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- 2017 -13 DecemberCurrent Affairs
Cartier boycotts Myanmar ‘genocide gems’, pressure mounts for Signet, Bulgari
Cartier will stop trading in precious stones from Myanmar following pressure from consumers to stop selling ‘genocide gems’. The International Campaign for Rohingya (ICR), advocates for the Rohingya people, called on its 70,000 supporters to lobby the jewellery brand through text messages, calls and emails. The Rohingya are a Muslim…
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Nov- 2017 -29 NovemberProduct Launches
H Samuel launches online prizes advent calendar
H Samuel, owned by Signet Jewelers, are launching an online advent calendar this Christmas as part of its plans to become a more digital-savvy business. The firm hopes adapting offline traditions for online applications will increase its online presence and improve brand visibility. The launch of the Christmas advent calendar…
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Aug- 2017 -25 AugustE-Commerce
Signet Jewelers acquires JamesAllen.com owner, R2Net
Signet Jewelers announced that it has agreed to acquire R2Net for $328m (£256m) in an all-cash transaction. R2Net is the owner of online jewellery retailer JamesAllen.com, as well as Segoma Imaging Technologies, who provides R2Net machines to enable delivery of next-generation digital shopping experience for jewellery. The acquisition will bring…
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25 AugustRetailers
Signet Jewelers post positive Q2 financial results
Signet Jewelers, which owns H Samuel and Ernest Jones in the UK, has reported a same store sales (SSS) increase of 1.4% in Q2. Total sales were $1,399.6m (£109.2m), up $26.2m (£20.4m) or 1.9%, compared to a decrease of 2.6% in the 13 weeks ended July 30, 2016. SSS increased…
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Jul- 2017 -17 JulyAppointments
Signet appoints new CEO to replace Mark Light
Signet Jewelers has announced Virginia C. Drosos as its new CEO. Drosos previously served as an independent director of the company’s board since 2012 and will take up the new role on 1 August 2017. This news comes as Mark Light, who has served as CEO of Signet since 2014,…
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Jun- 2017 -26 JuneAppointments
Signet Jewelers appoints Mark Graf to board of directors
Retailer Signet Jewelers has announced that its board of directors has appointed of Mark Graf as an independent director. Graf has 20 years experience in treasury, financial planning, accounting, corporate development and business line management. The news follows the retirement of Dale Hilpert from the board. H Todd Stitzer, chairman,…
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May- 2017 -24 MayRetailers
Breitling opens first store in Manchester’s Trafford Centre
Swiss watchmaker Breitling has opened its first store at the Intu Trafford Centre in Manchester. The store will launch later this month and will be managed by Aurum Holdings, whose portfolio includes Watches of Switzerland, Goldsmiths and Mappin & Webb. The Breitling store will be the second largest monobrand opening…
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23 MayRetailers
Aurum takes Signet’s place as UK’s top jewellery retailer
Aurum Holdings has exceeded Signet Jewelers as the biggest jewellery and watch retail group in the UK for the first time. The retailer overtook Signet in 2016 with a sales total of £565m. Signet Jewelers had enjoyed a period of steady growth over the past three years, with sales figures…
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Apr- 2017 -5 AprilCrime
£30,000 of jewellery stolen from Newbury pawnbrokers
Police are appealing for information following a burglary at a pawnbrokers in Newbury. Approximately £30,000 of jewellery was taken from the Gold Buying Shop, alongside cash and bankcards. Thames Valley Police said offenders forced open the back door of the shop. Numerous boxed jewellery items including diamond rings, men’s signet rings,…
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Mar- 2017 -9 MarchRetailers
Same-store sales at Signet’s UK division fall 3.8% in Q4
Jewellery retail giant Signet Jewelers has reported a plunge in sales in the fourth quarter of its 2017 financial year. For the 13 weeks ending January 28, 2017, Signet reporting a 3.8% fall in same-store sales across its UK retail division – comprising Ernest Jones and H Samuel – to…
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