Signet Jewelers, the world’s largest diamond retailer, faces a distinct challenge in creating customer loyalty. Unlike frequently purchased consumer goods, jewelry purchases tend to be less frequent, necessitating a focus beyond transactional sales. “For jewelry brands, the focus transcends transactions,” Lisa Walker, president of jewelry...
As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying diamond jewelry. Signet Jewelers, the world’s largest diamond jewelry retailer, shared on a call with analysts Thursday (June 13) discussing...
An expected post-pandemic resurgence in engagements may be delayed by today’s economic conditions. High inflation and an uncertain labor market could lead couples to put off getting married, Gina Drosos, CEO of Signet Jewelers, the owner of Kay Jewelers and Zales, told Bloomberg in a report posted Wednesday (March 20). Drosos said...
As financial pressures prompt consumers to make difficult decisions about what they can afford when it comes to luxuries such as diamonds, Signet Jewelers is seeing increased demand for assistance and consultation. The retailer, owner of Kay Jewelers, Zales and Jared, shared on a call with analysts Wednesday (March 20) discussing...
March 20, 2024
An expected post-pandemic resurgence in engagements may be delayed by today’s economic conditions. High inflation and an uncertain labor market could lead couples to put off getting married, Gina Drosos, CEO of Signet Jewelers, the owner of Kay Jewelers and Zales, told Bloomberg in a report posted Wednesday (March 20). Drosos said this on the same day that Signet Jewelers said it […]
September 01, 2022
Signet Jewelers reported a slight drop in quarterly sales Thursday (Sept. 1) but said it is positioned to keep making investments like its recent purchase of online jeweler Blue Nile....
August 09, 2022
Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring online jewelry retailer Blue Nile...
October 12, 2021
Diamond jewelry retailer Signet Jewelers announced Tuesday (Oct. 12) it has agreed to acquire destination jeweler Diamonds Direct USA Inc., which serves primarily luxury-oriented bridal customers. The deal calls for...
