Signet Jewelers saw same-store sales drop 2 percent in the second quarter but the company’s CEO said he was “not sure” how much the allegations of systematic, widespread “stone swapping” at Kay Jewelers stores played into the decline.
Comps fell 2 percent, due mainly to sales weakness in states where the economy is dependent on the energy industry, the company’s CEO said. Read More >
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Fine Jewelry Industry News
Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter and quarterly digital magazine. National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.