Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Signet COO Resigns From the Company
Bryan Morgan stepped down from the retailer June 2 due to “violations of company policy unrelated to financial matters.”
Akron, Ohio--Signet Jewelers Ltd. COO Bryan Morgan has resigned from the company, it announced Monday.
In a form 8-K filed with the Securities and Exchange Commission, the retailer said he was stepping down due to “violations of company policy unrelated to financial matters.”
Morgan had been in the position since earlier this year, when he was promoted from position of executive vice president of supply chain management and repair.
He has been with Signet since July 2015, according to his LinkedIn page, and prior to that held various roles with Sterling Jewelers starting in July 2007.
While Morgan was let go for “violations of company policy,” the retailer also has seen a number of retirements in its upper ranks this year.
Morgan’s promotion into the COO role came at the same time as a major senior management restructuring at the company.
Ed Hrabak, then the company’s COO, announced he was retiring in late January after more than 30 years with Signet. At the same time, Tryna Kochanek, Signet’s executive vice president of North American store operations, also announced her retirement after more than three decades with the retailer.
It announced at the time that as Hrabek and Kochanek exit, it was creating two new positions--president and chief customer officer and chief retail insights and strategy officer. The retailer also said then that it was adapting to changes in retail and looking to build an “organization of the future” that focuses on improving the customer experience in stores and the digital experience online.
Then in May, Executive Vice President and Chief Merchandising Officer Stuart Lee, who has been with Signet for 21 years, and Clark McEwen, the senior vice president of Signet Direct Diamond Sourcing, announced they are retiring as well.
Signet provided no timeline for their exit or information on when, or if, their positions will be filled.
The retailer reported at the end of May that same-store sales were down nearly 12 percent in the first quarter due to a slowdown in jewelry spending in an already challenging retail environment and an 11 percent decrease in total sales year-over-year.
The Latest
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.