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Signet Jewelers, the world’s largest retailer of diamond jewellery, has purchased US competitor Blue Nile in an all-cash deal.
/PRNewswire/ -- Signet Jewelers Limited ("Signet" or the "Company") (NYSE: SIG), the world's leading retailer of diamond jewelry, today announced it has signed...
Signet Jewelers has signed a deal to acquire online retailer Blue Nile for $360 million in cash.The purchase will boost Signet’s bridal, “accessible luxury” and digital businesses, while expanding the group’s consumer base, the US retail chain said Tuesday. The company expects to complete the...
Signet Jewelers (NYSE: SIG), parent company to Zales, Jared, and Kay Jewelers, revealed plans to acquire online jeweler Blue Nile in an all-cash USD360 Million deal as it strives to bring in a younger clientele and expand its bridal business.
From Crain's Akron Business: The Akron-based parent of Zales, Jared and Kay Jewelers, among others, said the deal represents a bid to appeal to younger consumers and to grow its bridal business. Separately, Signet cut its financial forecast for the second quarter and full-year fiscal 2023.