Signet Jewelers was founded in 1949. Originally named The Ratner group, the company is now one of the largest retailer of diamonds and diamond jewelry. Signet Jewelers expanded greatly through a series of mergers and acquisitions and took on the Signet name in 1993.
The company moved its main stock market listing from the London to the New York Stock Exchange, where it is publicly traded under the ticker symbol: SIG. Signet Jewelers purchased Zale Corporation in February of 2014 for $1.4 billion. This merger makes Signet Jewelers a $6.2 billion company.
In mid-August 2020, Signet has decided to reopen stores using a COVID safety plan called Love Takes Care.
Signet Jewelers has more than 3,500 Kay, People, and Jared’s Jewelry stores and states profits in 2014 were $58 million or .72 cents per share.
Signet Jewelers was founded in 1949. Originally named The Ratner group, the company is now one of the largest retailer of diamonds and diamond jewelry. Signet Jewelers expanded greatly through a series of mergers and acquisitions and took on the Signet name in 1993.
History
The company moved its main stock market listing from the London to the New York Stock Exchange, where it is publicly traded under the ticker symbol: SIG. Signet Jewelers purchased Zale Corporation in February of 2014 for $1.4 billion. This merger makes Signet Jewelers a $6.2 billion company.
In mid-August 2020, Signet has decided to reopen stores using a COVID safety plan called Love Takes Care.
Signet Jewelers has more than 3,500 Kay, People, and Jared’s Jewelry stores and states profits in 2014 were $58 million or .72 cents per share.