut line of in-house fine jewellery with a unisex collection which uses gold recovered from electronic waste. Designed by creative director Dominic Jones, the debut collection features classic hoop earrings, T-bar chains, bands, studs, traditional signet rings and cuffs.…
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4 AprilRetailers
The Great Frog launches collaboration with The Rolling Stones
The Great Frog has announced a collaboration with The Rolling Stones which will launch exclusive handmade jewellery pieces on 8 April 2022. This collaboration with the band’s fashion and lifestyle brand, RS No.9 Carnaby, will see the pieces launch at the global flagship store. The collection is inspired by the…
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Mar- 2022 -17 MarchRetailers
Signet Jewelers sales surge 49.7% to $7.8bn
Signet Jewelers Limited has announced its total sales surged 49.7% to $7.8bn (£5.95bn) in the 52 weeks ending January 29 2022 (FY22), up $2.6bn (£1.98bn) year-on-year and up 27.5% on a two-year basis. For the full year, brick and mortar total sales grew 56.2% year-on-year to $6.3bn (£4.8bn) and 17.2%…
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14 MarchRetailers
H. Samuel owner donates £766k to Red Cross Ukraine
Signet Jewelers Limited, the owner of H .Samuels, has announced the foundation will donate £766k to the Red Cross Ukraine humanitarian relief efforts, through its global network. Signet has also suspended business interaction with Russian-owned entities since the beginning of the invasion, in unity with all those in the world…
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Jan- 2022 -25 JanuaryRetailers
Signet raises revenue forecast to £5.77bn
Signet Jewelers Limited has announced its total sales rose year-on-year by 30.4% to $2.4bn (£1.78bn) for the nine weeks ending January 1 2022 (Q4), with its full year total revenue guidance increasing to $7.78bn (£5.77bn). Preliminary same store sales grew by 25.2% year-on-year for the period, and by 35.1% on…
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Dec- 2021 -3 DecemberRetailers
Signet sees sales reach £1.1bn in Q3
Signet jewellers, the diamond jewellery retailer, has announced its total sales reached $1.5bn (£1.1bn) for the 13 weeks ending October 30, 2021 (Q3 22), which is an increase of more than $235m (£117m) compared to Q3 21 and more than nearly $350m (£263m) than Q3 FY20. The jewellers operating income…
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Sep- 2021 -7 SeptemberRetailers
Signet Q2 revenues soar 101%
Signet Jewellers, the global diamond jewellery retailer, saw its Q2 FY22 sales soar 101% year-on-year to $1.79bn (£1.3bn). Same store sales during the 13 week period ended 31 July 2021 also climbed 97.4% year-on-year and 38.1% when compared to the same period in FY20. The group also reported a swing…
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Aug- 2021 -23 AugustRetailers
Signet Jewelers launches charity foundation
Signet Jewelers has announced that it has launched a new charity initiative, Love Inspires Foundation to support women and children, and social change advocacy. The foundation will aim to support people through grants in countries that it operates in and also provide matching gifts to qualified non-profit organisations. Virginia C…
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4 AugustRetailers
Signet Jewellers renegotiates £1bn ABL facility
Signet Jewellers has announced that it has reached a deal to renegotiate its $1.5bn (£1bn) asset based lending (ABL) facility in a move to wind up the sale of its credit portfolio. The new deal extends the group’s ABL facility by nearly two years until July 2026 with terms that…
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