Tag Archives: mark light

BREAKING NEWS: Signet names new leader as CEO steps down for health reasons

BREAKING NEWS: Signet names new leader as CEO steps down for health reasons

Diamond retailer Signet Jewellers today appointed Virginia  Drosos as the company’s new CEO. Drosos, who has served as an independent director of the company’s board since 2012, will step into the role on August 1, 2017. Drosos has over 29 years of executive leadership experience in the beauty and consumer goods industries. She previously served

Signet announces retirement of two industry veterans

Signet Jewelers has announced the retirement of its executive vice president/ chief merchandising officer and the senior vice president of Signet Direct Diamond Sourcing. In careers spanning decades, Stuart Lee and Clark McEwen have played important roles in developing Signet and creating consumer confidence in the products it sells. “Over the past many years, Stuart

Signet’s UK boss lands global role as jewellery giant restructures leadership team

Signet Jewelers Limited has announced several organisational changes designed to enable execution of key business priorities including strengthening customer service, enhancing digital capabilities and driving profitable growth. Changes include promotions within the UK division and the appointment of a digital expert to the board of directors, following a short fall in this area during the

H Samuel and Ernest Jones rocked by downturn in seasonal sales

Signet Jewelers has reported unfavourable sales results for the festive trading period. In a report on the company’s seasonal sales for the nine weeks ended December 31, 2016, Signet reported a 19.8% drop in total sales across the UK jewellery division, which encompasses Ernest Jones and H. Samuel. Signet attributes this steep decline to unfavourable foreign

Diamond jewellery drives Signet sales in the UK

Same store sales at Signet Jewelers’ UK retail chains Ernest Jones and H Samuel increased by 3.6% in the third quarter of the company’s 2016 financial year. Strong sales of both fashion and fine diamond jewellery rescued what would otherwise have been a tough three months from July to September with the overall number of transactions

Signet Jewelers launches responsible sourcing protocol for diamonds

Signet Jewelers Limited has launched the Signet Responsible Sourcing Protocol for diamonds (D-SRSP), a protocol that provides increased transparency and further commitment to the continuous improvement in the integrity of the global diamond supply chain. Signet has collaboratively developed and piloted the D-SRSP with input from experts in the diamond industry, civil society and governments.

Signet reports 5% Christmas sales growth

Signet Jewelers has announced its sales for the festive trading period, reporting a 5% sales growth. The report that covers the eight weeks ended December 26 2015 revealed total sales of $1,947.8 million (£1,330.17 million), an increase of 5% compared to $1,854.4 million (£1,268.62 million) in the eight weeks ended December 27 2014. The company

Signet strengthens Pandora partnership

Signet Jewelers has announced plans to extend its already well-established partnership with Pandora with its US jewellery chain Jared. As part of this effort, Jared will upgrade more than 200 of its established stores to include new Pandora boutiques. Mark Light, chief executive officer of Signet Jewelers, says: “For more than seven years, Jared Guests