Signet news and archive

Serena Williams jewellery line set to launch globally following US deal

Tennis superstar Serena Williams is launching her eponymous fine jewellery collection, Serena Williams Jewelry in Zales in the US. The Signet-owned diamond jeweller will become the sole retailer of Serena Williams Jewelry in the US from August 24. The collection includes more than 60 sparkling rings, necklaces, earrings, and bracelets set in 10K...

Retail

Clearpay introduces new partnerships for the Christmas shopping period

‘Buy now, pay later’ payment service Clearpay has announced partnerships with fashion retailers including the Arcadia Group (Topshop, Topman, Miss Selfridge, Dorothy Perkins, Wallis), Signet (Ernest Jones and H Samuel), and jewellery retailer Pandora for the Christmas shopping period. Clearpay’s new merchants will be able to access the company’s...

Design

Signet invests in Test & Learn software

Signet, the world’s largest specialty jewellery retailer who own H Samuel and Ernest Jones, has invested in business testing software from retail specialist Applied Predictive Technologies (APT). The group will implement the new Test and Learn system from APT through both the H Samuel and Ernest Jones chains across the UK. It comes in a bid to...

Fashion

Signet halves UK losses

Signet, the company that owns jewellery businesses H Samuel and Ernest Jones, has announced that it has more than halved its UK losses. Thanks to improved sales on the high street in the three months ended 28 October, the group - which also operates US based Kay Jewelers and Jared the Galleria of Jewellery - managed to reduce operating losses at...

Fashion

Signet jewelers refuses big

The largest shareholder in Signet, the jewellery retailer, has dismissed a possible 132p-a-share bid for the company as too low. David Herro, the veteran fund manager at US-based Harris Associates, which holds almost 13 per cent of Signet, said a mooted £2.3bn offer for the company by Apax and KKR, the private equity groups, would undervalue the...

Fashion

Sale of Signet jewellery on hold

Hopes for a quick £2.3 billion sale of Signet, owner of High Street jewellery chains H. Samuel and Ernest Jones, faded this weekend. Insiders said a bid was far from certain. Last week, private equity firms KKR and Apax were reported to be considering a 132p-per-share offer. But it is thought no formal offer has been discussed. The news came...

Fashion

Signet confirms Q1 rise

Specialty jewlry retailer Signet Group plc announces its first quarter results for the period from 30 January to 30 April 2005. Group profit before tax was £27.9 million (Q1 2004/05: £26.1 million), up by 9.4 percent at constant exchange rates. Total sales were £369.2 million (Q1 2004/05: £351.9 million), up by 7.0 percent at constant exchange...