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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May- 2018 -21 MayAppointments
RJC announces new board appointments at Moscow meeting
The Responsible Jewellery Council (RJC) has announced a series of senior appointments to its board of directors at its AGM in Moscow. David Bouffard, vice president of Signet corporate affairs, has been appointed the new RJC chair. Bouffard has been the chair of the RJC communications committee since 2015 and…
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Mar- 2018 -15 MarchDesigners
Signet Jewelers reports ‘challenging’ fiscal year
Signet Jewelers has posted its fourth quarter and fiscal 2018 results, which showed same store sales declined by 5.2% in the fourth quarter and declined overall by 5.3% for the full fiscal year. The groups said it aims to implement its ‘Signet Path to Brilliance’ transformation strategy, in order to…
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Feb- 2018 -20 FebruaryRetailers
Signet CEO responds to Human Rights Watch criticisms
The CEO of Signet Jewellers has responded to criticisms levied against the company and the jewellery industry on the whole in an open letter. Virginia Drosos’s response came after a Human Rights Watch (HRW) report rated the company’s policies towards responsible sourcing as ‘moderate’. In the letter Drosos labels criticisms…
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Dec- 2017 -22 DecemberFeatures
Voice on the High Street – Adam Jacobs
Name: Adam Jacobs, Jacobs the Jewellers Location: Reading Year established: 1948 Number of staff: 9 Website: www.jacobsthejewellers.com When was Jacobs the Jewellers founded? In 1948 Douglas and Jean Jacobs opened ‘Douglas Jacobs’ on the King’s Road in Reading, initially selling a hand-picked selection of second hand silver and jewellery. They…
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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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