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...
Resale and rental have become hot initiatives among retailers. The intention is to cater to consumers’ changing preferences and values, while also mitigating the effects of inflation. But are these initiatives panning out? We’ll find out at the next earnings call for some of the...
Signet Jewelers, the parent company of some of the best-known jewelry chains — including Kay Jewelers, Zales and Jared — plans to permanently close nearly 400 stores. In a statement announcing its first-quarter results on Tuesday (June 9), the Hamilton, Bermuda-based company reported its stores had...
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 […]
June 09, 2020
Signet Jewelers, the parent company of some of the best-known jewelry chains — including Kay Jewelers, Zales and Jared — plans to permanently close nearly 400 stores. In a statement...
December 04, 2017
Consumer watchdog group the Consumer Financial Protection Bureau (CFPB) has notified Signet Jewelers — the parent company of Zales, Kay Jewelers and Jared — that it may take future action against the...
