THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Signet puts in strong performance in the UK

Signet Jewelers, the largest retail jeweller in the US, UK and Canada, has reported strong Christmas trading at its UK division with sales rising by 9.7% in the eight weeks to 27 December.

GENERAL MERCHANDISE

Signet puts in strong performance in the UK

Signet Jewelers, the largest retail jeweller in the US, UK and Canada, has reported strong Christmas trading at its UK division with sales rising by 9.7% in the eight weeks to 27 December.

While sales at Ernest Jones climbed by 11.9% year-on-year, sales at H Samuel grew by 8.1%. The combined total sales for both retailers was $215.1 million.

Signet attributed the sales increase to growth in diamonds including branded bridal. Other drivers included beads, watches and the growing popularity of Black Friday style shopping.

Mark Light, Signet chief executive, said:  “Our UK division led our performance with an outstanding 9.7% comp increase - its best in 12 years and on top of a very strong comp last year.  These results were driven by fresh, trend-right merchandise offerings and strategic collaboration with the Sterling division. “

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues